• Carrier port schedule reliability hits new lows The record low levels of carrier schedule reliability experienced last year continued into the first two months of 2019. According to SeaIntelligence Maritime Analysis, the January-February average on-time performance on the transpacific trade sunk to 38.6% on the US West Coast (USWC), and just 31.5% on the US East Coast (USEC). “For the USEC, this […] Fwd News 0 Comments 3 months ago
  • Bunker price rises add to carrier stress Shipping lines have been hit with an increase of US$1.5 billion in bunker costs between April and September this year, as fuel prices soared by 76 percent, according to research carried out by SeaIntel, a UK-based maritime research company. Carriers already reeling from low freight rates and soft demand on most trade lanes are now […] Fwd News 0 Comments November 2, 2016