Dear Valued Customer,The ongoing drought issue starting in early 2023 at the Panama Canal has yet to be resolved. The number of vessels allowed to pass through the canal has been increased back up to 32 vessels/day; still less than the previous 50-60 vessels/day back in 2022. With the ex...
Based on the projected level of Gatun Lake and present historically low water level in Panama, the Panama Canal Authority has imposed strict restrictions on draft and the number of vessels crossing the canal. Despite several action taken by the Panama Canal Authority over the last few months, lack o...
Attacks by Yemen's Iran-aligned Houthi militants on ships in the Red Sea are disrupting maritime trade and global shipping carriers start to reroute their vessels via the Cape of Good Hope to avoid the Suez Canal.Below are carriers that are considering or have decided to pause shipping via the Red S...
Because of the escalation in missile and drone attacks by Houthi rebels on merchant shipping on passage to and from the Suez Canal, some global shipping companies have halted journeys through the Red Sea b. Maersk, Hapag-Loyd, MSC and CMA CGM have stopped transiting the Suez Canal after last Friday'...
Dear Valued Customer,The challenges at the Panama Canal continue as the drought caused by the El Nino has not changed over the past few months. Hence, the number of vessels opting to reroute to the Suez Canal has gradually increased to avoid delay. THE Alliance has rerouted th...
Dear Valued Customer,The Panama Canal Authority (ACP) announced another set of restrictions to reduce transitcapacity because of the continued low water level at Gatún Lake. We would like to provide abrief update on the new regulation and current drought situation.Starting from Nov.3, the number of ...
Dear Valued Customer, We would like to provide you with an update on the current drought situation at Panama Canal. Due to the El Nino effect the canal has faced serious drought since earlier this year.Effective October 1st, new regulations further restrict the daily vessels allowed through the...
Dear Customer,We wish to provide some market and outlook for the remainder of 2023 and detail as follows.As we all know the situation is subject to change depending upon anything which could affect shipping and the supply chain. As we all know one of the most visible signs of disruption was during t...
Dear Valued Customer,We would like to provide you with an update on the current situation regarding the ongoing strike by the International Longshore and Warehouse Union (ILWU) Canada, and its potential impact on the transportation of goods.As a result of the strike, Trans-Pacific carriers have deci...
Dear Customer, We would like to inform you that in a recent vote held from June 9th-10th, 99.24% of ILWU Canada voted to support a strike at US west coast ports. After union members voted overwhelmingly, ILWU Canada has issued a notice on June 28 to strike at West Coast ports in Canada, effecti...
Dear Customer,Finally comes a clear picture for the global supply chain right after a tentative agreement being reached by ILWU and PMA. Swept all the concerns away, the tentative agreement is for a new six-year contract which covers the dockworkers at all 29 ports on the US West Coast and is subjec...
Dear Customer,Due to the failed consensus between PMA and ILWU, the dockworker absences since last Friday forced several terminals at West Coast to halt operations and impacted cargo flows at other facilities. Except for LA/LB, the operations at the Port of Seattle have been significantly impac...
Dear Customer,We would like to inform you that due to failed negotiations with port management, and “no show” of the union workers causing insufficient labor for terminal operations. Therefore, Port of Oakland, Los Angeles, Long beach have been temporarily shut down as of Friday 6/02.USPTI will clos...
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Dear Customer,We would like to inform you, that due to the lower-than-usual water levels in the Gatun Lake are causing severe draft restrictions on vessels transiting the Panama Canal. Therefore, carriers are now putting strict weight limitation for cargos via Panama Canal.YML: Request to control th...
Dear Customers,Please refer to the latest announcement published as below by Canal de Panama. As you can see from the chart below, the current average waiting time at Panama Canal is around 20 days. Also, please be informed current total volume is still much more than pre-pandemic (2019) even i...
Dear Customers,China government is still under a strict policy of zero-covid. Few months right after the lockdown lifted at Shanghai, Beilun, core of Ningbo Port in East China's Zhejiang Province, has tightened epidemic control measures once again after new COVID-19 cases were reported, which posed ...
Dear Valued Customers,As of September 14, 2022, a tentative agreement has been reached with 10 out of the 12 unions. Based on the feedback from the railroads, now they are still trying to negotiate with the unions to avert the strike. Most Railroads prohibit DG and Reefer as first ste...
Dear Valued Customer,Just as retailers are starting to gear up for the holiday season, there are warnings of a possible nationwide shipping logjam. Shipments start to pile up at the terminal plus the shortage of the rail cars, workers, and the delay pick up of the importer, which forces the U.S. sup...
Dear Valued Customer, This is to inform you that some carriers are announcing the notice that liners and terminals will suspend, but not waive, the collection of demurrage due on import containers. Line release and ability to pick up containers will not be affected if demurrage is not satisfied...
