Windward Port Insights – December 2022 Private link

Port Congestion Across the Globe Read the Full Analysis Book a Demo to Optimize Ocean Freight with AI Insights

Port Congestion Across the Globe Read the Full Analysis Book a Demo to Optimize Ocean Freight with AI Insights

Tragedy struck when a massive container ship, a Singaporean-flagged container vessel named Dali, lost power and demolished a Baltimore bridge. Six people are presumed dead in the accident.  The accident has fueled major supply chain concerns, especially in the wake of the Panama Canal drought and ongoing Red Sea disruptions: the bridge spanned the entrance...

“Global supply chains are entering 2024 roiled by disruptions at two of the world’s crucial trade corridors – the Panama Canal and the Suez Canal – even as geopolitical tensions appear set to take a more prominent role in sourcing and distribution. That could potentially force countries and companies to redraw trade maps that have...

Struggling with a regional drought, the Panama Canal limited the number of new reserved passage slots to help ease a bottleneck of ships back in August, according to Reuters. Panama maintained a restriction of the total number of vessels allowed to pass to 32 per day, from 36 daily in normal conditions.  In December, the...