The MSC Silvana VIII has sunk deeper off Zhoushan after refloating attempts failed. Asia-US container rates rose, while intra-Asia rates slightly increased.
Splash247, Hellenic Shipping News via Marine Insight 360 · Aug 10 · 8 min
Spot rates split sharply, with a 14% increase to the US West Coast. The MSC Silvana VIII has sunk deeper off Zhoushan after failed refloating attempts.
Splash247, Hellenic Shipping News, gCaptain via Marine Insight 360 · Aug 9 · 8 min
Geopolitical tensions in the Middle East are disrupting Red Sea trade, with tanker shipping under fire. Saudi tankers have changed course due to Houthi threats.
Hellenic Shipping News, gCaptain via Marine Insight 360 · Aug 4 · 8 min