SHIPPING
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WorldACD: Global tonnages show signs of weakening trend
March 31, 2023 - Flown air cargo tonnages unexpectedly softened in the last full week of the first quarter, following a brief period of...
Sea-Intel: Shipping lines record US$95B EBIT in 2022 so far
March 30, 2023 - Major shipping lines continued to post high incomes in 2022, with larger ocean carriers posting larger income margins...
Shippers brace for market bounce
March 30, 2023 - Containerised cargo volumes moved in the deep-sea container shipping market fell a further 2.5% during the final...
Cosco Shipping, Hutchison Ports, PSA and SABIC ink MoU with GSBN to boost eBL adoption
March 30, 2023 - COSCO SHIPPING Lines (COSCO SHIPPING), Hutchison Ports, PSA International (PSA), Saudi Basic Industries Corporation...
Xeneta: Global long-term container rates down by 24% since August 2022
March 30, 2023 - The latest market data from Xeneta revealed that global long-term ocean freight rates have fallen by 24% since their...
Freightos: Some retailers skeptical of H2 rebound as inventories remain high
March 29, 2023 Hopes for a rebound in ocean demand in time for peak season may have dampened a bit this week, according to Freightos,...
ONE, other members of Poseidon complete Atlas Corp acquisition
March 29, 2023 Ocean Network Express (ONE) announced the completion of the acquisition bid for Atlas Corp., owner of Seaspan Corp.,...
Strategic Marine opens new Singapore shipyard
March 29, 2023 Strategic Marine unveiled a new shipyard facility in Singapore on March 29 marked with a handover of Southeast...
Port of Antwerp-Bruges introduces new truck parking to boost green corridor
March 29, 2023 The Port of Antwerp-Bruges has introduced a new Ketenis truck parking which it sees as an impetus for a green corridor....
Hapag-Lloyd launches new WA1 – West Africa Service
March 28, 2023 Hapag-Lloyd has announced a new Container WA1 Service (West Africa Service 1) with a fortnightly frequency, connecting...
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