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US container shipping braces for headwinds as peak season approaches

The US container shipping sector is cautiously approaching the peak season, with the upcoming US elections and labour negotiations poised to bring their own...

Monthly import cargo at US ports continues peak season surge

Monthly inbound cargo volume at the US major container ports could see a near-record surge this month as retailers bring in merchandise ahead of...

Another record-breaking month for container shipping demand from China to North America and North Europe

Ocean container shipping demand from China to North America and North Europe continued to break records in June as importers rushed to protect supply...

West Coast ocean rates slide on easing demand, increasing capacity

Ocean rates out of Asia were stable last week for most lanes, with prices remaining at about their mid-July highs for the year. But reports...

India now depends on Russia for 40% of its crude oil imports

During the past three months, India has relied on Russia for 40% of its seaborne crude oil import. Year-to-date, volumes have reached an average of...

Ocean container shipping market reaches a tipping point: Xeneta Analysis

The ocean container shipping market reached a tipping point in July, with long-term rates on major fronthaul trades showing signs of life just as...

Container ship fleet sees fastest growth in 15 years

Since the beginning of the year, the capacity of the container ship fleet has increased by 1.6 million TEUs. "Compared to one year ago, the...

Ocean rates dip on capacity increase and early peak

The massive IT outage caused by the CrowdStrike update led to thousands of delayed or cancelled flights worldwide over the weekend as airport and...

AI roadmap takes trucking from chaos to control in 2024

You're a logistics manager. Fuel costs are skyrocketing, drivers are hard to find, and regulations keep changing. How do you keep your fleet efficient...

Survey: More Than 15 Years Needed for Transportation Sector to be Fully Powered by Sustainable Fuel Sources

Almost half the respondents who took part in a survey spearheaded by Reed Smith revealed that they expect it to take more than 15...

Reputation matters: It’s time to digitalise ocean freight

Global economics and conflict continue to push trade, cargo demand, capacity and pricing in unexpected directions, creating headaches for the ocean cargo ecosystem. Carrier...

BIMCO: Dry bulk newbuild contracting fell, despite strong market

“During the first half of 2024, newbuild contracting in the dry bulk sector fell 34.2% y/y despite favourable market conditions. A 6.5% y/y increase...

Latest Posts

Red Sea shipping traffic rebounds as Houthis limit targets

Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...

CMA CGM applies new surcharge from Far East to West Africa

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...

China to counterbalance Panama setback through South America projects

As geopolitical tensions deepen and shipping lanes become politicized battlegrounds, China is recalibrating its approach to the Western Hemisphere. The recent retreat of CK Hutchison...

PIL christens new 8,200 TEU boxship

Pacific International Lines (PIL) named its latest 8,200 TEU LNG dual-fuel container vessel, Kota Ocean, at the PSA Terminal in Singapore. The vessel was named...

Singapore authorities away grounded container barge

Authorities in Singapore have towed away a container barge that ran aground off the resort island of Sentosa this morning (6 June). ...
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