Last month the Chinese-leased Darwin Port signed a "friendly cooperation" agreement with Shenzhen Port in Southern China to support a closer relationship and boost trade opportunities. This non-binding Memorandum of Understanding (MOU) aims to increase trade links between both strategic maritime gateways, boost trade opportunities and...
The Maritime & Port Authority of Singapore (MPA) has announced that night movements of line-towed container barges will be allowed to and from the Pasir Panjang Terminal. This initiative aims to enhance connectivity with regional ports, as well as improve port efficiency, reduce the time...
Vessel bunching caused by Typhoon Bebinca has seen operations disrupted at Shanghai and Ningbo ports, potentially impacting vessel schedules at destination ports. The strongest typhoon to hit Shanghai since 1949, the ships that moved away in anticipation of the storm will return over the coming days,...
Whilst vessel delays are lessening across key gateways such as Singapore, Ningbo, Qingdao and Klang in North and Southeast Asia, and equipment availability improves in China, it appears the converse is occurring across India. At Singapore there has been a slight improvement in wait times of...
Increasing wait times for berths at Singapore, as well as omitting the port in the face of a worsening logjam at Southeast Asia's leading gateway, has seen the Port of Singapore reach a critical level of congestion and mass delays. This cascading of disruption, caused by...
The collapse of the Middle East peace talks has seen China's container shipping futures rally, with interest up 15% from the previous week, potentially indicating shippers belief that rates will stay elevated. In addition, Linerlytica's latest report revealed that spot market rates have risen by almost...
Terminals across the globe appear to be operating in a timely manner, with only minor delays being experienced. North East Asia: Qingdao has a minimal one-day delay, whilst both Ningbo and Shanghai have a delay of one to 1.5 days. South East Asia: Singapore is...