WFH SG GROUP PTE LTD.
WFH SG GROUP PTE LTD.

Industry News

15 04 , 2024
Cargo Throughput Plummets in the Red Sea Amidst Vessel Assaults
During the initial seven weeks of 2024, cargo volumes to and from ports in the Gulf of Aden and the Red Sea witnessed a significant decline of 21% year-over-year. This downturn is attributed to a nota...
09 04 , 2024
Container Traders Foresee Escalating Disruptions and Soaring Prices Following Baltimore Bridge Catastrophe
In the wake of the Baltimore Bridge calamity, those entrenched in the intricacies of supply chain management foresee impending escalations in costs, as evidenced by a marked uptick in the anticipation...
08 04 , 2024
Container Carriers Confront a US$1.4 Trillion Decarbonization Expenditure
In its 2024 forecast, US consultancy AlixPartners has highlighted the substantial carbon footprint of container shipping, stating that the sector must allocate US$1.4 trillion towards achieving carb...
03 04 , 2024
Container Carriers Confront a $1.4 Trillion Decarbonization Challenge
In its 2024 report, US consultancy AlixPartners has highlighted the container shipping sector’s substantial carbon dioxide emissions, emphasizing the necessity for the liner industry to allocate US...
28 03 , 2024
Maersk Container Ship Causes Bridge Collapse, Resulting in Severe Damage and Loss of Life - Previously Visited Multiple Domestic Ports
Around 1:30 AM Eastern Time, the “DALI,” a large container ship chartered by Maersk, spiraled out of control shortly after departing from the Port of Baltimore, striking the Francis Scott Key Bridge...
25 03 , 2024
Significant Decline in Red Sea Cargo Volumes Amid Vessel Attacks
“In the initial septet of weeks of 2024, the volume of cargo traversing to and from the ports nestled along the Gulf of Aden and the Red Sea witnessed a 21% year-over-year diminution. The influx of v...
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