After the Trump bump, caution on US trade prospects

With the impending inauguration of Donald Trump, returning to the White House, there has been considerable attention focused on questions of what might happen to trade flow, particularly into the United States ...
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Wan Hai Lines orders its largest box ships

Container shipping newbuilding orders continue to flood in with Wan Hai the latest with it contracting its largest vessels yet at Korean yards. The Taiwanese company has ordered up to eight 16,000 teu meth...

ONE and SeaLead launch new Red Sea services

While container services Asia – Europe transiting the Red Sea are rerouted due to Houthi attacks, many other shorter connections continue with new routes added. Both global line Ocean Network Express (ONE) and...

Are container freight rates on a year long slide?

Consultancy Linerlytica says it expects container freight rates to fall by 70% over the next 12 months. Nick Savvides | Aug 27, 2024 The analyst commented in its latest report that lines had faile...

Container freight rates take a breather

The spike in spot container freight rates has flattened off over the last week. Marcus Hand | Jul 12, 2024 The Drewry World Container Index (WCI,) which has been seeing double-digit percentage...

Container rates rise again with more to come

The latest container rate updates show Asia-Europe leading a continuing rise in box rates, with congestion in Asia expected to bring further increases. Gary Howard | Jun 21, 2024 Drewry’s Worl...