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US freight industry sees US$46 billion boom in e-shipments

Revenue from e-commerce shipments in the freight industry surged by 7% to US$706 billion. Tax specialists warn businesses of increased liability if not managed...

Golden Age: Container shipping’s post-Covid boom continues

Orders of new container vessels are up by ~52% year-on-year with 254 new contracts placed in 2024, compared to 167 in the corresponding period...

Container ship deliveries hit new record of 2.5 million TEUs

"Just ten months into 2024, shipyards’ deliveries of container ships have reached a new annual record. A total of 410 ships with a capacity...

Ocean rates falling post-peak season, but labor and election results could renew pressure for North America lanes

Asia–Europe ocean rates closed October 30% lower than at the end of September as Red Sea diversions that led to an early peak season...

Navigating the challenges of underwater radiated noise: A win-win for emissions and ocean health

The maritime industry's push toward decarbonisation brings an unexpected benefit: the reduction of underwater radiated noise (URN). While the sector focuses intensively on emissions reduction...

Mexico Factor: How US-China Trade Tensions are Reshaping North America Logistics

The landscape of US-China trade has undergone a dramatic transformation since 2018, when tariff policies implemented during the Trump administration and maintained under Biden...

Suez and Panama Canal disruptions threaten global trade and development: UNCTAD

The disruptions are straining supply chains, driving up costs, and reshaping global trade patterns, with vulnerable economies hit hardest, according to the latest UNCTAD...

Greek vessel owners take US$18 billion gas gamble

Greek ship owners have spent an unprecedented US$18 billion on newbuild gas vessels since 2021 as companies diversify their portfolios away from traditional tanker,...

Freightos reports lower East Coast congestion as strike backlogs are cleared

Hurricane Milton battered the west coast of Florida last week. Power disruptions kept the Port of Tampa Bay closed until Monday, while ports in...

VesselsValue Q4 2024 Market Outlook Summary

The forecast period up to 2027 suggests a mixed outlook across different vessel types. We anticipate that orders for Bulkers and Tankers will gain...

Decarbonization regulations pushing down average speed of global bulker fleet

Research by Veson Nautical: Estimated carbon emissions from bulk carrier vessels have fallen by 5 million tonnes, or 2.5%, since the beginning of 2021,...

Unwind from ILA strike begins, ocean rates fall while air climbs: Freightos Update

The ILA port worker strike ended last Thursday after the union accepted the USMX offer of a 62% wage increase over the next six...

Latest Posts

PFL to implement GRI on Australia & New Zealand–Papua New Guinea trade

Pacific Forum Line (PFL) has announced a General Rate Increase (GRI) on cargo moving from Australia and New Zealand to Papua New Guinea, effective...

Operations begin at phase two of Dublin Port’s Terminal 4 RoRo depot

Dublin Port has opened Phase Two of its new Terminal 4 (T4) RoRo depot, adding 160 trailer spaces and boosting capacity by more than...

Port Houston achieves double-digit growth

Port Houston recorded one of its strongest months on record in July 2025, as container volumes surged by 21% year-on-year, reaching 392,829 TEUs. The milestone...

MABUX showed a moderate upward trend

At the close of the 35th week, the global bunker indices MABUX showed a moderate upward trend. The 380 HSFO index rose by US$...

CMA CGM to launch KILIMA service

CMA CGM will launch its new KILIMA service in August 2025, offering a direct weekly connection between the Far East and East Africa, including...
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