Industry News

11 05 , 2024

Resolution of Red Sea Crisis Set to Rekindle Container Shipping Challenges

Photo: Adobe Stock Clarksons’ recent analysis on container shipping indicates that the current weak supply-demand dynamics are poised to become more pronounced once the disruptions in the Red Sea sub...

07 05 , 2024

Port Houston Sets New Record for Container Exports

The terminals at Port Houston witnessed a remarkable surge in container volume, boasting a 20% increase compared to the corresponding month in the preceding year, culminating in a total of 375,965 TE...

28 04 , 2024

Port of Oakland's Imports and Exports Grow

Port of Oakland's Container Volume Surges in February In February, container volume at the Port of Oakland surged, surpassing last year's recorded volume. Imports witnessed a substantial incre...

25 04 , 2024

South Carolina Ports: Handling Over 200,000 TEUs in February

In February, South Carolina Ports (SC Ports) handled 202,349 TEUs and 111,902 pier containers, showing a slight increase compared to the same month in 2023. Importantly, loaded import TEUs rose by ...

25 04 , 2024

Moderate Upward Trend Evident in Bunker Indices

During the fourteenth week of the year, a discernible ascent characterized the Marine Bunker Exchange (MABUX) global bunker indices. The 380 HSFO index witnessed an uptick of US$6.91, reaching US$553....

16 04 , 2024

Supply Chain Disruptions Force Vessels to Reroute to New York Port: Impact of Baltimore Bridge Collapse on Shipping Industry

In the early hours of March 26th, a cargo ship collided with the Francis Scott Key Bridge in Baltimore, Maryland, causing vehicles on the bridge to plunge into the river and leading to the suspension ...

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