WFH SG GROUP PTE LTD.
WFH SG GROUP PTE LTD.

Industry News

25 04 , 2024
Moderate Upward Trend Evident in Bunker Indices
During the fourteenth week of the year, a discernible ascent characterized the Marine Bunker Exchange (MABUX) global bunker indices. The 380 HSFO index witnessed an uptick of US$6.91, reaching US$553....
16 04 , 2024
Supply Chain Disruptions Force Vessels to Reroute to New York Port: Impact of Baltimore Bridge Collapse on Shipping Industry
In the early hours of March 26th, a cargo ship collided with the Francis Scott Key Bridge in Baltimore, Maryland, causing vehicles on the bridge to plunge into the river and leading to the suspension ...
15 04 , 2024
Cargo Throughput Plummets in the Red Sea Amidst Vessel Assaults
During the initial seven weeks of 2024, cargo volumes to and from ports in the Gulf of Aden and the Red Sea witnessed a significant decline of 21% year-over-year. This downturn is attributed to a nota...
09 04 , 2024
Container Traders Foresee Escalating Disruptions and Soaring Prices Following Baltimore Bridge Catastrophe
In the wake of the Baltimore Bridge calamity, those entrenched in the intricacies of supply chain management foresee impending escalations in costs, as evidenced by a marked uptick in the anticipation...
08 04 , 2024
Container Carriers Confront a US$1.4 Trillion Decarbonization Expenditure
In its 2024 forecast, US consultancy AlixPartners has highlighted the substantial carbon footprint of container shipping, stating that the sector must allocate US$1.4 trillion towards achieving carb...
03 04 , 2024
Container Carriers Confront a $1.4 Trillion Decarbonization Challenge
In its 2024 report, US consultancy AlixPartners has highlighted the container shipping sector’s substantial carbon dioxide emissions, emphasizing the necessity for the liner industry to allocate US...
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