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Decarbonization Efforts Could Force Shift in Deep-sea Shipping [Expert Viewpoint] Decarbonization Efforts Could Force Shift in Deep-sea Shipping [featuring Expert Viewpoint] Decarbonization Efforts Could Force Shift in Deep-sea Shipping [featuring Expert Viewpoint] Tim Power, MD of Drewry Shipping Consultants, told delegates at the World Ports Conference in Hamburg that new regulations to decarbonize shipping could

The three-day strike at U.S. East and Gulf Coast ports will worsen existing European port congestion and greatly reduce Trans-Atlantic shipping capacity in October, Sea-Intelligence predicts. The analyst reports there were prior expectations for capacity on Mediterranean and North European routes to drop by -10% to -14% by the end of October. Now, the strike’s

Experts at the Journal of Commerce’s Inland Distribution Conference 2024 (Inland24) shared that the U.S. economy is expected to decelerate in 2025, with surface freight markets remaining soft. Paul Bingham, director of global intelligence and analytics for S&P Global Market Intelligence, said that strong consumer spending would not continue if unemployment and consumer debt continue

In preparation for a possible dockworkers’ strike on October 1, several major ports along the U.S. East and Gulf are implementing contingency plans, extending terminal hours and setting deadlines for operations. The Port of Virginia has announced its shutdown schedule for cargo operations on September 30. The last inbound train delivery is scheduled for 8am.

The fallout from a potential strike on the U.S. East and Gulf coasts will be considerable, and the consequences of the disruption will be felt into 2025. Peter Sand, chief analyst at Xeneta, warned ships en route to the ports could be stuck at U.S. East and Gulf Coast anchorages. He pointed out that many