A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak shipping season, coupled with the ...

The container shipping market has become used to cyclicality over the decades, and it experienced an unprecedented peak in 2021 and 2022 with record rates and profits for liners. But with consumers ...

The return of vessel queues outside Singapore, and many other ports for the first time since Covid, points to trouble in the system that transports 45% of global trade by value. At least 6-7% vessel ...

Maersk now expects a possible decrease in worldwide container volumes for 2025 on the backdrop of U.S.-levied tariffs on global trading partners and a trade war with China. While the ocean carrier ...

Standard shipping container exterior showing width and structure commonly used for residential container home projects. The company provides clarification on shipping container dimensions relevant to ...

Consumers gearing up to buy the latest imported appliances, clothes or electronic gadgets this holiday season might want to spare a thought for the companies that will struggle to make money for the ...

In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEU, beating the previous record from 2015 when 1.7 million TEU was delivered. “The 2023 record is now likely ...

In this article, we will be taking a look at the 15 biggest shipping companies in the world in 2024. Before diving into the list, let’s first take a look at the current state of the shipping industry ...

An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...