News

According to the US National Retail Federation, in March, import volume at major US container ports was at 1.93 million TEU, up nearly 19% over the same period last year.

The world's second largest container port - Singapore - has experienced a spike in congestion, forcing carriers to extend charter contracts and build container fleets to prepare for the extended peak season.

Spot container freight rates continue to increase sharply due to a combination of factors such as the Red Sea crisis, rising demand, along with bad weather causing congestion and delays at Chinese ports and concerns supply interruption.

Digital transformation helps optimize operations, improve customer experience, and create sustainable business models, according to business leaders in the shipping and forwarding industry.

Jan 2 (Reuters) - Iranian-backed Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea to show their support for Palestinian Islamist group Hamas fighting Israel in Gaza.

Dec 16 (Reuters) - (This Dec. 16 story has been corrected to make clear that the Houthis said they had attacked Eilat, removing the unconfirmed reference to ‘hitting’ the city in paragraph 9. The error was first made in Update 1)

(ĐTCK) At the end of the year, the demand for goods transportation increased, creating growth momentum for businesses in the shipping industry.

In the first half of the year, the consolidated revenue of the maritime "giant" decreased by over 20%. Although the shipping market at the end of the year has changed more positively, it is still poor due to the high number of newly built ships delivered and the gloomy world economic context...

January import volumes at the ten largest US container ports fell 17.9% against the record throughput of January last year, with the biggest declines at west coast ports.

Freight rates for container exports from China continued to decline in the eight week of the year despite transportation capacity adjustments.