The container shipping market has become used to cyclicality over the decades, and it experienced an unprecedented peak in 2021 and 2022 with record rates and profits for liners. But with consumers ...
An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...
In recent years, market analysts have considerably widened the parameters they track to assess growth in countries, regions, and globally as far as container shipping goes. One often-overlooked ...
Shipowners and financiers should avoid sinking money into new container vessels despite a global crunch because record orders have driven up prices, according to industry insiders. Industry players ...
Due to the difficult security situation in the Red Sea, Danish shipping giant Maersk is expecting an industry-wide loss in freight capacity on routes from eastern Asia to Europe of 15% to 20% in the ...
The shipping industry has witnessed tremendous growth in the international, global carriage of goods by container vessels. Container ships have been ever increasing in size, and capacity. There are ...
CMA CGM's finance chief warned the container shipping industry that next year will see a slowdown in global trade. "2026 won't be a great year for shipping," Ramon Fernandez, CMA CGM Group's chief ...
With the new CMA CGM Terminal, Khalifa Port becomes the regional hub headquarters for three of world’s top five shipping companies CMA Terminals Khalifa Port will play a vital role in enhancing UAE ...
A total of 302 of 2,693 containership sailings, or 11%, have been canceled in May on all the main line trades, according to the latest data from maritime intelligence company eeSea, revealing the ...
Ships sit off the coast of Seal Beach, CA, on Tuesday, January 26, 2021. Cargo ships enduring one of the worst U.S. port bottlenecks in more than a decade faced down another obstacle as they waited to ...
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