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Tariff Concerns Persist Amid Trans-Pacific Rate Slide
Trans-Pacific container rates have decreased as manufacturing and logistics operations in China wound down in anticipation of the Lunar New Year holiday, which began on January 29. In the week ending January 24, Asia-U.S. West...
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Global ocean volume in Q3 beat pandemic record: Blue Alpha Capital
Global container shipping hit a record in Q3 2024, moving 47 million TEUs which is 2% higher than the previous peak set during the pandemic period in 2021, according to John McCown of Blue Alpha...
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Will Container Shipping Face Overcapacity in 2025
Container shipping faces potential overcapacity according to market outlook assessments. S&P Global reported that carriers expect a 9% growth in capacity against a 3% rise in cargo volume in 2025. BIMCO’s forecast indicates capacity could...
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Containers lagged ocean shipping gains in 2023 UN report finds
Global maritime trade rose 2.4% in 2023 to 12.3 billion tons. According to the Review of Maritime Transport 2024 released by the United Nations Trade and Development (UNCTAD), shipping volumes are forecasted to grow 2%...
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Decarbonization Efforts Could Force Shift in Deep-sea Shipping
Tim Power, MD of Drewry Shipping Consultants, told delegates at the World Ports Conference in Hamburg that new regulations to decarbonize shipping could severely impact deep-sea shipping sectors. He cited a prediction by class society...
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The Caribbean Shipping Association (CSA) 54th AGM & Exhibition 2024
Representatives of RSD Shipping Agency Jamaica LTD were in attendance at the Caribbean Shipping Association (CSA) 54th Annual General Meeting, Conference & Exhibition held in St. Maarten, October 7-8, 2024.Included in our pics, are other...
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Fifth Anniversary Message
Valued clients, partners, and my esteemed team at RSD Shipping Agency. It is truly a great honour to celebrate this incredible milestone—our 5th anniversary. Five years ago, we set out with a vision to build...
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U.S. Port Strike Could Trigger Major Shipping Delays Worldwide
The potential strike by East and Gulf Coast port workers is already affecting U.S. trucking networks. To avoid delays, shippers are moving goods earlier, increasing demand on trucking and tightening capacity. If it lasts more...
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What Impact Will an ILA Strike Have on the Airfreight Market
U.S. Ports Preparing for Imminent StrikeSeveral ports along the U.S. East and Gulf coasts have announced contingency plans in response to a potential dockworker strike starting October 1, 2024. The International Longshoremen's Association (ILA) has...
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Industry Prepares for ILA Strike
Today marks two weeks till the likely first day of a crippling strike for containers and Ro-Ro traffic at U.S. East and Gulf Coast ports as the International Longshoremen’s Association has refused to resume negotiations...
