shipping News

India Exports grow

India’s goods exports in June grew 2.55 per cent year-on-year to $35.2 billion. There was continued demand recovery in key export markets such as the US...
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Posted on July 18, 2024

Global ocean freight demand to grow

Worldwide ocean freight demand and supply are projected to grow by 2.5 per cent and 6.5 per cent respectively this year, according to an Ocean Freight Ship...
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Posted on July 16, 2024

Vietnamese shipping containers

Container leasing companies everywhere are buying international-standard containers produced in Vietnam, because of the global container shortage driving u...
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Posted on July 9, 2024

Container shortage may increase sea freight rates

There are fears that the lack of empty containers, the disruptions caused by Red Sea pirates and rising transport demands could push up sea freight rates t...
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Posted on June 26, 2024

Vietnam Sea freight costs

The Vietnam Maritime Administration (Vinamarine) is aksing for measures to minimise impacts of skyrocketing sea freight costs on imports and exports. Vi...
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Posted on June 25, 2024

Citrus exports from South Africa

One of South Africa’s first citrus fruit export shipments of the 2024 season is expected to arrive at the Port of Philadelphia in the USA this week. A...
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Posted on June 3, 2024

Plans ‘Green Shipping Corridor’ Between UK and Ireland

The UK’s second-largest port owner, and renewable energy and maritime specialists, NatPower Marine, have announced their plans to establish the first “...
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Posted on May 28, 2024

New logistics and freight yard

A new logistics and freight yard adjoining Southampton Container Terminal is expected to give a significant extra competitive edge to cargo and haulage ope...
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Posted on May 20, 2024

Waste plastic exports hit low volume

Exports of recovered plastic from the U.S.A have been on a downward trend for the past few years. In 2023, the amount exported totaled less than one fifth ...
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Posted on April 19, 2024

Garment exports problems from Bangladesh

Garment export shipments from Bangladesh are showing fresh concerns after tension increased between Iran and Israel. This increased pressure on the global ...
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Posted on April 18, 2024

China-Europe rail freight

Freight forwarders are using rail services between China and Europe, as a freight transportation alternative because of disruption to international shippin...
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Posted on April 13, 2024

Sea freight rates falling but shipping lines have concerns

Earlier in the year, disruption to international sea freight caused by the Red Sea crisis pushed container rates to their highest levels in almost a year a...
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Posted on March 28, 2024

Increase in container shipping imports from China into Mexico

There has been a massive increase in container shipping imports from China into Mexico. Increase in demand for container shipping imports from China int...
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Posted on March 27, 2024

Chilean cherries 10% costlier but fewer import

The prices of Chilean cherries are 10% higher this year in Vietnam due to lower import volumes. A VnExpress survey this week found that most of the import...
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Posted on February 28, 2024

French shipping line’s revenue declines

A French shipping Group has announced a significant decline in net income, falling by 85% to $3.64 billion for the fiscal year 2023 compared to $24.88 bill...
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Posted on February 19, 2024

British International Freight Association welcomes decision on container shipping rules

The UK’s Competition and Markets Authority (CMA) will not recommend to the Secretary that the current Consortia Block Exemption Regulation (CBER) should ...
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Posted on February 15, 2024

China to Europe exports re-routed

Freight forwarders who organise the shipment of goods — have reported a sharp increase in enquiries and bookings for rail freight to Europe via Russia. ...
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Posted on February 2, 2024

Red Sea crisis pushes freight rates

A major world shipping company has paused all transits through the region ‘for the foreseeable future’ and ocean freight shipping rates continue to inc...
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Posted on January 8, 2024

Israeli cargo avoiding Red Sea

One of the world's largest shipping firms said it would no longer carry Israeli cargo via the Red Sea. The shipping line said: "For the safety of ships ...
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Posted on December 19, 2023

Shipping re-routes after Red Sea Attacks

The threats to shipping around Egypt’s Suez Canal may increase freight rates from Asia to Europe or to the US East Coast as ships take alternative, longe...
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Posted on December 18, 2023

Railf Freight Trains halved in 2023

Rail freight volumes along the 'New Silk Road' decreased by around 50 per cent this year. According to the operator, the drop was already visible within th...
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Posted on December 13, 2023

Strike closes St Lawrence Seaway freight corridor

Shipping on the St Lawrence Seaway between Montreal and Lake Erie stopped on Sunday after 361 workers in the Unifor labour union in Ontario and Quebec walk...
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Posted on October 25, 2023

Australian Backs Coastal Shipping

A newly-released report in Australia makes recommendations on shipping policy and regulatory reforms which could improve commercial conditions for Australi...
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Posted on October 16, 2023

China-Europe freight trains energize connectivity and commerce –

The China-Europe freight train network traverses remote frontiers along the Eurasian landmass. According to the Chinese media, shipping freight by ra...
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Posted on September 25, 2023

