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The security of container shipping via the Red Sea for the Suez Canal faces renewed uncertainty after Houthi militants issued a warning that attacks on vessels could resume within days. The ultimatum, delivered in a televised address on 8 March,…
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The reopening of the Red Sea route following a fragile ceasefire agreement in Gaza offers renewed hope for a return to the Suez Canal routing, but it also raises significant operational and capacity challenges. Houthi assurances to limit attacks on…
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The looming threat of a disruptive port strike across 40 U.S. East and Gulf Coast ports has been lifted after the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) announced a provisional six-year master contract agreement on…
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European ports, including key UK hubs, are experiencing significant congestion, driven by delays at major Asian ports and a surge in vessel arrivals ahead of the pre-Lunar New Year rush. This disruption, coupled with ongoing capacity challenges and high yard…
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Celebrated from 29th January to 4th February in 2025, CNY or Lunar New Year is a time of joy and tradition for millions. For global supply chains, however, it signals weeks of disruptions as factories shut down, ports operate at…
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The global ocean freight market is facing significant adjustments as carriers announce widespread blank sailings from Asia to Europe and North America. Over the next five weeks, 48 cancellations have been confirmed, impacting schedules on Transpacific, Transatlantic, and Asia-North Europe…
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The potential strike by the International Longshoremen’s Association (ILA) is poised to cause significant disruption to US supply chains, particularly across East and Gulf Coast ports. With negotiations between the ILA and the United States Maritime Alliance (USMX) deadlocked, there…
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As we enter the second half of 2024, the sea freight industry faces significant uncertainties, particularly around supply. Diversions around the Red Sea and ongoing port congestion have absorbed any excess capacity that existed at the end of 2023. Since…
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