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Limited Vessel Space Leads to Growing Rates

Limited Vessel Space Leads to Growing Rates

With so many unforeseen incidents stalling global trade, ongoing delays have sharply reduced the system’s effective capacity and put upward pressure on shipping rates that began reaching record highs months ago. Unfortunately, carriers have no extra ships to meet a...
Ever Given Finally Sets Sail From Egypt

Ever Given Finally Sets Sail From Egypt

Thanks to the signing of a settlement deal between the Suez Canal Authority and vessel owners Shoei Kisen Kaisha Ltd., the Ever Given will be seen off on Wednesday in a ceremony attended by dignitaries, diplomats and company officials from around the world. Neither...
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