FREIGHT NEWS
18/01
2024
The Port of Singapore handled 39 million TEUs in 2023, showcasing a 4.6% increase compared to the previous record of 37.57 million TEUs in 2021.
11/01
2024
COSCO-owned Orient Overseas Container Line (OOCL) has seen a huge 49% decrease in its fourth quarter revenues, compared to 2022 Q4, reporting US$1.62 billion.
11/01
2024
Maersk has unveiled new peak season surcharges worldwide, which are going to take effect in January and February.
29/12
2023
Throughout November 2023, Port Houston managed nearly 3.5 million TEUs, reflecting a 5% decrease compared to the record volumes of the previous year.
29/12
2023
CMA CGM is about to surpass Mediterranean Shipping Company as the largest intra-Mediterranean operator, according to Alphaliner.
27/12
2023
After a long streak of declining trends, container freight rates on major trades out of India have begun to rise amid carrier routing disruptions through the Suez Canal, according to the latest market analysis by Container News.
22/12
2023
The Port of Oakland reported a 6.8% drop in its container volumes in November, handling 132,648 TEUs.
19/12
2023
Drought in Panama and war around the Red Sea and Suez is a slow-burning but developing crisis for the container shipping industry as both canals become choke points that could see freight rates double.