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U.S. container prices remain stable despite strikes, while volatility is increasing in regions like the Middle East and China, which are facing economic and geopolitical challenges. Average container prices are still higher than last year in China. Importers are expected to frontload cargo ahead of potential disruptions in 2025, driven by labor negotiations and the Chinese New Year, putting pressure […]
For years, voices emanating from the international shipping industry have talked about introducing measures to reduce their greenhouse gas (GHG) emissions. Regrettably, there was little progress prior to the summer 2023 revision of the unambitious 2018 ‘GHG Strategy’ of the International Maritime Organisation (IMO). However, it is nowhere near enough to be aligned with the urgent need to cap global […]
The 2024 report highlights how supply chain sustainability practices have evolved over the past five years, assessing their global implementation and implications for industries, professionals, and the environment. This year’s report is based on four years of comprehensive international surveys with responses from over 7,000 supply chain professionals representing more than 80 countries, coupled with insights from executive interviews. It […]
Malicious maritime cyber activity in the first half of 2024 has significantly increased compared to the previous year. The study observed a continued rise in common threats such as Command & Control (C&C) attacks, along with the evolution of botnet attacks, which are growing in both complexity and volume. The key takeaway from this analysis is clear: attackers are relentless […]
This report presents an annual overview of the global dredging industry’s performance as well as insights into its key performance indicators. This report allows stakeholders to assess the state of the dredging industry amid a backdrop of the performance of the industry’s essential drivers and operations. These drivers include: world trade, demographics and urban development, coastal protection, energy, and tourism. Source: […]
This month’s Ocean freight market update mentions the disruptions around the strike at the US East & Gulf Coast ports. While the strike has been called off after three days, it is expected that it will take 3-4 weeks to clean up and get vessels back on their rotation schedules. After reaching a plateau the WCI has started to decline […]
Automation, involving technologies like Automated Guided Vehicles (AGVs) and automated stacking cranes, is seen as a way to improve port efficiencies. However, studies show no clear evidence that automated terminals outperform traditional ones, with their effectiveness largely dependent on the number of AGVs used and the physical layout of the yard. Deploying AGVs does enhance operational efficiency, but the increased […]
The strike by port dockworkers at East and Gulf Coast ports has raised concerns about the economic impact should the strike last more than a few days. The International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance, Ltd., the employers representing ocean carriers and port terminal operators, have not been able to renew their six-year labor-management agreement that expired on […]
The study explores the current state of port adaptation and decarbonisation infrastructure in developing nations, with case studies from Brazil, India, Indonesia, Kenya and the Solomon Islands, and identified the investments needed to ensure a fair and equitable transition.
