The container shipping market has become used to cyclicality over the decades, and it experienced an unprecedented peak in 2021 and 2022 with record rates and profits for liners. But with consumers ...
An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...
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 ...
Global freight rates and capacity availability are key indicators of economic activity, with sea transport accounting for around 90% of global trade. Despite assumptions that a surge in capacity would ...
In recent years, market analysts have considerably widened the parameters they track to assess growth in countries, regions, and globally as far as container shipping goes. One often-overlooked ...
BUCHAREST, June 18 (Reuters) - DP World Romania has more than doubled its container shipping operating capacity in the Black Sea port of Constanta following investment that will also boost cargo and ...
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 ...
China could be creating Asia’s biggest container shipping company through a merger of two titans. But the plan doesn’t address the central issue confronting the industry for at least five years now: ...