
Freight Rates from Asia Spike 53% in a month amid Red Sea attacks
Freight rates from Asia have spiked 53 per cent in a month depending on the route plus container shipping giants and oil super major British

Freight rates from Asia have spiked 53 per cent in a month depending on the route plus container shipping giants and oil super major British

The sector is adjusting after a period of growth driven by geopolitical tensions, including the Russia-Ukraine war, and a surge in demand from China in

According to logistics giant Kuehne+Nagel, 103 container vessels are rerouting from the Red Sea around Africa. Companies are also starting to look at using rail

Container lines will use a variety of methods to minimise losses due to the oversupply of vessels in 2024, according to Philip Damas, managing director

Hong Kong-based shipping company OOCL has suspended shipments to and from Israel in response to the rising threat to commercial shipping in the Red Sea.

German container line Hapag-Lloyd has announced the following new general rate increase (GRI) / general rate adjustment (GRA) from India and Pakistan to the East

From 1 January, BAF tariffs have been revised substantially upwards across trade lanes while they vary widely from carrier to carrier. For example, CMA CGM’s

A new report from independent UK consultancy UMAs seeks both to quantify some of the potential costs and contribute to the discussions by highlighting the

Liner operators continue to struggle with a worsening supply/demand balance, affecting freight rates. On average, the fleet has grown 5% and 19% compared with 2022

Freight rates from Asia have spiked 53 per cent in

The sector is adjusting after a period of growth driven

According to logistics giant Kuehne+Nagel, 103 container vessels are rerouting

Container lines will use a variety of methods to minimise

Hong Kong-based shipping company OOCL has suspended shipments to and

German container line Hapag-Lloyd has announced the following new general

From 1 January, BAF tariffs have been revised substantially upwards

A new report from independent UK consultancy UMAs seeks both

Liner operators continue to struggle with a worsening supply/demand balance,