Freight Rates Stall After Lunar New Year as Carriers Eye Blank Sailings
Container freight spot rates on the major trades saw limited movement this week as supply chains in China slowly began to restart following the new year
Container freight spot rates on the major trades saw limited movement this week as supply chains in China slowly began to restart following the new year
Drewry World Container Index reveals global container shipping rates fell 1% to $1,899 per 40-foot container this week, marking the seventh consecutive weekly
The nation's two busiest container ports posted double-digit declines in January cargo volumes, but industry leaders say the dip reflects comparison against
Global container shipping rates extended their decline for a sixth consecutive week, dropping 1% to $1,919 per 40-foot container as the traditional pre-Lunar
CMA CGM is doubling down on India, having finalizing shipbuilding contracts with Cochin Shipyard Limited (CSL) for six LNG-powered containerships while
Exports from the Port of Los Angeles fell 8% in January to the lowest level in nearly three years as Trump's tariffs devastated trade with China. Soybean
Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services for $4.2 billion in a deal that would cement its position among the world’s top five
Los Angeles processed 812,000 TEUs in January, down 12% year over year, with exports hitting their lowest monthly level in nearly three years as tariff
Container shipping group Hapag-Lloyd HLAG.DE said on Monday it would buy Israeli rival ZIM Integrated Shipping Services ZIM.Nfor $4.2 billion in a
Hapag-Lloyd AG is in advanced talks to acquire Israeli competitor Zim Integrated Shipping Services Ltd, the German company said on
Geneva-based Mediterranean Shipping Company has reached a new milestone, pushing its total containership capacity past 7.2 million TEU and solidifying its
South Korea’s HMM managed to stay in the black through a bruising 2025 for container shipping, posting a 13.4% operating margin even as freight rates
Global container shipping rates fell for a fifth consecutive week as the usual pre-Lunar New Year cargo surge failed to materialize, prompting carriers to ramp
Hapag-Lloyd reported preliminary 2025 financial results that came in at the upper end of its guidance, even as earnings fell sharply from the prior year amid
Danaos reported solid fourth-quarter earnings for 2025 while locking in $4.3 billion in contracted revenue and expanding into LNG through a new partnership
Multiple container stack collapses at the Ports of Los Angeles and Long Beach in late 2025 injured a worker and damaged an emissions control barge, prompting
Maersk orders eight 18,600-TEU dual-fuel containerships for 2029-2030 delivery, choosing operational flexibility over megaship scale despite recording its
U.S. container imports are expected to fall sharply in the first half of 2026 as ongoing tariff uncertainty disrupts trade flows, according to the latest
Global container shipping rates fell for a fourth consecutive week as the traditional pre-Lunar New Year cargo surge failed to materialize. Spot rates dropped
Maersk slipped into a rare quarterly loss in its Ocean division as freight rates weakened and the container giant began a cautious return to Red Sea and Suez
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