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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

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...

AD Ports Group reports strong Q1 results

AD Ports Group delivered a solid financial performance in the first quarter of 2025, with significant year-on-year growth in revenue, earnings, and profits. Revenue for...

Clarksons: Tariffs could see negative growth for container shipping

Clarksons has warned that container shipping demand could regress if the US-China tariff war continues beyond this quarter. (adsbygoogle =...
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