The global ocean freight market may be considered in a recovery phase…
November 25, 2024
3 minute read
High freight rates put pressure on supply chains, vulnerable economies – UNCTAD
High freight rates are putting pressure on global supply chains, threatening vulnerable…
October 28, 2024
3 minute read
Capacity oversupply to pull down freight rates, says Drewry
Despite the Red Sea crisis buoying up freight rates, looming capacity oversupply…
February 9, 2024
2 minute read
Demurrage fee bleeds shippers as containers pile up
Experts say containers piling up at warehouses amid weak global demand incur…
July 28, 2022
3 minute read
World container rates dip but still up 8%, says Drewry
Drewry’s World Composite Index retreats 1% this week, but still 8% up…
June 18, 2022
3 minute read
‘Chaos’ awaits peak season shipping
‘Chaos’ awaits peak season shipping Forwarders, traders, and shippers expect more disruption…
May 19, 2022
3 minute read
Hapag-Lloyd posts 178% hike in Q1 EBITDA
Hapag-Lloyd posts 178% hike in Q1 EBITDA Transport volume on par with…
May 14, 2022
2 minute read
Hapag profit soars 1,000% to US$10.8B on Asian goods-driven rate surge
Net profit leaps from US$1.07 billion in 2020 on “very strong’ demand…
March 13, 2022
3 minute read
High freight rates blamed on box shipping network dysfunction
Head haul freight rates remain high despite some slowing after surging more…
February 24, 2022
3 minute read
Drewry upgrades box carrier profit forecast to $80B for 2021
Carriers posted a record EBIT result in the first quarter of 2021…
July 12, 2021
3 minute read
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