UWL and Swire Shipping are launching a new dedicated, express ocean export service from Seattle, Washington, US to Ho Chi Minh City, Vietnam. The transit time will be the fastest in the trade, with a duration of 21 days, according to a statement. “The recent ocean disruption and 100-day-long transit times are literally wiping out US food exporter livelihood; many…
The US Congress has passed the Ocean Shipping Reform Act (OSRA) 2022 to the cheers of shippers, and politicians, but the chagrin of carriers. There had been little doubt that the bill which will expand the powers of the Federal Maritime Commission over container lines would be passed, and it now moves on to be signed into law by President Joe…
The US Federal Maritime Commission (FMC) is demanding more information and pricing from the largest container shipping alliances accused of profiteering from the supply chain crunch. New monitoring requirements from the US regulator will see 2M, Ocean Alliance, and The Alliance, being mandated to provide the FMC’s Bureau of Trade Analysis (BTA) with insight into pricing of individual trade lanes and…
Singapore-based liner operator Swire Shipping has launched what it claims is the market’s fastest port-to-port service for voyages between Ho Chi Minh city in Vietnam and Seattle in Washington with a transit time of between 16 and 18 days. The service, with priority berthing secured at both Seattle and Vietnam, has been launched exclusively in partnership with a top 20…