Port & Shipping US East Coast port strike the next spanner in supply chainsBy Samshad SattarAugust 17, 2024 On 15 August the WCI was down 2% at $5,428 per teu compared to a week earlier. The index 48% below…
Port & Shipping Noatum expands into Egypt with Safina Shipping Services acquisitionBy Samshad SattarAugust 17, 2024 Noatum has taken a controlling stake in Safina BV through a deal expected to close in Q3 2024, and will…
Port & Shipping Shanghai port adds capacity with new automated terminalBy Samshad SattarAugust 8, 2024 The first phase of what is described as one most advanced automated container terminals in China adds a design capacity…
Port & Shipping Container freight rates has flattened offBy Saleh NomanJuly 13, 2024 The Drewry World Container Index (WCI,) which has been seeing double-digit percentage weekly increases recently, was up just 1% over…