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Tag: Global Shipping

Shipping freight rates hit all-time high—why the boom won’t fade soon

Export - Import
LONDON: The global shipping industry has reached unprecedented earnings levels, with the ClarkSea Index hitting a historic high of $64,569 per day. This figure...

Ocean container shipping rates could test record highs as Iran war fuel spike drives rise, analysts say

Export - Import
LONDON : The off-contract ocean container shipping rate from China ‌to the U.S. East Coast has returned to levels seen after COVID-19 upended global...

Global container throughput breaks 1 billion TEU as smaller ports outpace the giants

Container Shipping
SINGAPORE : Global Container Port throughput crossed the 1 billion TEU mark for the first time in 2025, while faster growth outside the world’s...

Renewed attacks on international shipping in the region are “indefensible” : IMO Secretary-General

International Shipping
LONDON : IMO Secretary-General of the International Maritime Organization (IMO), Mr. Arsenio Dominguez, issued the following statement,: “I unequivocally condemn the latest reported attacks on international shipping in the...

Global Shipping firms warn of rising trade costs amid route disruptions

Global Trade
LONDON : Global Shipping companies are facing mounting costs and capacity constraints as trade disruptions force cargo operators to rely on alternative routes, raising...

PM Modi meets Maersk Chairman in Gothenburg; Focus on Maritime Logistics, Port Infrastructure and Green Shipping Cooperation

Business
GOTHENBURG : Prime Minister Shri Narendra Modi met Mr. Robert Maersk Uggla, Chairman of Maersk, in Gothenburg, holding wide-ranging discussions on expanding investments and...

Global Shipping Lines eye India’s expanding Multimodal Logistics Infrastructure

Global Trade
NEW DELHI : India’s evolving logistics landscape and the growing emphasis on integrated supply chain infrastructure are drawing heightened interest from global container shipping...

UK and France to co-host 40-nation summit to restore shipping in Strait of Hormuz

Global Trade
LONDON : UK and France will host a 40-nation summit this week to restore navigation in the Strait of Hormuz as global shipping disruptions...

Fitch Ratings: Global Shipping Outlook Is Deteriorating in 2026

International Shipping
LONDON: Fitch Ratings has maintained its deteriorating outlook for the global shipping sector, reflecting geopolitical and policy risks, according to an Outlook report released...

Global Shipping lines make a beeline to reflag their ships in India

International Shipping
COPENHAGEN : International shipping majors are making a beeline to register their ships under the Indian Flag. Denmark shipping major A.P. Moller - Maersk...
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