by gsdominio@gmail.com | Jan 21, 2022 | Uncategorised
Has been off to an ominous start for shippers – no let-up in climbing freight rates, port congestion globally at higher levels and demand continuing to increase in key markets like the U.S. The Drewry’s composite World Container Index (WCI) increased 1.6 percent...
by gsdominio@gmail.com | Jan 18, 2022 | Uncategorised
A project to expand parts of the Suez Canal is expected to be completed after two years of work in July 2023, the chairman of the Suez Canal Authority (SCA) said on Sunday. The SCA announced accelerated plans to extend a second channel of the canal and to enlarge an...
by gsdominio@gmail.com | Jan 16, 2022 | Uncategorised
The Ever Ace, the world’s largest cargo ship, is as long as four football fields and can carry over 23,000 containers. Container ships like this one have more than doubled in size over the past decade. While the massive vessels can hold more Amazon orders than...
by gsdominio@gmail.com | Jan 12, 2022 | Uncategorised
According to data from Sea-Intelligence, overall, 11.5% of the global capacity has been taken out of the market due to vessel delays in November 2021, a slight improvement from 12.3% in October 2021. “However, it seems that there is no sign of imminent...
