The invasion of Ukraine by Russian troops has led to multiple fast-changing developments in global ocean supply chains that are still reeling from the ongoing pandemic. Stakeholders are bracing for the potential impacts of this conflict on shipments, freight rates, and additional logistics capacity constraints.
The Port of Santos in the state of São Paulo, Brazil has been experiencing an increase in the number of vessels waiting to berth at its port. As of Thursday (24th February 2022), there were 88 vessels anchored awaiting berthing (See Port Insight image below)
Since December 15, 2023, a series of attacks by Houthi rebels in Yemen have targeted multiple container vessels in the Red Sea. Here is the most recent update as of December 29th on the ongoing situation around the Red Sea.
In the ever-evolving landscape of global logistics, the optimization of operations hinges significantly on the sophisticated orchestration of Application Programming Interface (API) Integration. Within SeaVantage, our unwavering commitment to operational excellence is centered on leveraging the inherent transformative capabilities of seamless API integration.
When it comes to managing complex supply chains, you've probably heard the old saying, "You can't manage what you can't see." In today's ever-changing world, this wisdom holds truer than ever. From geopolitical tensions to climate change, and congested ports, knowing what's happening and where is the key to effective management and communication with stakeholders.
2022 was another tumultuous year for the ocean shipping industry. The combination of numerous disruptions ranging from geopolitical conflicts, Covid-19 lockdowns, industrial labor strikes, inflationary pressures, and extreme weather events gravely impacted ports worldwide and global supply chains.
The Ukraine crisis and the COVID-19 pandemic impacted global supply chains significantly in 2022, highlighting the importance of being prepared for unexpected disruptions and the need for agility and flexibility in managing these challenges. The Russia/Ukraine war disrupted trade and transportation routes, resulting in delays and increased costs for businesses that rely on imports and exports between the two countries. The ports of Mariupol and Odesa, key transit points for goods in Ukraine were disrupted and had to shut down by the conflict.
Despite the fact that almost everyone has a GPS tracking device in their pocket, tracking the location and status of vessels and containers continue to be one of the top challenges facing freight forwarders in the shipping industry.
Ocean freight visibility allows shippers to monitor the real-time status and location of their container shipments along the long ocean journey. Visibility providers generally use multiple forms of maritime and supply chain data to deliver real-time insights on the location of vessels and containers. Other sophisticated visibility platforms like SeaVantage provide advanced visibility into shipments such as the predicted ETAs of containers, a granular view of what happens in and around global ports and terminals, and more.
Over the past few years, real-time shipping visibility has become increasingly important. The ocean moves around 90% of global trade however visibility in this sector, compared to over-the-road shipments, is more complex and usually filled with multiple unknown blind spots. Unexpected delays for over-the-road shipments via trucks usually add just a day or two to the overall transit time.
With the world ticking closer and closer to the holidays, a massive influx of orders and proceeding shipments are inevitable. Thanksgiving, Halloween, and of course Christmas means that millions of packages will be passing through your gates and into countries all over the world.
Across Europe, workers at various sea ports have been on a continuous strike. What does this mean for ocean shippers? What about the workers themselves? This article covers the recent strikes across European ports, as well as the port congestion issues that have resulted from these global developments.
Gaining access to accurate ocean freight visibility has never been more crucial than it is today. News about China's Covid lockdowns led to multiple speculations and trending reports about tremendous congestion in Shanghai and other Asian ports. However, visibility data from SeaVantage Maritime Platform revealed a different picture of the situation of China’s ports. The extended lockdown in Shanghai resulted in some congestion in the port of Shanghai however not as severe as other trending images revealed. What actually happened?
China's rising covid cases and lockdowns due to the omicron variant have been increasing the number of vessels waiting outside the country's ports. Initial lockdowns were placed on Shanghai, the country's largest city, from March 28 to April 5.
Why Sanctions on Russia?The United States along with the G7 and the EU announced additional economic sanctions against Russia on April 6th for its brutality in Ukraine, particularly in Bucha.
China is implementing a two-phase lockdown in Shanghai, the country's most populous city and financial capital with a population of about 26 million people.The citywide two-phase lockdown testing will be conducted in two rounds. Tests will be conducted on the eastern side of the city from March 28 to April 1, and on the western side of the city from April 1 to April 5. This phased locked down means that half of the city will remain functioning at a time.
The invasion of Ukraine by Russian troops has led to multiple fast-changing developments in global ocean supply chains that are still reeling from the ongoing pandemic. Stakeholders are bracing for the potential impacts of this conflict on shipments, freight rates, and additional logistics capacity constraints.
The Port of Santos in the state of São Paulo, Brazil has been experiencing an increase in the number of vessels waiting to berth at its port. As of Thursday (24th February 2022), there were 88 vessels anchored awaiting berthing (See Port Insight image below)
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