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 ...
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World’s first nuclear-powered container ship design targets 16,000 TEU capacity
On March 9, South Korean shipbuilding giant HD Hyundai announced it had signed a ...
The Georgia-based port has approved several projects that will add more container units this year. The Georgia Ports Authority has approved capital improvement projects that will expand shipping ...
The outlook for shipping remains mixed. Cargo growth is weak, but capacity is currently the most important factor to watch. While the container segment is bracing for a flood of capacity, the order ...
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 ...
The cost to ship goods in containers to Europe from China jumped over the past week as the war in the Mideast disrupts one of ...
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