A sluggish last two years has been left behind according to consultancy MSI in its monthly liner shipping report for April, but the devil is in the detail as figures for early 2024 skewed by sluggish year-on-year comparisons.
Iranian Foreign Minister Hossein Amirabdollahian says it considers the crew of the Portuguese-flagged vessel MSC Aries held since 13 April a “humanitarian issue”.
Freight rate indices are sending mixed messages but most of the latest indicators show a steady decline in rates as lines and shippers negotiate annual contracts on the transpacific.
Nearly a month after the collapse of the Key Bridge in Baltimore city, lawyers have fired back at Dali owners Grace Ocean and Synergy Marine, filing a lawsuit that claims the companies were negligent.