On March 9, South Korean shipbuilding giant HD Hyundai announced it had signed a ...
Despite increasing trade policy uncertainty and falling freight rates, the container ship order book has continued to expand. It now totals more than ...
“In 2023, 2.3 million TEU of container ship capacity was delivered, beating the former all-time high by 37%. Year-to-date another record has been set as more than 1 million TEU has already been ...
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 ...
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 ...
Ships are rerouting, air cargo is tightening, and companies are adding new war risk surcharges as the Middle East conflict disrupts supply chains.