Wednesday, November 29, 2023
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Market Insights

Guess who’s back, back again – Its the port congestion surcharge !!!!!!

Ports & Terminals
Port Congestion was a sore point for many customers globally during COVID-19 with many ports around the world being affected. The South African market has not been an exemption to this Port Congestion. It has been...

Survey on digitalization trends in ocean shipping documentation

Documentation
The shipping industry is at the forefront of change with digitalization efforts to enhance operational efficiency and reduce operational hurdles gaining momentum both on the documentation side and operationally.. The complexities of international shipping have long been...

Commissioner Bentzel to release final recommendations relating to MTDI soon

News
Amid the COVID-19 pandemic, the shortcomings and obstacles in worldwide maritime supply chains were starkly exposed. These inadequacies led to trillions of dollars in...

See-Saw effect in ocean freight rates affecting supply and demand equilibrium

Freight Rates
Spot container freight rates for shipments from China to Los Angeles and New York showed a significant decline of 87% and 81% respectively on...

Cultural connections may be driving FCL volumes and trade globally – new insights

Market Insights
A rise in expat population settling in almost all parts of the world is seen as a growing segment driving global C2C (Customer to...

A new low in US container freight rates set to ease inflation

Freight Rates
Spot freight rates drop to lowest levels since April 2021 China/US West Coast rates down 72% Y-O-Y China/US East Coast rates down 54%...

Peak season brings fears of congestion on the East Coast

Market Insights
Ports across the US East Coast are now in the eye of the storm, with import containerized volumes processed in the region mounting higher...

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