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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...

Dual Fuel Fleet Additions Continue to Rise

Increase of c.72% year-on-year comparing 2018 vs 2023 Owners are shifting to dual fuel systems in order to achieve net-zero emissions and comply with current...

Spiralling ocean container shipping market set to peak

The dramatic spike in the ocean freight container shipping market is reaching its peak as importers push back against spiralling spot rates. Data released by...

Record-breaking demand for ocean container shipping adds to perfect storm in market

Global demand for ocean freight container shipping hit an all-time record in May amid soaring spot rates and severe port congestion. The 15.94 million TEUs...

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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