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1 day ago · BREAKING NEWS. US East Coast strike risk could mean more spikes in freight rates. ONE revamps Korea-China-Straits 2 service. Kuehne+Nagel appoints new managing director for India, Sri Lanka and Maldives. Reimagining Nature: Animals Displayed in Front of Shipping Containers. Global schedule reliability reaches year-to-date peak in May.
News and updates from the world of the container shipping industry covering technology, freight rates, fleet capacity, new buildings and services.
May 23, 2024 · Containers lost at sea drop to lowest level on record. The World Shipping Council (WSC) has released its annual report on containers lost at sea, showing a significant decrease to… Read More »
May 23, 2024 · An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer...
May 30, 2024 · Singapore. Shipping delays, higher freight rates: Ports in Asia, including Singapore, see heavy congestion. Port operator PSA Singapore is working closely with shipping lines to mitigate...
2 days ago · Despite this, the total volume of containers passing through the local port increased to 16.9 million containers between January and May, up 7.7 per cent from 15.7 million containers during the ...
Jun 27, 2024 · A global pandemic, which kept people at home with little else to do but buy, buy, buy, sent container rates sky-high. In 2022 shipping lines’ return on capital exceeded 40%; the biggest earned ...
