As backlogs at U.S. ports and climbing shipping rates plague the supply chain, new data shows shipping rates between the U.S and China are dropping by more than 50% in just a month. Data provided by ...
According to Mr. Baack, smaller vessels dominate the intra-regional trades, yet the fleet is aging, and the order book remains skewed towards larger ships. He highlighted favourable long-term demand ...
In an effort to ease congestion at the nation’s busiest port complex, officials said Monday that they will start fining shipping companies whose cargo containers linger for too long at marine ...
Karachi Customs Agents Association (KCAA) general secretary Sheikh Waqas Anjum on wEdnesday said that the recent container backlog at Karachi International Container Terminal (KICT), has now been ...
Danaos (NYSE:DAC) +0.5% in Tuesday's trading after saying it has added $304 million to its contracted revenue backlog through new charters for six containerships and two recently contracted ...