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Kaohsiung Hit by Asia’s Container Congestion

The container congestion contagion effect appears to be manifesting itself in Taiwan with a recent build-up of boxes in its main gateway of Kaohsiung. Congestion in south-east Asia

Moderation in Container Spot Rate Increases Hints at Approaching Peak

In the surest sign yet that soaring container spot freight rates may have reached something resembling a peak, this week’s indexes showed the smallest gains in months, while a co

Intra-Asia Services Struggle as Smaller Ships Diverted to Long-Hauls

The cascading of smaller box ships to more-lucrative long-haul lanes has created a shortage of vessels for intra-Asia trades. A meeting of representatives of the Korea Shipowners A

Singapore Authorities Take Action to Reduce Port Congestion

MARITIME Port Authority Singapore (MPA) and port operator PSA have held discussions with carriers to address the worsening vessel traffic at the world’s second-busiest port.

CMA CGM Ship Loses 44 Containers in South African Storm

A CMA CGM containership lost 44 containers overboard amid heavy weather off the coast of South Africa on Tuesday. The incident occurred while the CMA CGM Benjamin Franklin was en r

Near-Normal Water Levels Boost Panama Canal Ship Transits

The Panama Canal’s freshwater reservoirs are entering summer at close to normal levels, prompting the canal’s operator to increase the number of large ships moving through the

Freight Spend Management Top Priority Amid Red Sea Crisis

Managing freight spend is the biggest concern for shippers and forwarders, as the supply chain volatility driving ocean rate hikes appears to have no end in sight. In Xeneta’s mi

Positive Growth Evident in Global Trade Trends Early 2024

Global trade trends turned positive in Q1 2024, with goods and services trade increasing by 1% and 1.5% respectively, driven by the US, China, and India, according to UN Trade and

ATOS Breakbulk project delivery in Henderson Port WA

The total consignment was 5 Crates of cutting machinery at nearly 70 Tonne and 420 cubic metres. Given the size of the shipment our project team had to liaise many weeks in advance

Disruptions Impact Shipping Outlook

Ship backups that plagued seaports during the Covid pandemic are making a comeback, raising concerns about new delays and higher costs during this year’s peak shipping season. Fl

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