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Analysts have warned that Trump's tariffs are hurting American shippers

2025-01-22

Trump has pitched his trade policy as America first, but for now it is American shippers who are hurting the most, with a flood of imports threatening to spell disaster for global supply chains.

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The air cargo market remains robust and Asian freight rates remain high

2025-01-22

Despite the usual seasonal drop in global air cargo spot prices in early January, prices are still up more than 20% compared to the same period last year.

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New shipping alliances may have an impact on the bulk shipping market

2025-01-22

The container shipping market is likely to experience short-term disruption in the coming weeks due to route restructuring and re-signing of cooperation agreements.

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The revenue of Ningbo Port in 2024 will be 28.637 billion yuan

2025-01-22

In 2024, Ningbo Port completed 1.135 billion tons of cargo, an increase of 3.4%, and 47.642 million TEUs of containers, an increase of 10.4%. The total revenue for the reporting period was 28.637 billion yuan.

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Trump and Mulino belong to Rip because of the canal

2025-01-22

US President Donald Trump has announced steps to take back control of the Panama Canal at his inauguration, sparking an immediate backlash from the Panamanian government.

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Freight rates fell, and more than 100 voyages were cancelled

2025-01-21

In addition to the decline in the composite freight rate index, major routes also fell across the board, with a total of 109 sailings cancelled by shipping companies, a cancellation rate of 15%.

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ONE launches East Coast South America Express connecting the Far East and South America

2025-01-21

The East Coast South America Express 2(SX2) service is designed to connect major ports in the Far East with major hubs on the east coast of South America, further strengthening ONE's position in the Latin American market.

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Will CMA CGM be the first liner to resume the Red Sea route?

2025-01-21

A vessel from CMA CGM is currently on its way to the Suez Canal, further evidence that CMA CGM will be the first liner operator to resume regular Red Sea voyages.

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Global tanker freight rates are expected to rise in 2025

2025-01-21

Despite the ceasefire in the Gaza Strip, global tanker freight rates are expected to generally rise in 2025 due to US sanctions and geopolitical turmoil.

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Hapag-LIoyd launches India Asia Express (IAX) service

2025-01-21

Hapag-LIoyd has announced the launch of the India Asia Express (IAX) service to meet customers' transportation needs in the Asian market.

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