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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
Hapag-Lloyd CEO Predicts Surge in Demand May Be Temporary
Hapag-Lloyd Chief Executive Rolf Habben Jansen said on Wednesday that demand for container shipments across the world’s oceans has risen significantly in recent weeks but the ups
Container xChange Predicts Container Price Bubble Will Burst in H2 2024
Container xChange, a leading player in the global container shipping market, released its June market forecaster report, showing a significant 45% surge in container prices in Chin
U.S. Container Imports Continue to Gain and Show Strong Growth
May 2024 marked another month of remarkable growth for U.S. container imports, registering a 6.2% increase from April and an 11.9% upswing year-on-year, according to data from Desc
Descartes Report Shows Robust Port and Imports Activity in May
Another month brought another strong month of United States-based imports, according to the new edition of the Global Shipping Report, which was issued this week. This is the 34th
