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project44

Visibility firm extends rail and barge options

The project44 visibility platform has acquired Synfioo, a Potsdam-based provider of rail freight and barge data in Europe. It offers comprehensive visibility of over 99% of all cargo rail movements across European countries and IoT-enabled rail tracking. It also offers accurate visibility of vital inland waterway segments across Europe.  Including sophisticated water depth modelling and inland waterway data sources to enable carriers to assess load capacity and avoid delays. [+]

British port delays worsen, says visibility firm

Brexit has caused unrelenting delays at UK ports, says Josh Brazil, senior vice president of global supply chain insights at visibility specialist, project44.Coupled with the crippling effects of Covid, Britain has been “at the eye of the storm for supply chain disruption. Lockdown uncertainty compounded the whirlwind of more stringent ... [+]

Lockdowns lead to shipping delays

Shipping delays from China to Europe spiked by a third in December, rising from four to six days, according to the project44 information service. Carriers struggled with schedule reliability in December as congestion at ports and the Covid Omicron variant resulted in delays. While carriers implemented various strategies, including blank sailings and sailing ... [+]

Funding boost for project44

The project44 supply chain visibility platform has received a $420 million investment from a  syndicate led by Thoma Bravo, TPG and Goldman Sachs Asset Management. It will be used to support the company’s strategic acquisition program and product development. Combined with $202 million equity funding in May of 2021, project44 says ... [+]

Shipping turmoil could hit Xmas shipping

Dwell times at major Shenzhen ports remain disruptively high, despite trending downward in recent days with the Port of Yantian at full capacity again, reported shipping analysts project 44 on 6 July.   It said that disruptions related to China’s Covid quarantine efforts could extend well into the year, potentially affecting Christmas shipments.  Last month, Chinese ... [+]

Grim outlook in Yantian

The situation at China’s port of Yantian, where operations have been hit by a Covid outbreak, “is not looking particularly good” reports supply chain visibility specialist, Project44. Between 1 and 15 June, 298 container vessels with a combined total capacity of over 3m teu skipped the port, a 300% increase in ... [+]

More China delays following Covid outbreak in Yantian

Delays at the Yantian Port in Shenzhen in southern China, have been worsening over the last week due to a Covid outbreak, reports liner visibility firm Project44. The port is expected to remain congested throughout the month, it says.   Project44 adds that the outbreak continues to spread as authorities in Guangzhou, ... [+]

Seafreight delays set to last into summer

Carriers are canceling sailings well into the summer, indicating that under capacity will remain a headache for the foreseeable future, says shipping analyst Project44. It adds that among the three major alliances, there is a significant variance in blank sailing rates, with certain carriers like HMM skipping ports more often than ... [+]

Suez-delayed ships could swamps ports, says analyst

With delayed ships now on their way following the Suez Canal incident, cumulative delays are at 1,017 days, threatening to swamp ports with bottlenecked cargo for weeks to come, says visibility platform Project44. Some 1.9 million teu of capacity is involved in the incident. In Rotterdam, 15 ships representing 196,600 teu ... [+]

Updated: 34 container ships stuck in Suez

Some 34 container vessels are either immobilized in the Suez canal behind the grounded Ever Given or en route to the zone, totalling 379,200teu of capacity, says the Project44 shipper visibility platform. It added that, with more than 50 ships passing through the canal on any given day, “the congestion is ... [+]

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