Ningbo Ocean Shipping Company (Nbosco) has unveiled plans to invest CNY 2.7bn ($390m) on the construction of six feeder ...
As logistics providers look for the greenshoots of spring’s business revival, ocean shipping is seeing a range of changes weighing on the outlook for the maritime supply chain. The post Rip tide of ...
A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. Stream Los Angeles News for free, 24/7, wherever you are.
With 158 vessels carrying approximately $105 billion in ocean freight being diverted away from the Red Sea amid the risk of continuing Houthis' attacks, cargo prices are soaring. Just when Covid ...
Shipping analysts say ocean freight traffic is poised to remain at a high level through the end of the year; containers could become scarce in North America. Consulting firm Xeneta says in part “there ...
Online shipping platform Container Xchange also says ocean freight rates rose dramatically on some routes between November 2023 and this February. Persistent Red Sea attacks continue to lead to shifts ...
U.S. Coast Guard officials are closely monitoring yet another precarious situation involving a cargo ship at the Port of Long ...
LONG BEACH, California (KCAL, KCBS) -- An apparent accident involving a cargo ship at the Port of Long Beach left a mess in the ocean on Tuesday morning. Aerial footage captured around 10:30 a.m.
Two large container ships linked to China’s state-owned Cosco Shipping Corp. attempted to exit the Persian Gulf on Friday ...
A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak shipping season, coupled with the ...
With the Red Sea diversions by shipping companies including Maersk continuing amid the risk of attacks by the Houthis, global logistics managers are faced with a two-front storm of rising ocean and ...
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