#Cargo
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...
Containership Charter Market Coming Back to Earth
There’s been a lot of speculation about when and how fast the container shipping market would return to pre-pandemic norms. Today there is more hard data indic...
Global Cargo Market Softening Points to Gloomy Christmas
Global trade bellwethers like FedEx and Cathay Pacific Airways. have cast a pall over the year-end holiday shopping season – the business slowdown they’r...
Shipping rates plunge as experts say 'unprecedented' boom has peaked
Ocean shipping rates on major trade routes have fallen by more than half since the beginning of this year, a potential sign of easing inflation pressures and allevia...
Empty Containers Will Overwhelm Ports in 2023 Warns Sea-Intelligence
Ports around the world have been complaining for nearly a year about the build-up of empty containers blaming the containers piling up in their yards as contributing...
Key spot container freight index rate falls 10% in a week
The bell weather SCFI as of 9 September stands at 2,562.12 points down 285.5 points on the level published on 2 September, a drop of 10%. The 10% fall in the contain...
Boxship charter market cools
With global liner CEOs increasingly saying the market is cooling, there’s also been a noticeable pullback in the containership charter market. Sentiment is...
01 September 2024
Container Prices Double, Leasing Rates Triple in China
04 September 2024
Maersk sets new bar with shipping’s first climate target validation
06 September 2024
Port of Los Angeles Reports Another Busy Month for Cargo Volumes
09 Agustus 2024