Ocean freight rates hit two-year low

Global long-term shipping rates sank to a two-year low in July, a fall of 9.5% since June, adding to a deep collapse that started last year. Freight rates ...
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Posted on August 1, 2023

Improving service from shipping lines

Importers who had difficulties with restricted shipping capacity and soaring freight rates during the COVID-19 pandemic are finally seeing some relief on t...
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Posted on June 29, 2023

Container rate war

Container carriers are involved in a freight rate battle, according to one leading analyst, while other experts remain cautious about labelling today’s d...
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Posted on May 15, 2023

Mannheim and Rotterdam logistics

The ports of Mannheim and Rotterdam have agreed to increase cooperation in making the logistics chain between the two ports more sustainable and digital. ...
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Posted on May 2, 2023

Shipping industry and green fuels

A report into sea freight decarbonisation shows that a third of shipping industry leaders have taken no action on switch to green fuels by 2050. Respond...
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Posted on May 1, 2023

Indian Exports take massive hit

Despite a fall in freight charges, exports across most sectors have fallen short of last years’ levels in the corresponding period. Exporters said fre...
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Posted on March 9, 2023

Shipping company warns of falling demand

A major shipping company has warned of a steep drop in demand so far this year, lengthening a downturn that led to a more than halving of their quarterly p...
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Posted on March 3, 2023

Shipping containers ablaze at Iskenderun Port Turkey

Hundreds of shipping containers were on fire at Turkey's Iskenderun Port on Tuesday, which shut down operations and forced freight lines to divert vessels ...
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Posted on February 10, 2023

Big shipping firms in Vietnam show record profits

Three major shipping companies reported their highest ever profits for 2022, in spite of freight charges falling by over 80% from their peak during the Cov...
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Posted on February 7, 2023

Kenya rice millers protest about access to duty free imports

Rice millers in Kenya have protested they lockout are not allowed to import the commodity under the duty-free window. The Agriculture Ministry has allow...
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Posted on February 3, 2023

Shipping to give something back

A Norwegian shipowner has called for ship owners to give something back after making money from the disruption caused by war. The company has donated a ...
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Posted on January 31, 2023

Factory closures in China

According to shipping and freight industry leaders, shutdowns for the Chinese New Year and China’s Covid-19 outbreak are expected to cause renewed supply...
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Posted on January 26, 2023

Reefers instead of air freight for flowers

Modern refrigerated and controlled-atmosphere containers may facilitate a modal shift in the cut-flower market. Until now flowers were almost exclusively h...
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Posted on January 24, 2023

Japan to test new freight routes

The Japanese government is planning to work with domestic companies to test new international supply routes, aiming to diversify freight options in respon...
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Posted on January 11, 2023

Container shipping lines value declines

Shares in container shipping which surged after the Covid-19 pandemic, are falling with concerns about an economic downturn and lower freight rates that ha...
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Posted on January 7, 2023

Shipping lines softening contract conditions

Shipping lines are tempting shippers with a wide range of new, flexible, long-term contract options this year. There have been complaints of being “burn...
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Posted on January 4, 2023

High demand remains for air freight forwarding

The vice president of an air shipping company in Azerbaijan declares that 2022 was a successful year. He says it was a year of stabilization for freight t...
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Posted on December 22, 2022

Russian coal exports to EU

Russian exports of coal have increased substantially, after the EU softened sanctions for European shipping companies. A fifth package was of Russian ...
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Posted on December 13, 2022

Falling freight rates on east-west container lanes

New entrants on the main east-west container routes are suffering, due to plummeting spot rates and very high charter rates. Some shipping lines are giv...
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Posted on December 8, 2022

Shipping Company predicts lower profits

A shipping company based in France said on November 25 that weakening demand for freight transport and gloomier economic prospects are damaging profitabili...
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Posted on November 28, 2022

China adds over 100 new container shipping routes

The major sea ports of China are opening up more than 100 new container shipping routes this year. The country's imports and exports may grow 6 percent ...
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Posted on November 25, 2022

Bangladesh Vegetable exports dip

Bangladesh's income from vegetable exports fell to a six-year low in the July-October period of the current fiscal year. High air-freight rates and increa...
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Posted on November 15, 2022

Shipping sector COP27 pledge

The UK government has announced that it made a major pledge alongside the US, Norway, and the Netherlands to roll out zero-emission shipping routes between...
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Posted on November 14, 2022

Freight Companies and decarbonisation

According to a recent report, 85% of freight and shipping companies which have fleets which will be unable to operate in a low-carbon future. Only 7% of t...
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Posted on October 28, 2022

Shipping Rates slip

The Baltic Exchange’s main sea freight index, which tracks freight rates for ships carrying dry bulk commodities, fell for a third straight session last ...
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Posted on October 12, 2022

Cost of freight shipping drops

The cost of shipping goods from China has fallen to the lowest level in more than two years; container carriers recorded record profits during the pandemic...
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Posted on October 3, 2022
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