Ship Backup at Southern California Ports Is Receding

The lengthy backup of container ships waiting to unload in Southern California is shrinking, the first sign in three months of an easing of U.S. supply-chain congestion at the nation’s busiest container port complex....

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All-inclusive rates remain largely stable, but could see upside in March

All-inclusive rates during the week ending Feb. 11 on the North Asia-to-North America lane were largely flat against last week’s indications as post-Lunar New Year demand began to pick up and market participants eye potential increases in late February and March....

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Tonnage crunch continues, pushing carriers to suspend more services

Ad-hoc carriers prepared to pay colossal daily rates for three-month hire of panamax containerships have disrupted the charter market, obliging liner companies to raid services for tonnage to start new loops....

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First direct container ship leaves Ctg port for Italy

The first direct container vessel flagged off from Chittagong port for Italy today....

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Year of continually rising freight rates comes to an end

Long-term contracted ocean freight rates have fallen for the past two months, according to a leading industry index, suggesting a cooling in the heated market for container ships....

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Leather, footwear industry sets export target of US$25 billion

Vietnam s export of leather, footwear and bags this year will likely increase 10-15 per cent year-on-year to about US$23-25 billion, the Viet Nam Leather, Footwear and Handbag Association (Lefaso) has forecast....

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Indian largest container ship APL Raffles berthed in Gujarat Mundra port

APL Raffles is one of the largest vessels in the fleet of French container transportation and shipping company CMA CGM. Built in 2013, this 176727 DWT, 17292 TEUs capacity vessel is 397.88 meter long and 51 meter wide. This is almost equivalent to four football fields....

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Container Rates Continue to Fluctuate While Charters Move Higher

Container shipping rates continue to be highly volatile as the industry moves towards a traditionally slower period during the Lunar New Year celebrations and a traditional easing of volumes in the subsequent months before it increases as the industry moves toward summer. While there have been signs in recent weeks of ...

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Cargo surge pushes Port of Savannah to 5.6M container record

SAVANNAH, Ga. (AP) — The Port of Savannah saw a whopping 20% increase in shipping containers moving across its docks in 2021 as U.S. seaports scrambled to keep up with a surge in cargo that crammed container yards and forced ships to line up and wait at sea....

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New York nudges biggest US container port title as west coast imports flatline

Having already outstripped Long Beach as a bigger US import container hub, the port of New York & New Jersey is close to usurping Los Angeles at the top of the rankings....

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