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Shipping Rates Near 3-Year High as Costs Surge

The Shanghai Containerized Freight Index (SCFI), a key global measure of container shipping rates, reached 3,662.18 in the second week of September, extending its upward streak to seven consecutive…

  • Shanghai Containerized Freight Index hits three-year high of 3,662.18
  • Shipping costs surge due to Strait of Hormuz blockade and Red Sea tensions
  • Samsung Electronics and LG Electronics face higher transportation expenses

The Hidden Patterns Behind Maritime Accidents Revealed in New Industry Report by ShipIn Systems PBC and NorthStandard

New research from ShipIn Systems PBC and NorthStandard shows that vessel-based risk is not only concentrated among a smaller proportion of vessels, but can also be identified through measurable…

  • Vessel-based risk concentrated among 70% of vessels, causing nearly all accidents
  • FleetVision scores below 75 linked to 5.5x higher accident rates than scores above 85
  • Operational deviations dropped by 96% in monitored vessels, improving safety across the fleet

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