According to 12-month data published by Sea-Intelligence in its Global Liner Performance Report from Jan/Feb to Nov/Dec 2024, Swire Shipping averaged over 70% reliability (as measured by On-Time Performance) on the Asia-Oceania and Oceania-Asia trades and over 80% reliability on the Asia-NAWC trade lane. “Swire Shipping has been trading into the South Pacific for over 80 years, and we recently expanded…
The U.S. Court of Appeals for the D.C. Circuit has upheld a Federal Maritime Commission (FMC) rule defining when ocean carriers unlawfully refuse to negotiate or provide vessel space, rejecting a challenge from the World Shipping Council (WSC)…
Potential USTR port fees of c.$1 mil per voyage for non-US built car carriers entering the US targeting c.95% of the global fleet from mid-October, combined with this week’s signals from Washington suggesting a sooner-than-expected reopening of the Red Sea…