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Bulk carrier market is good
The bulk carrier market is positive, and 250 vessels are expected to be needed in 2028
2024-11-25
With the growth of exports from South America, the demand for Capesize bulk carriers will increase significantly, and the Atlantic route alone may require 250 Capesize capacity support.
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Freight rates between the United States and the West continue to fall
U.S. West freight continued to fall, Trump tariffs did not cause freight prices to rise?
2024-11-25
At present, there has been no observation of the rumoured early tariff effect triggered by the rush to pull goods, and the freight rate of the Western line of the United States continued to fall by 8.61%, which also dragged down the Shanghai export f
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Overall score ranking of liner companies in 2024
In the overall score ranking of liner companies in 2024, Maersk ranked first
2024-11-22
Sea-Intelligence has released a reliability ranking of the world's top 13 shipping lines, and Maersk is the world's most reliable liner company.
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The total net revenue of the container shipping industry amounted to $26.8 billion
The total net revenue of the container shipping industry amounted to $26.8 billion
2024-11-22
In the third quarter of 2024, the container shipping industry experienced a remarkable turnaround, with total net revenues soaring to $26.8 billion, a staggering 164 percent increase over the previous quarter.
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The Port of Los Angeles saw a surge in traffic in October
Port of Los Angeles saw a surge in throughput in October in response to upcoming tariffs.
2024-11-22
The Port of Los Angeles reported an unprecedented 905,026 TEU throughput in October, up 25% from the same month last year and the first time the port has handled more than 900,000TEU for four consecutive months.
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The port of Manzanillo was transformed into an international logistics hub
With an investment of $3.15 billion, the Port of Manzanillo was transformed into an international logistics hub
2024-11-22
With a total investment of $3.15 billion, it will transform Mexico's largest port into an international logistics hub, expanding its facilities by 303% to cover 18.158 million square meters.
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ZIM announced its financial statements for the third quarter of 2024
With revenue of $2.77 billion, ZIM reports third-quarter results
2024-11-22
ZIM announced its financial statements for the third quarter of 2024, with operating income of $2.77 billion, up 117% year-over-year, thanks to higher freight rates and increased freight volumes.
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Several unions in Greece called for simultaneous strikes
Ports were closed and several Greek unions called a strike at the same time
2024-11-22
Greek port dockers and seafarers have staged a 24-hour general strike in Athens, disrupting cargo operations at the container terminal operated by COSCO at Piraeus port.
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UAE Wafa
The container throughput of the named routes of "Silk Road Shipping" exceeded 20 million TEU
2024-11-21
The "UAE Wafa", which carries out the "Silk Road Shipping" named route, docked at Xiamen Hailun Container Terminal for loading and unloading operations, and the container throughput of the "Silk Road Shipping" named route exceeded 20 million TEU.
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Indian importers have been hit by rising freight rates in Asia
Indian importers have been hit by rising freight rates in Asia
2024-11-21
Indian importers who rely on Asian-made goods, particularly from China, are facing a fresh wave of container rate shocks, with spot freight rates on Asia-India routes more than doubling in the past month or so.
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