Ports around the world have been complaining for almost a year about the buildup of empty containers contributing to backlogs and supply chain disruptions. Recently, ports and regulators have looked at new measures to move piles of an empty containers. But Sea-Intelligence revisited its analysis of supply chain normalization and the potential impact on empty…
Facts in the first two months (January-February) indicate that the shipping business will pass this year with many uncertainties, forcing shippers/cargo owners to sign long-standing contracts under high freight rates to secure their supply chain. But, container carriers will predictably enjoy another year with a profit record as they benefit from a higher (spot) freight…
Container shipping has been playing key role in global trade for more than seven decades, since 1950s. But, amid the pandemic it faced many challenges, calls for break bulk to play wider role in the trade activities. The break bulk sector has a long history closely connected to trade. It took until the 20th century…
