Month: March 2025

Articles

Freight Forwarders Face Delays, Compliance Hurdles with ICS2 Enforcement: CLECLAT

The EU’s advanced cargo information system, Import Control System 2 (ICS2), aims to improve security in the international transportation of goods and the supply chain. However, the system is posing  “significant challenges” for freight forwarders as the EU bloc enforces stricter customs regulations, according to Nicolette van der Jagt, director general of  CLECAT, the European

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Articles

ZEMBA Calls for Stronger Action on Clean Fuels from IMO

The Zero Emission Maritime Buyers Alliance (ZEMBA), representing 40 global freight buyers, is calling on the International Maritime Organization (IMO) to approve “a clear, comprehensive, globally consistent set of measures” at its upcoming meeting. These measures aim to accelerate the transition to clean energy in the shipping industry. The 83rd Marine Environment Protection Committee (MPEC)

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Articles

Global Shipping Reliability Reaches 54.9% in February

In February 2025, global schedule reliability rose to 54.9%, up 3.6 percentage points month-over-month and 1.8 points year-over-year. Maersk led the top 13 carriers with a reliability rate of 60.2%, followed by MSC at 57.4%, and Hapag-Lloyd at 57.3%. Two new carrier alliances, Gemini Cooperation and Premier Alliance, were launched in February, while the 2M

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Articles

Rise in Container Losses Due to Longer Voyages Around Africa

According to TMC Marine, a subsidiary of Bureau Veritas and international marine consultancy, avoiding the Red Sea has led to a significant rise in container losses. TMC’s Group CEO, Simon Burthem, reported that three major incidents off South Africa between July and August 2024 resulted in 200 containers being lost overboard. Extreme weather has been

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Articles

Smaller U.S. Ports Face Bigger Headwinds with Proposed Port Fees

During a seminar held in Singapore hosted by the Association of Maritime International Commercial Interests & Expertise (AMICIE), panelists discussed the challenges of navigating geopolitical risks in international trade and shipping.  SeaLead Singapore’s Chief Operations Officer, Chow Kitwei, was asked about the potential impact of the United States Trade Representative’s (USTR) proposal to levy tariffs

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Articles

Seven Asian Carriers Launch Asia-Mexico Service

Seven regional carriers based in Asia have teamed up to introduce a new weekly express service between Asia and Mexico, adding at least 15,000 TEUs of capacity to the growing trade. In the first nine months of 2024, trade volumes between the two regions soared by 18.9% year-over-year. The first starts on April 30 from

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Press

Shipco Transport Celebrates 5 Years of Business in Trinidad and Tobago

[Port of Spain, Trinidad and Tobago] – Shipco Transport, one of the world’s leading neutral NVOCCs, is celebrating five years of operations in Trinidad and Tobago. The branch office has established a strong local presence through delivering customer-centric freight solutions, leveraging the organization’s robust global network, and applying deep industry expertise alongside comprehensive local market knowledge.

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Articles

U.S. Shipping Regulator Investigates Global Maritime Chokepoints

The U.S. Federal Maritime Commission (FMC) is investigating global shipping chokepoints, examining whether foreign laws, regulations, or practices are disrupting U.S. trade. The international shipping lanes under review are the English Channel, the Malacca Strait, the Northern Sea Passage, the Singapore Strait, the Panama Canal, the Strait of Gibraltar, and the Suez Canal. The FMC

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Articles

Air Cargo Rates Holds Steady, Demand up 2% Year-over-year

Airfreight demand and rates have stabilized after recent volatility caused by the Lunar New Year and tariff concerns. According to data from analyst WorldACD, global air cargo demand has remained unchanged week-over-week but is up 2% compared to the previous year. In early March, the average worldwide airfreight rates for both spot and contract shipments

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