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WFH SG GROUP PTE LTD.
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Industry News

11 07 , 2024
Port Houston Resumes Operations Following Hurricane Beryl
Port Houston in Texas resumed operations on Wednesday, July 10, after being shuttered since Monday due to Hurricane Beryl.Beryl, a Category 1 hurricane at landfall on the Texas Gulf Coast on Monday mo...
09 07 , 2024
Container port congestion is now approaching Covid-era peaks
Global container port congestion has now reached approximately 9 million TEU, nearing the peak of 9.6 million TEU observed during the Covid-19 pandemic, according to a Clarksons report.The world’s la...
16 06 , 2024
Port of Oakland Surpasses 200,000 TEUs in March Handling
In the preceding month, the Port of Oakland witnessed a substantial surge in container volume, with 202,816 TEUs traversing its facilities, marking a notable 19.1% increase compared to March 2023.Impo...
14 06 , 2024
China's Container Prices Surge Beyond Expectations, Driven by Capacity Shortage and Demand Growth
In May, China's container market experienced significant volatility, with container prices rising beyond expectations. The average price for a 40-foot high-cube container at major Chinese ports in...
09 06 , 2024
Mixed Trends Evident in Global Container Port Throughput Indexes
In February, Drewry's Global Container Port Throughput Index stood at 109.2 points, marking a 0.8% decline from the previous month but an 8.3% increase compared to February 2023. According to the ...
05 06 , 2024
Red Sea Disruption Fuels Surge in Container Values and Rates
It seems like there has been a notable shift in container values since the beginning of the year, with increases observed across various sectors and age categories. After a period of decline following...
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