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YM vessel explosion at Ningbo-Zhoushan port raises serious safety concerns

Antonis Karamalegkos - 0
A major explosion has occurred on a Yang Ming boxship while berthed at the port of Ningbo-Zhoushan in China in another incident that raises...
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Industry Opinions

Another record-breaking month for container shipping demand from China to North America and North Europe

Ioanna Kontos - 0
Ocean container shipping demand from China to North America and North Europe continued to break records in June as importers rushed to protect supply...
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Industry Opinions

Ocean container shipping market reaches a tipping point: Xeneta Analysis

Ioanna Kontos - 0
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...
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News

Vessel redeployment forces rate rises in secondary trades

Container News Team - 0
Liner companies chasing the high returns on the major trade lanes are shifting tonnage from secondary services, with consultancy Xeneta warning shippers and forwarders...
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Industry Opinions

Spiralling ocean container shipping market set to peak

Container News Team - 0
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...
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Industry Opinions

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

Ioanna Kontos - 0
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...
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Industry Opinions

Spot rate growth slows but ocean container shipping market will remain extremely challenging

Container News Team - 0
Ocean freight container shipping spot rates are set to increase further, but there are signs the recent dramatic growth may be slowing. The latest data...
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News

Booming charter market driven by mid-sizes

Container News Team - 0
The container market is on fire, according to Braemar which outlines the combination of geopolitical upheaval and market economics that is driving parts of...
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Industry Opinions

US importers caught in a vicious circle as labor union strike threat raises fears of soaring freight rates and massive disruption at US East...

Ioanna Kontos - 0
Threat of strike action at US East and Gulf Coast ports may see importers accelerate efforts to protect ocean supply chains in a vicious...
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Industry Opinions

Ocean freight container shipping market set to surpass Red Sea crisis peak and hit levels not seen since Covid-19 pandemic

Ioanna Kontos - 0
Ocean freight container shipping spot rates are set to exceed the level seen at the height of the Red Sea crisis when the latest...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Rates & Surcharges Antonis Karamalegkos - 0
Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...
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Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Services Container News Team - 0
Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...
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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

CN Premium Articles Container News Team - 0
As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
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MSC and ZIM downsize joint Far East-US East Coast service network

Services Antonis Karamalegkos - 0
In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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