
All about Global Supply Chains
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News
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Malaysia Restricts Vessel Movement Near Singapore and Bans Bunkering
Malaysia has imposed a vessel speed limit of 12 knots near the eastern approaches to the Straits of Malacca and Singapore, restricted anchoring and cargo transfers, and banned bunkering.

Windward: Q3 2026 One of the Most Dangerous Quarters for Global Shipping
Windward recorded 45 attacks on vessels in the Gulf during the third quarter compared to 25 in the second, with 93% occurring in the Strait of Hormuz, alongside a surge in fake-flagged vessels.

DP World Extends Port of Luanda Concession and Invests $90 Million
DP World has secured a 10-year extension to its concession for operating the multipurpose terminal at the Port of Luanda, extending it until 2051, and plans to inject an additional $90 million.

Supertanker Freight Rates Surge to Record $1.4 Million per Day
Assessed freight rates for supertankers from the Gulf to East Asia reached a record high of around $1.4 million per day, up nearly 540% compared to pre-war levels.

Gulf Merchants and Ministers Discuss Supply Chain Continuity in Manama
Ministers of Commerce and Industry in the Gulf states discussed supply chain continuity and trade flexibility with heads of chambers of commerce in Manama, without announcing any decisions.

Baltic Dry Index Drops 68 Points to 3,002
The Baltic Dry Index dropped 68 points to 3,002 points, its lowest level since late August, amid a sharp correction in Capesize vessel rates.

German Ports Wage Agreement Averts Strike, Covering 11,000 Workers
The ver.di union and the ZDS association reach an agreement to raise wages by 3.4% for around 11,000 workers across six German ports, averting an indefinite strike.

AD Ports Group Completes $835 Million Acquisition of Brazil's CLI
AD Ports Group completes an $835 million acquisition of Brazilian terminal operator CLI and plans agricultural export routes to the emirate.

Global Air Cargo Volume Drops 4% Weekly as Rates Rise 2%
Global chargeable air cargo volume drops 4% week-on-week with capacity remaining flat for the third consecutive week, while rates rise 2% during the week and 27% year-on-year.

Premier Alliance Returns Asia-North Europe Service to the Suez Canal
Premier Alliance is returning its Asia-North Europe service to the Suez Canal with an 8,100-TEU vessel, while COSCO executes its first westbound Suez transit in two years.

Transshipment Operations at the Port of Colombo Exceed 82% of Its Total Traffic
Transshipment operations exceeded 82% of total traffic at the Port of Colombo, with dwell times exceeding six days at several terminals as a result of traffic diversion from Middle Eastern hubs.

Port Congestion Ties Up About 12% of Global Container Capacity at Four-Year High
A report by C.H. Robinson estimated that about 12% of global container ship capacity is tied up due to port congestion, reaching its highest level in four years.

US-Bound Container Freight Rates Peak Post-Hormuz Crisis
Xeneta stated that spot freight rates from the Far East to US coasts reached a post-Hormuz crisis peak, rising approximately 335% above February levels.

German Port Workers Vote on Open-Ended Strike After Rejecting Wage Offer
Around 11,000 workers at the ports of Hamburg, Bremen, and others voted on authorizing open-ended strikes after rejecting the employers' offer, provided the rejection rate exceeds 75%.

Panama Canal Increases Allowed Draft and Adds Daily Transit
The Panama Canal has raised the maximum draft for Neopanamax vessels to 49 feet and added a tenth daily transit as of October 15, bringing total capacity to 33 vessels per day.

Drewry Container Freight Index Drops 1% to $4,434
The Drewry Composite Index dropped 1% to $4,434 per container in its October 1 assessment, marking its second weekly decline, while the Shanghai-Rotterdam route fell 2% to $3,399.

Baltic Dry Index Rises 0.3% to 3,148 Points
The Baltic Dry Index rose 0.3% to 3,148 points in its second consecutive session of gains, driven by Capesize vessels at 5,042 points, but ended the week down 8.1%.

Suez Canal Container Ship Transits Rise 59% Since March
Suez Canal container ship transits rose 59% between March and September, reaching 221 per month, as over 140 ships returned to the route.

Typhoon Dujuan Threatens Ports of Tokyo and Chiba, Casting Shadow over Japanese Auto and Electronics Exports
Typhoon Dujuan casts a shadow over the Greater Tokyo Area, threatening the ports of Tokyo and Chiba and posing a direct threat to Japanese automobile and electronics exports centered in this vital logistics region.

Shipping Lines Reportedly Adding 6 to 7% Transpacific Capacity Ahead of China's Golden Week
Major shipping companies are reportedly seeking to inject 6 to 7% additional capacity into Transpacific routes in preparation for anticipated demand ahead of China's Golden Week holiday, which marks the peak of the annual shipping season.

