Maritime decarbonisation, falling freight costs and declining piracy : Report
LONDON : The international shipping industry has a fundamental role in keeping goods moving around the world, so disruption to the sector can have a detrimental impact on the ability of businesses around the
Freight rates on Indian trades continue to cool amid falling export volumes
MUMBAI : Container freight rates on trades out of India have continued to cool, albeit at a slower pace on shipments to Europe, according to the latest market analysis by Container News. On the westboundEurope to Asia reefer rates falls
OSLO : Freight rates on the Europe to Asia trades have begun to follow the wider container market down after a period of resistance. According to a market update from freight rate benchmarking firm
Ocean shipping rates are collapsing
Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the spring contract renegotiation season, industry experts said. Spot rates,
Container rates confine exports
AHMEDABAD : High ocean freight prices coupled with container and vessel shortage continue to haunt exporters as the spike in shipping costs has taken a toll on exports of several goods. These include low-value
When are shipping rates going to normalize?
McKinsey’s Steve Saxon and Jaana Remes explain why shipping rates haven’t fallen and provide a scenario for what to expect in 2022. If you’re in the United States, you likely feel the impact of logjams
Rate reduction could take 18-30 months, reports Sea-Intelligence
The Danish provider of research & analysis, data and advisory services within the global supply chain industry, Sea-Intelligence has analysed the composite China Containerized Freight Index (CCFI) to see how quickly freight rates could
New rate policy for major ports
NEW DELHI : The Ministry of Ports, Shipping and Waterways has issued the tariff policy to be followed by major port authorities while setting rates for the services rendered by them. A tariff policy