In the second quarter of 2021, A.P. Moller – Maersk continued to deliver strong growth and profitability, with record-breaking performance marking the 12th quarter of… Read More »Maersk Enjoys 58% Revenue Growth in Q2, Thanks to Volume Rebound, Freight Rate Increase
There is no COVID-era surge in global cargo demand. There’s a lengthy albeit temporary spike in congestion compounded by a localized, stimulus-and-savings-driven demand boom in… Read More »Global Demand Isn’t Booming. So Why Are Shipping Rates This High?
In recent years, satellites have become a crucial ally for cargo ships, submarines, and other maritime vessels. When land communications are down, due to issues… Read More »SatComms in The Cargo Ship Industry: How Can It Improve Efficiency And Connectivity?
Container freight rates continue to break records, with new data showing a further massive spike on the key Asia to Europe and Asia to US… Read More »Freight Rates Continue To Rocket With No End In Sight To Container Crisis
Container shipping costs in Việt Nam have increased fourfold, even eightfold on certain high-demand routes compared to pre-pandemic levels, the latest logistics report by SSI… Read More »Vietnam: Higher shipping costs are here to stay despite exporter agony
In July, BIMCO published its Automatic Identification System (AIS) Switch Off Clause for Time and Voyage Charter Parties 2021, representing the latest in a string… Read More »Sanctions pressure prompts tracking action
Container shipping lines are continuing to add new services to eastbound trans-Pacific trade lanes as strong demand and record high freight rates attract more carry… Read More »Container shipping lines launch new trans-Pacific services as record rates pull in capacity
Container shipping rates from China to the United States have scaled fresh highs above $20,000 per 40-foot box as rising retailer orders ahead of the… Read More »China-U.S. container shipping rates sail past $20,000 to record
“With your approval, and on the basis of our Northern Sea Route project, we would like to start the development of a great transport corridor… Read More »Northern Sea Route developer pleads Putin to approve big plan for Arctic container shipping
Risavika LNG was at 45.53 EUR/MWh, which was 2.3 % lower than 2 weeks ago. European gas markets continue being volatile with bullish sentiment prevailing… Read More »Maritime Market Update: Shipping To Be Included In The European Union Emissions Trading System
