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CONTAINER LOGJAM
India may cheer an Iran deal, but peace in Hormuz won’t refill its emptying economic tankThe economic horizon of India is clouded by a dual predicament characterized by a lack of financial resources and innovative ideas. While r...- Singapore’s port congestion is showing signs of abatingPort congestion in Singapore shows signs of easing: container ship arrivals reached a yearly low, vessel arrivals dropped 10% to 241 millio...
- Singapore container ship logjam spills over to Malaysian portThe maritime logjam is being caused by ships avoiding the Suez Canal and Red Sea due to attacks by Houthi rebels, who support Hamas in the ...
- Singapore port logjam lingers as container ships keep piling inThe logjam at Singapore's container port, accelerated by Red Sea attacks and Houthi rebels targeting vessels, is causing an early peak seas...
- 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...
- Imports to largest US port drop, hinting at weaker demandInbound loaded containers to the Port of Los Angeles fell 17% -- the largest decline since May 2020 -- to about 404,000 units in August fro...
- Maersk sees no let up in surging cost of shipping goodsMaersk is viewed as a bellwether for global trade as it transports goods for retailers and consumer companies from Walmart and Nike to Unil...
- 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...
- US’s Port of Long Beach moves record cargo despite logjamsUS supply chains have strained under unprecedented demand, worker and truck-chassis shortages and a shift to buying more material goods as ...
- 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...
- 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...
- Shipping containers get foldable design seen as cure for logjamsDespite sparking hope among carriers and shippers, higher upfront costs and hesitancy to turn to a new business model have kept foldable co...
- 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...
- This port logjam has enough containers to cross half the USOutside the neighboring ports of Los Angeles and Long Beach, California, the queue as of late Thursday had lengthened by 10 vessels over th...
- Maersk rides freight wave with further 2021 outlook riseThe coronavirus pandemic has prompted shortages of container ships and logjams at ports at a time of high consumer spending, sending the co...
- 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.
- Buy Concor, target price Rs 360: ICICI DirectNear and medium term headwinds include slowdown in EXIM trade (FY 21E/FY 22E volume estimates lowered by 6 per cent ) and higher competitio...
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