News
MSC’s Second Eco-Friendly 24,116 TEU Ship Undocked
The vessel, often referred to as the world’s largest container vessel until now, was reportedly seen undocked on 1 August at the Changxing Shipbuilding Base....
Container shipping to hit bottom in mid-2023 forecasts HSBC
Parash Jain, Head of Shipping & Ports & Asia Transport Research, was one of the first to flag a sharp decline ahead in container shipping’s fortun...
OOCL Kicks Off Another Turbo
The Q3 ocean carrier reporting season has kicked off with OOCL’s third-quarter turbo-charged operational numbers. This bellwether data is confirmation that...
Shipping giants are still rolling in cash — but time is running out
We’re back into the shipping world this week on MODES. I spoke with FreightWaves’ own Greg Miller, our senior editor of maritime transportation. ...
IATA: Air cargo market stable despite latest decline
IATA said the air cargo market is stable despite demand falling for the sixth month in a row in August. The airline association’s latest data shows tha...
Maersk CEO: Holiday Shipping Won’t Save Carriers’ Christmas
A.P. Moller-Maersk’s chief executive said on Thursday he expects a “modest” pick-up in trade for the upcoming holidays this year amid concerns abou...
Container Shipping Turning Point? Long-Term Rates Start to Slide
Long-term contract rates in container shipping fell for just second time this year in September in what is now the latest sign that the sector’s pandemic-...
World’s largest container line MSC enters air cargo market
The world's largest container shipping company, MSC Mediterranean Shipping Company SA aims to enter the air freight market, starting the development of a ne...
Baltic Dry Index Jumps 11% on Strong Demand Across Vessel Segments
The Baltic Dry Index is now up almost 80% from its 52-week low of 965 points recorded on August 31st. Sept 20 (Reuters) – The Baltic Exchange’s main s...
Freight fall corners operators with costly charters
Crumbling container freight rates have taken their toll on the newer and smaller players in the liner shipping industry, as their current earnings are insuffici...
06 January 2025
Hurricane Beryl trims cargo volumes in Houston and New Orleans
25 January 2025
Container freight rates tumble
08 February 2025