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Container ship orderbook hits new record high

“At the end of 2024, the container ship orderbook was 8.3m TEU, a new record compared with the previous high of 7.8m TEU in...

Pre-Lunar New Year Demand Pushing Transpacific Rates Up

The January 15th expiration of the interim ILA - USMX agreement set at the conclusion of the three-day October strike is rapidly approaching. Talks resumed...

Mexico increases trade barriers for Chinese imports

Ocean rates out of Asia overall trended up slightly to end the year, but with the Lunar New Year (LNY) approaching and a range...

Frontloading continues to put pressure on Transpacific rates

Transpacific ocean rates increased slightly last week and are about 15% higher than at the start of December on successful mid-month General Rate Increases...

Container sector spearheads a bullish year for global shipping

Veson Nautical's 2024 End-Of-Year-Report states container sector driving high prices The last 12 months have seen values rise to near-record levels across several sectors of...

Tanker market slows as market uncertainty and high values create headwinds

The bull market for tanker vessels that has been witnessed for most of 2024 is showing signs of slowing down according to a new...

Dry bulk contracting falls 70% below average amid low rates

Driven by healthy demand, the dry bulk market was strong throughout most of the first three quarters of 2024. However, in recent months, weaker Chinese...

Asia-Europe ocean rates continue to climb on early LNY rush

Ocean rates from Asia to Europe and the Mediterranean increased last week, with prices of US$5,300/FEU to Europe approaching levels in the lead-up to...

E-bikes are a greener alternative but terminal operators beware

Ports, terminals, and logistics facilities are typically designed to accommodate large vehicles and cargo-handling equipment. The introduction of smaller, more vulnerable road users like e-bikes...

Asia – Europe rates climbing on December GRIs

Some frontloading ahead of a possible ILA port strike after January 15th and expectations of tariff increases next year have kept transpacific ocean rates...

Trump Tariffs: Impact & Analysis by Freightos

Late November is typically a slow season for transpacific ocean freight. But through last week transpacific ocean rates remained level and elevated at more...

New report highlights alarming freight crime trend in Italy

TT Club, in collaboration with BSI SCREEN and TAPA EMEA, underscores the increasing threat to the Italian supply chain pose chiefly by organised crime...

Latest Posts

Strategic and Geopolitical Implications of Taiwan Strait: Comparative Analysis of G7 and BRICS Dependencies

The Taiwan Strait serves as a crucial maritime corridor, linking major East Asian economies with the global market. This route's strategic value is highlighted by...

Container Shipping Stocks: Weekly Performance Overview

Container shipping has long been a critical pillar of global trade, facilitating the transport of goods across continents and powering economies. In the past...

Marfret receives 300 new reefer containers

Marfret has recently purchased 300 new refrigerated containers, which will primarily support exporters from Latin America in shipping tropical fruits, particularly those harvested in...

Vietnam approves Can Gio transshipment port project

The Vietnamese government has given the green light to the “investment policy” for the Can Gio International Transshipment Port Project in Cai Mep. This is...

Kalmar delivers electric reachstackers to Westport’s Norwegian terminal

Finnish port equipment manufacturer Kalmar has supplied four electric reachstackers to the Norwegian port operator Westport AS, further strengthening their partnership to promote sustainable...
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