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US SHIP LOGJAM
Iran will 'never' give up Strait of Hormuz control, says MP Ebrahim AziziIran has asserted permanent control over the strategic Strait of Hormuz, citing national sovereignty. A senior lawmaker told Press TV that ...- Higher input costs likely to erode chemical companies' profitsRising US-Iran tensions are impacting Indian chemical makers. Higher crude oil prices are increasing input costs for essential materials li...
- Singapore port container logjam worsens as ships avoid Red SeaSingapore's port faces congestion due to vessel diversions to avoid Red Sea attacks by Houthi rebels, impacting global supply chains and ca...
- Take maritime shipping off the inflation warning listThese latest disruptions are forcing ships to take alternative, longer routes. But once the ships arrive at their destinations, they are be...
- One ship in Panama Canal paid $2.4 million to skip the lineIn the Panama Canal, drought has caused less water to fill the waterway's locks which has resulted in a queue of ships waiting to pass thro...
- LA ports prepare to manage ship traffic as labour disrupts cargoUS West Coast ports are enduring the longest labor strife since 2015 as talks between port employers and dockworkers approach a full year w...
- Asia’s shortage of empty containers may worsen on Rotterdam jamHigh congestion levels at Rotterdam prompted shipping line AP Moller-Maersk A/S to inform customers last week it would be relocating unclai...
- Panama canal vessel queue reflects shipping bottlenecksThe canal saw record amounts of cargo pass through its locks in its most recent fiscal year as an easing of trade restrictions between Chin...
- Major shipping firm sees signs of supply chain bottlenecks easingAs for China’s strict lockdowns in Shanghai and other cities to battle Covid-19 outbreaks, he sees the global impact as a “short-term pheno...
- East Coast container ship queue overshadows West Coast logjamMany of America’s biggest seaports have been overwhelmed by a combination of strong demand for foreign-made products, shortages of truckers...
- Shipping company Maersk sees record profit as demand surgesIn the last three months, revenue soared to $18.5 billion from $11.3 billion in the same period the previous year. Profits in the fourth qu...
- Shipping group Maersk expects cargo delays to persistAccording to Maersk the biggest waiting times for container vessels were at Long Beach port in Los Angeles where the waiting time is betwee...
- U.S. ship logjam stretching far into pacific is longer than everThe average wait for ships was 20.8 days as of Friday, almost a week longer than a month ago, according to the L.A.’s Wabtec Port Optimizer.
- Containers waited a record 7.6 days at LA ports in OctoberTo clear the logjams, the ports and White House on Oct. 25 announced a plan to charge carriers $100 per day for each container sitting on t...
- Container logjam eases as LA Port threatens penaltiesLogjams at some of the nation’s key ports have compounded supply-chain bottlenecks that -- when coupled with higher labor and transport cos...
- Xmas orders are pouring in but Indian exporters can’t find a shipIndian exporters had high hopes from this year’s Christmas season. But global supply chain disruption has crippled the logistics and shippi...
- Ships keep coming, pushing U.S. port logjam and waits to recordsStrained supply chains have become an economic drag on the world’s largest economy and a political risk for President Joe Biden.
- Supply chain chaos set to extend further, port operator ICTSI saysMajor bottlenecks have formed across the globe in recent months due to a surge in demand for retail goods from people stuck at home under p...
- Port gridlock stretches supply lines thin in blow for economiesAs the Big Crunch of 2021 has repeatedly demonstrated, a bottleneck in one corner of the globe eventually exacerbates a logjam or compounds...
- The world’s other major shipping pileup is still clogging tradeA total of 26 container ships were anchored waiting to offload at the twin ports of Los Angeles and Long Beach, California, as of Sunday.
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