July 21, 2025
March 24, 2026
July 21, 2025
Container Rates still retreating : Baltic Exchange
LONDON : Container freight rates from China to the US have dropped over past weeks, returning to pre-tariff levels. FBX01 (China/East Asia – USA West Coast) ended the week on last Friday at $2,328/FEU,
July 19, 2025
PSA Singapore celebrates Nation’s 60th Birthday with container display tribute at Tanjong Pagar Terminal
SINGAPORE : To mark Singapore’s 60th year of independence (SG60), PSA Singapore (PSA) has unveiled a container display featuring the messages “SG60 ♥” and “PSA ♥ SG” at Tanjong Pagar Terminal – Singapore’s first
July 19, 2025
Maersk launches New Caribbean – North Europe (CAX)Service
COPENHAGEN : Maersk are pleased to announce the launch of CAX, a new service that will connect the Caribbean and North Europe. With the aim of enhancing our Latin American ocean network, the new
July 19, 2025
PIL opens new office in Guatemala
GUATEMALA : Pacific International Lines (PIL) has opened a new office in Guatemala to strengthen its business in Central America. “This new office represents much more than a physical space; it symbolises our firm
July 19, 2025
Global Shipping Giants bet big on ULCVs as trade flows evolve
The container shipping sector is entering a period of structural adjustment, as excess vessel capacity, declining freight rates and shifting global trade routes reshape commercial dynamics. According to Veson Nautical‘s Shipping Market Outlook for
July 19, 2025
Drewry: World Container Index down 2.6% last week
LONDON : Drewry’s World Container Index decreased 2.6% to $2,602 per 40ft container this week. For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. If your organisation
July 19, 2025
Baltic Index posts Biggest Weekly Gain in four months on Capesize increase
LONDON : The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, jumped on Friday, posting its biggest weekly gain in over four months, supported by a steady
July 18, 2025
DP World and Asian Terminals Inc deploy first fleet of electric internal transfer vehicles in the Philippines
MANILA : DP World and its strategic partner, Asian Terminals Inc. (ATI) has unveiled a brand-new fleet of 15 electric internal transfer vehicles (eITVs) along with corresponding rapid-charging infrastructure at the Philippines’ premier trade
July 18, 2025