Container Shipping Rates Snap Weeks of Gains as Restock Rally Fades
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
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
(Bloomberg) — Shipping’s carbon emissions climbed by 23 million tons in the first half of this year, partly as vessels took longer routes to avoid
Severe weather conditions near the Cape of Good Hope have brought container traffic to a halt this week, according to analysis by LSEG Shipping Research.
Maersk highlighted significant challenges posed by the ongoing Red Sea situation, which has forced ships to divert around Africa, increasing costs and
SEOUL/SINGAPORE, June 26 (Reuters) – Congestion at Singapore’s container port is at its worst since the COVID-19 pandemic, a sign of
The escalating conflict in the Red Sea region has disrupted international shipping routes, contributing to significantly higher transit times for the container
By Yongchang Chin (Bloomberg) — The logjam that’s been plaguing Singapore’s container port is bringing forward this year’s peak season for the
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
By Charlie Bartlett (The Loadstar) – Shareholders are hoping their container line will not be the first to resume Red Sea transits, analysts say, after
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
By Alex Longley (Bloomberg) — It’s “naive” to assume merchant vessels will start sailing through the Red Sea again if there’s an agreement to
Crude oil and oil product flows around the Cape of Good Hope increased by nearly 50% in the first five months of 2024 compared to last year’s average as
(Bloomberg) — If there was a universal theme at the parties, presentations and meetings in the world’s shipping capital Athens this week, it’s that
Bunker fuel sales in Singapore have reached record highs as ships take longer routes around the southern tip of Africa to avoid the Red Sea, the U.S. Energy
A.P. Moller-Maersk A/S (APMM) sees worsening port congestion, especially in the Middle East and Asia, and further increases in container freight rates thanks
By Brendan Murray Jun 2, 2024 (Bloomberg) –Never has it been so cheap to inflict a world of economic pain. That stark point was underscored last
By Lisa Baertlein LOS ANGELES, May 31 (Reuters) – Spiking ocean shipping rates, vessel backups at seaports and empty container
By Malte Humpert (gCaptain) – The waters of Russia’s Northern Sea Route – a seasonal shortcut between Europe and Asia – look set to welcome
(Bloomberg) — It’s been four months since a liquefied natural gas tanker has passed through the narrow strait at the southern end of the Red Sea
By Jack Wittels (Bloomberg) — Ships seeking to avoid ongoing attacks by Houthi rebels in the Red Sea area are emitting millions of additional tons
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