International Shipping Trends - January 28, 2026 - Container Ship Grounded in Alabama
February 2, 2026, 5:24 PM
TDD-Global
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Highlights at a glance
This shipping industry update covers three key developments. First, the Ruby Tower container ship ran aground in Mobile, Alabama, but with assistance from tugboats and the Coast Guard, it freed itself and resumed its journey, allowing the channel to reopen. Second, Evergreen Line has launched a new direct service route, WSA6, connecting Mexico, Guatemala, and West South America. This route is designed to shorten transit times and enhance the carrier's coverage in the Latin American region. Finally, Drewry's Intra-Asia Container Index (IACI) reported a 3% week-on-week decline in freight rates to $641 per FEU for the week ending January 23, marking a 12% decrease compared to the same period last year. This drop reflects weaker spot rates across 18 major intra-Asia trade routes, indicating current market softness. These events highlight ongoing operational challenges, network expansions, and volatile pricing in the global container shipping sector.

Container Ship Grounded in Alabama
The Ruby Tower container ship ranaground in Mobile, Alabama. Tugboatsand the Coast Guard assisted; the vesselfreed itself and resumed southboundnavigation, reopening the channel.
Evergreen Launches Latin America Route
Evergreen added direct Latin Americaroute WSA6, covering Mexico, Guatemala,and West South America. The routeshortens transit times and strengthensregional coverage.
Asia Freight Rates Down 3%
Drewry' s IACI fell 3% to $641/FEU for theweek ending Jan 23,down 12%year-on-year, reflecting weaker spot ratesacross 18 major intra-Asia routes.

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