Latest News

16 March 2023

Uncleared/Abandoned Cargo: a Problematic New Trend

By Richard Kamppari Baker, Claims Director, World Insurance Services, Inc. During any economic downturn, cases for uncleared and/or abandoned cargo rise substantially. In the 2008 recession, cases of uncleared cargo rose...
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6 March 2023

Container Demand Uptick Seen in China

According to data from container logistics platform Container xChange, pickup charges from China to Europe Med for 40-ft-high cube boxes increased 9.7% from week 1 to week 5 in...
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3 February 2023

What’s in Store for the Shipping Industry in 2023?

Containership market outlook: The containership market experienced record-setting rates and profitability since Q3 of 2020, however, since early 2022, rates have been steadily falling.  Inflation led to decreased consumer demand,...
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