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Maersk is joining with Hapag-Lloyd to form The Gemini Cooperation, in a move that will shake up the East-West container shipping market, with changes likely to last into the early 2030’s. Since announcing the breakup of its 2M Alliance with…
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Demand for sea freight has been spiking through the end of April and beginning of May and the availability of container equipment in Asia is increasingly tight, which is why we recommend booking as soon as possible to secure space.…
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Container port congestion at key Asian hubs continues to worsen, with berthing delays in China and Southeast Asia, and nearly half of all Asia-Europe westbound sailings failing to depart on time last week. Although the number of containers waiting at…
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The Panama Canal handles about 6% of global trade and more than 70% of the cargo that passes through it, is either heading to or departing from the United States, but recent reports of 123 ships waiting to transit the…
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Following a series of attacks on container ships off the coast of Yemen shipping lines are suspending passage through the Red Sea to the Suez Canal and diverting vessels around Africa, adding 10 days to transit times. The day after…
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The new year back in the office has started with the shock of the double-attack on the Maersk Hangzhou on Sunday, which came despite the formation of a coalition naval task force to patrol the southern Red Sea and Gulf…
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Global shipping schedule reliability dropped sharply in January due to the Red Sea impact, with just 51% of vessels arriving on time. Outside of the pandemic disruptions this is extremely low – pre-pandemic normality tended to be between 70-80%. Of…
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Sending a clear message of stability, after Hapag Lloyd’s defection, the four remaining carriers in the OCEAN Alliance have formally agreed the continuation of their alliance until at least 31st March 2032. Founded in 2017 under a 10-year deal, the…
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