ONE Reports $285M Quarterly Profit on Front-Loading, But Forecasts Second-Half Loss
Ocean Network Express (ONE) has navigated choppy waters in its second quarter of fiscal year 2025 (July-September), reporting a net profit of $285 million on
Ocean Network Express (ONE) has navigated choppy waters in its second quarter of fiscal year 2025 (July-September), reporting a net profit of $285 million on
It was another week of confused signals on container spot freight rates from the main indices – the Shanghai Containerised Freight Index (SCFI) continuing to
The 12-month trade truce between the United States and China announced this week will not prevent ocean container freight rates from continuing their decline
Average spot rates on major front-haul trades from the Far East increased sharply in October, but shippers preparing for 2026 contract negotiations should not
The Alabama Port Authority and APM Terminals Mobile announced an agreement to proceed with construction of a new 1,300-foot container berth at the Port of
The ten largest U.S. ports recorded a 6.6% year-over-year decrease in inbound container volume in September, marking a sharp reversal from earlier months and
Global investment firm KKR has announced the launch of Galaxy Container Solutions, a global marine container leasing and financing platform backed by $500
South Korean shipping line HMM has placed a KRW 4 trillion (US $2.814 billion) newbuilding order for vessels that will significantly expand its fleet
The nation’s busiest port complex saw cargo volumes decline in September as shifting trade policies and rising tariffs dampened consumer demand and
Container spot freight rates on the main east-west trades reversed months of consecutive declines this week with a series of general rate increases (GRIs) and
The Drewry World Container Index increased 2% to $1,687 per 40ft container this week, marking the first increase following 17 consecutive weeks of decline.
The CMA CGM Group has signed a letter of intent with Cochin Shipyard Limited (CSL), India’s largest state-owned shipbuilder, to build six dual-fuel LNG
U.S. container import volumes declined sharply in September 2025, falling 8.4% from August to 2,307,933 twenty-foot equivalent units (TEUs), according to
Chinese containership Istanbul Bridge arrived at the UK’s largest terminal Felixstowe early on October 13. The Panamax vessel completed the 7,500 nautical
Container spot freight rates saw another week of moderate decline on the main east-west routes amid subdued trading activity due to the Golden Week holiday,
Monthly import cargo volume at major U.S. container ports is projected to drop below the 2 million TEU threshold for the remainder of 2025, according to the
Blank sailings between the U.S. and China are set to reach unprecedented levels in October 2025, according to a new analysis from project44, with 67 blank
The Port of Los Angeles has issued a request for proposal for the pre-development of Pier 500, a new marine container terminal that would be the first built at
Due to China’s Golden Week holiday, underway since Wednesday, there was no Shanghai Containerised Freight Index (SCFI) this week – however, Drewry’s
The Drewry World Container Index has fallen 5% to $1,669 per 40ft container, marking the 16th consecutive weekly decline and reaching its lowest level since
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