In recent years, the global concern over climate change and its environmental impact has grown significantly. Among the industries contributing to greenhouse gas emissions,...

Industry Opinions

US dirty tanker export demand jumps 33% year-on-year

Container News Team - September 13, 2023 0

"During the first eight months of 2023, US dirty tanker export demand increased 33% year-on-year while the global dirty tanker exports increased only 5%....

Industry Opinions

Fire not the only danger with lithium-ion batteries: TT Club

Ioanna Kontos - September 12, 2023 0

TT Club, the specialist international freight insurance provider, is seeking greater emphasis on the critical dangers of toxic gas emissions associated with lithium-ion battery...

Industry Opinions

Xeneta: Carriers drive up ocean freight rates on main Far East to USWC trade with savvy capacity cuts

Container News Team - September 7, 2023 0

After a year of plunging ocean freight rates, carriers appear to have turned the tide on the key China to US West Coast trade,...

Industry Opinions

Telematics can expedite decarbonisation of the container sector

Container News Team - September 7, 2023 0

Supply chain stakeholders recognise the commercial advantages conferred by container telematics, but its potential contribution to decarbonisation is consistently underestimated, says ORBCOMM’s Christian Allred,...

Industry Opinions

Latest data is ‘a wake-up call’ for shippers, as Xeneta argues now is the time to negotiate long-term rates

Ioanna Kontos - August 24, 2023 0

Xeneta believes long-term ocean freight rates may have started bottoming out after around a year of persistent, often dramatic monthly falls. The Oslo-based benchmarking...

Industry Opinions

Amid record-low Transatlantic trade rates, shippers must seize opportunities before market rebounds: Xeneta

Container News Team - August 17, 2023 0

Spot rates on the Transatlantic front haul trade from North Europe to the US East Coast (USEC) are plummeting rapidly. According to Xeneta's platform...

Industry Opinions

Spot rates rally on key Far East trade lanes after latest GRI moves: Xeneta

Ioanna Kontos - August 10, 2023 0

Spot rates for containerised ocean freight have climbed across three leading Far East export corridors after the latest round of General Rate Increases (GRIs)...

Industry Opinions

Record high ship deliveries boost container fleet capacity

Container News Team - August 10, 2023 0

“Deliveries of new container ships during the first seven months of the year reached a new record high of 1.2 million TEUs in 2023,...

Industry Opinions

Long-term ocean freight rates hit two-year low just as record new levels of ships enter market and overcapacity adds further pressure: Xeneta

Ioanna Kontos - August 1, 2023 0

Global long-term shipping rates sank to a two-year low in July, with the latest data from Xeneta's Shipping Index (XSI®) showing a fall of...

Industry Opinions

Freemantle Highway fire exposes Mercedes to US$13 million loss: Russell Group analysis

Container News Team - July 27, 2023 0

A fire on the car carrier Freemantle Highway off the Dutch coast is expected to expose Mercedes-Benz to at least US$13 million (GB£10 million)...

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Industry Opinions

Transpacific container rates starting to spike on demand surge

Freightos: Transpacific ocean volumes surge during tariff pause

China-US de-escalation may spur early peak season: Freightos Analysis

Freightos Update: Blanks keep rates level; no de minimis air rate collapse yet; US-Houthi truce first step to Red Sea return?

Brazilian grain shipments up 9% as China seeks US alternative

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