OceanX: Bonus time for carriers; Asia-Europe rate wars; record volumes
The wheels of our industry keep turning.
The agreement between ILA and USMX regarding US Gulf & East coast…
Browsing Tag
sea
Cosco to play a major role in China’s container hub ambitions for Yangpu Port
China’s Yangpu Port, on Hainan Island, is set to become another container shipping hub for state-owned group Cosco.…
‘Licking wounds’
When the wind blows, good news need not always be bad news for markets.
That was the brave narrative promoted by…
News in Brief Podcast | Week 2 | Trade war, Chinese New Year and suspended strike…
In this episode of The Loadstar’s News in Brief Podcast, host and news reporter Charlotte Goldstone recaps last…
USEC dispute end comes too late to stop transpacific spot rate climb
Container spot freight rates on the main east-west trades continued on divergent paths this week, with gains on the…
Are UK businesses ready for safety and security declarations for EU imports?
Alex Pienaar, HM Revenue and Customs’ (HMRC) director of customs policy & strategy, explains what the new…
Global revenues soar, but loss of steam for OOCL’s Asia-Europe trade
Hong Kong-headquartered container shipping line OOCL today issued its fourth quarter 2024 operational update,…
Global Coral Bleaching: NOAA Reports Unprecedented Phenomenon
NOAA scientists reported a stark warning as the world grapples with an unprecendented phenomenon: the fourth global…
Potential Vessel Overcapacity Looms Amid Red Sea Crisis
Potential Vessel Overcapacity Looms Amid Red Sea Crisis, despite some carriers welcoming new additions to their…
Suez Canal Revenues Decline 40% Amid Red Sea Conflict
The revenue of the Suez Canal witnessed a significant 40% decline, according to the Suez Canal Authority (SCA)