New Suez Toll Hike Significant for U.S. Importers
There are many world events affecting current and upcoming ocean freight rates. Sanctions on Russia with its aggression on Ukraine obviously affects cargo movement to and from that region, and [...]
In carriers, container shipping, Container Shipping & Transport, International Shipping, ocean freight, shippers
Posted Ever Given Free, Let the Fallout Begin
She's afloat once again. The Ever Given, which was stuck sideways in the Suez Canal, has been freed. While one of the companies hired to get the ship free said it could take weeks, in actuality, [...]
In container shipping, Container Shipping & Transport, freight rates, International Shipping, ocean freight, port congestion
Posted Aground Megaship Could Block Suez Canal for Weeks
You thought port congestion at U.S. ports – the Ports of Los Angeles and Long Beach especially – is bad. You're right. But at least it's possible for ships to get in and out of the ports (it just [...]
In container shipping, Container Shipping & Transport, International Shipping, Panama Canal, Panama Canal Expansion,
Posted Panama Canal Makes Comeback on Suez Canal
“Don’t call it a comeback; I been here for years.” I can just hear the Panama Canal saying those LL Cool J words as it regains market share from the Suez Canal on Asia to U.S. [...]
