Container xChange is attempting to automate manual processes around container tracking to optimise operations and cut costs.

DP World announced it has started construction of a 119,000 sq ft warehouse at its London Gateway Logistics Park before securing a tenant.

Disruption to the UK supply chain is inevitable as a strike gets underway at the Port of Liverpool and workers prepare similar action at the Port of Felixstowe.

Eastern Pacific Shipping (EPS) has ordered four LNG-powered containerships for long term charter to US owner and operator Crowley.

Tolls for vessels using the Suez Canal are set to rise by 15% next year with the exception of dry cargo and cruise ships which will increase by 10%.

Looming economic uncertainty and the fallout from the war in Ukraine could upset buoyant conditions in container and tanker trades, cautions former International Chamber of Shipping (ICS) chairman Esben Poulsson.

Concordia Maritime has agreed to sell three of its product tankers which it previously explored converting to carry containers.

Average wait times for containers at Felixstowe have recovered to pre-strike levels ahead of further upcoming industrial action at the port.

Container spot rates have continued to plunge over the last week with the Shanghai Containerized Freight Index (SCFI) losing another 9.74%.

Reefer rates during the sector’s last peak season hit all-time records as a result of supply chain disruption and equipment imbalances.