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Ocean Shipping Reform Act won’t alleviate issues in container shipping: industry players

Container News Team - 0
Shippers and market observers have expressed scepticism at the passing of the Ocean Shipping Reform Act (OSRA) by the US House of Representatives on...
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Freight rates elevated more than 90% in one year

Container News Team - 0
Xeneta Shipping Index (XSI) has revealed another monthly hike in long-term ocean freight rates, with global container prices rising by 3.2% in September, followed...
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Desperate shippers swallow contract rates at double 2020 Levels

n.savvides - 0
Early indications from the annual contract negotiations being closed between beneficial cargo owners and carriers point to shippers paying up to three times as...
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Most Visited - Newsletter

Shippers on the back foot with contract negotiations looming

n.savvides - 0
Shippers facing the most “volatile” trading conditions in the history of container shipping have been warned to prepare for an “expensive world” of ocean...
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South America West Coast rates triple in September

n.savvides - 0
Spot rates between Asia and South America west coast have nearly tripled in the space of a month making it the hottest trade lane...
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Ukrainian ports face new risks after drone strikes on Russia

CN Premium Articles Alexandros Itimoudis - 0
On June 1, 2025, Ukraine launched a large-scale, simultaneous drone strike campaign targeting multiple Russian air bases deep inside enemy territory. This marks a significant...
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Mixed response to Suez Canal discounts

CN Premium Articles Container News Team - 0
Container lines are mostly not ready to follow CMA CGM in dabbling with a Red Sea return, notwithstanding the Suez Canal Authority's (SCA's) discounts,...
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Mersin International Port completes first phase of expansion project

Port News Container News Team - 0
Mersin International Port Management Inc. (MIP), a key gateway terminal in Türkiye and a joint venture between PSA International, IFM, and Akfen, officially completed...
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GEODIS unveils low-carbon air freight solution

Out of the Box Alexandros Itimoudis - 0
GEODIS introduces GEODIS AirSmart, an innovative low-carbon air freight service designed to minimize greenhouse gas emissions through optimized performance. The official launch takes place today...
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