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Xeneta appoints former Amazon and MSC expert

Fabio Brocca, recently appointed Chief Product Officer at Xeneta, faces the challenge of leveraging data and technology to revolutionize the buying and selling of...

Red Sea Crisis: Spiralling ocean freight rates from Far East to US may have peaked

The Red Sea crisis sent ocean freight rates from the Far East to the US spiralling by more than 150%, but there appears to...

Red Sea crisis impact on box rates more rapid than Covid-19: Xeneta analysis

The Red Sea crisis has seen ocean freight rates increase faster than in the early months of the Covid-19 pandemic as swathes of shippers...

Red Sea Crisis: Xeneta forecasts freight rates to rise further in February

Early indications suggest ocean freight shipping rates are set to increase further in early February amid the ongoing Red Sea crisis, according to data...

Xeneta appoints new chief revenue officer

Tonia Luykx, renowned for her success in scaling software as a service (SaaS) and tech businesses such as Sift, Google, Dropbox, and Amazon, has...

Shippers are counting the cost of war

Verifiable costs for transiting the African Cape rather than the Suez Canal are around US$1,000 per box according to Xeneta chief analyst Peter Sand,...

Red Sea crisis: Markets spike, consumers will pay the price

Consumers around the world are expected to pay the price for the unfolding crisis in the Red Sea after missile attacks on merchant ships...

Xeneta expects “even more brutal” 2024 for ocean carriers

Norway-based ocean and air freight rate platform suggests that next year could be "even more brutal than expected" for ocean carriers in the freight...

Golden week holidays no barrier to rate index decline

Rates on the two major trades to Europe and the United States continued to slide even as workers begin their slow return to factories...

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

After a year of plunging ocean freight rates, carriers appear to have turned the tide on the key China to US West Coast trade,...
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SAAM-Enap partnership: Latin America’s first electric tug en route to Chile

Latin America’s first fully electric tugboat has officially set sail from Tuzla, Turkey, on a 45-day journey to Puerto Montt, Chile. From there, it will...

Singapore and France sign enhanced maritime partnership agreement

French Minister for Transport Philippe Tabarot and Singapore’s Acting Minister for Transport and Senior Minister of State for Finance Jeffrey Siow signed an Enhanced...

CMA CGM, DP World Ramp Up Investment Amid Global Trade Turbulence

As global trade fragments under the weight of geopolitical tensions, French shipping group CMA CGM and UAE-based logistics company DP World are positioning themselves...
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