The return of vessel queues outside Singapore, and many other ports for the first time since Covid, points to trouble in the system that transports 45% of global trade by value. At least 6-7% vessel ...
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 ...
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.
The cost to ship goods in containers to Europe from China jumped over the past week as the war in the Mideast disrupts one of ...
The outlook for shipping remains mixed. Cargo growth is weak, but capacity is currently the most important factor to watch. While the container segment is bracing for a flood of capacity, the order ...
The Georgia-based port has approved several projects that will add more container units this year. The Georgia Ports Authority has approved capital improvement projects that will expand shipping ...
Vessels transiting the Red Sea have faced attacks over the past several weeks from Yemen-based Houthis, prompting shipping companies to change routes, leading to a spike in freight rates. Longer ...
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World’s first nuclear-powered container ship design targets 16,000 TEU capacity
On March 9, South Korean shipbuilding giant HD Hyundai announced it had signed a ...
As the container shipping industry continues to boom, companies are adopting new technologies to move cargo faster and shifting to crewless ships. But it’s not all been smooth sailing and the future ...
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