
Global shipping industry to face ongoing freight recession through 2024
The global shipping industry has been grappling with a prolonged period of low freight demand throughout this year, and unfortunately, these challenging economic conditions are

The global shipping industry has been grappling with a prolonged period of low freight demand throughout this year, and unfortunately, these challenging economic conditions are

The November Global Shipping Report shows U.S. container import volumes in October 2023 rose by 4.7% from September, reaching 2,307,918 twenty-foot equivalent units (TEUs). This

Danish container shipping company Maersk has announced it will cut more than 10,000 jobs after the financial downturn in the third quarter of 2023, when

In September 2023, global schedule reliability rose by 1.2% points M/M to 64.4%. Apart from the May increase, schedule reliability has been within 2% points

The updated service rotation of the CIP service will be Shanghai (China), Ningbo (China), Shekou (China), Singapore, Port Kelang (Malaysia), Nhava Sheva (India), Karachi (Pakistan),

Supply chain visibility and sustainability, on the other hand, have become less urgent objectives. ASCM assembled a team of experts from a range of industries,

From To 20’ST/RFCurrent rates 40’ST/RF/HCCurrent rates 20’ST/RFNew rates 40’ST/RF/HCNew rates Rotterdam New York US$1,450 US$1,600 US$1,650 US$2,000 Rotterdam Veracruz US$1,813 US$2,026 US$1,915 US$2,126 Rotterdam Montreal

The deputy transport minister, Manaporn Charoensri, asked the Port Authority of Thailand (PAT) to conduct a feasibility study for the cabinet to review. Next, the

Covid-19 and Russia’s invasion of Ukraine have affected container shipping, but have made it more difficult to determine growth dynamics, according to Clarksons’ latest weekly

The global shipping industry has been grappling with a prolonged

The November Global Shipping Report shows U.S. container import volumes

Danish container shipping company Maersk has announced it will cut

In September 2023, global schedule reliability rose by 1.2% points

The updated service rotation of the CIP service will be

Supply chain visibility and sustainability, on the other hand, have

From To 20’ST/RFCurrent rates 40’ST/RF/HCCurrent rates 20’ST/RFNew rates 40’ST/RF/HCNew rates

The deputy transport minister, Manaporn Charoensri, asked the Port Authority

Covid-19 and Russia’s invasion of Ukraine have affected container shipping,