In recent weeks, the Red Sea has become a hotspot of geopolitical tension, impacting global trade and creating challenges for shipping companies. The increased attacks by Houthi rebels, particularly on the “Al Jasrah” Hapag-Lloyd vessel, have sent shockwaves through the shipping industry. As businesses grapple with the implications of these disruptions, the importance of real-time visibility in supply chain management has never been more apparent.
With Visiwise (formerly Shipup) , we help businesses to spend less time, feel less stress, have better visibility and control, optimize costs, and become well coordinated and work easier. It provides real-time visibility and enables a streamlined supply chain by connecting and coordinating everyone, simplifying their collaboration, and making their job easier.
In a significant triumph, Jeddah Islamic Port – a constituent of The Saudi Ports Authority (Mawani) – has clinched the prestigious “Port of The Year” and “Digital Transformation” awards at the 7th Green Shipping Summit held in Rotterdam, The Netherlands. The port emerged victorious against tough competition, including renowned ports like Hamburg and Rotterdam.
Kenya Ports Authority (KPA) has made a significant move towards modernizing its cargo handling services by digitalizing its processes. This shift is in line with the Kenyan government’s objective of achieving paperless operations
Tragedy struck the Port of Los Angeles when a dock worker lost his life after falling approximately 15 meters from a container ship’s superstructure onto the deck below. Emergency responders from the Los Angeles Fire Department quickly arrived on the scene but were unable to resuscitate the man.
Two seafarers have been reported dead and nine remain missing after the general cargo ship Jin Tian sank off the coast of Japan on January 25.
The ship, which had a carrying capacity of 9,784 tonnes DWT, sank in the East China Sea, approximately 75 nautical miles south of Jeju Island, South Korea.
Shipping costs have fallen dramatically in the past year, with some routes approaching pre-pandemic levels. Freightos’ data reveals that the Freightos Baltic Index (FBX) – a benchmark for global freight rates – has dropped by 80% since late 2021, signalling the end of a two-year boom period for shippers.
Maersk, one of the world’s leading shipping companies, has announced its plans to integrate its brands, Sealand and Hamburg Süd, under the Maersk name
The Canadian Coast Guard has reported an oil spill from the container ship, Europe, owned by the Greek company, Danaos Corporation
Chinese export container rates have seen an unusual drop, according to Niels Rasmussen, chief shipping analyst at BIMCO