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In a landmark deal announced on Tuesday, Hong Kong-based CK Hutchison will sell its 80% stake in Hutchison Ports Holding to a Blackrock-TiL consortium,

A new industry survey by maritime consultancy Drewry reveals that most container shipping stakeholders expect Suez Canal transits to resume before the end of

The maritime industry has experienced mounting cost pressures in the past year as vessels reroute around Africa due to Red Sea security concerns. Shipping

Despite the Houthis’ recent pledge to halt attacks on non-Israeli commercial vessels following the Israel-Hamas ceasefire agreement of January 19th,

The dry bulk shipping sector is heading for stronger earnings in 2025, driven by environmental regulations reshaping vessel supply and sustained commodity

Asia-Europe carriers saw their early December general rate increases (GRIs) stick this week, with spot rates into both North Europe and Mediterranean ports

As the U.S. presidential election nears, Simon Heaney, Senior Manager of Container Shipping at Drewry, has provided insight into how each candidate’s

By Charlie Bartlett (The Loadstar) – Some three million TEU of new tonnage arriving next year will most likely be “more than offset” by further

Container shipping alliances are reshaping their East-West liner schedules for 2025, with new network plans and partnerships emerging as the industry continues

The latest edition of Drewry’s Global Container Terminal Operators Annual Review and Forecast has highlighted significant changes in the composition of

By Brendan Murray (Bloomberg) — Spot rates for shipping containers fell for the first time in almost three months amid signs demand is cooling after US

Key transhipment ports around the world are facing severe congestion in response to the Red Sea crisis, with Singapore being a prime example. The escalating

The maritime industry faces an uncertain future due to the ongoing Red Sea crisis, with a majority of industry insiders predicting the issues will continue

Maritime industry consultancy Drewry flags potential challenges for the US East Coast ports due to the diversion of Baltimore’s container volumes

By Mike Wackett (The Loadstar) – As long as they are able to obtain premium rates, ocean carriers could decide to increase the service speed of their

The international container shipping faces a critical couple of weeks as ongoing attacks and reroutings in the Red Sea continue to impact the sector ahead of

By Mike Wackett (The Loadstar)- Not only do ocean carriers have too many ships, they also have too many containers to fill vessels that are being deployed. In

By Mike Wackett (The Loadstar) – Drewry’s WCI container spot rate index was a sea of red ink again this week, ahead of a planned wave of ocean carrier

By Mike Wackett (The Loadstar) – Container spot indices are showing a sea of red ink this week, with short-term freight rates down on all the major

The global shipping industry’s severe shortage of ship officers has reached its worst on record and shows signs of abating, according to Drewry’s