Asia-Europe container freight collapses to multiyear Lows
NEW YORK: The third quarter of 2025 marked a dramatic reversal for the European container freight market, with spot rates sliding steadily to their lowest levels since late
Maritime war risk premium could rise if Israel-Iran conflict escalates
LONDON : Maritime war risk premium in the Middle East could increase if the Israel-Iran conflict escalates following the latest Israeli attacks, market participants said June 13. “It
Shippers unlikely to return quickly to Red Sea after ceasefire
NEW YORK : Major shipping companies are likely to take their time before fully resuming transits through the Red Sea, waiting to see if a ceasefire announced May
India, Sri Lanka see weak bunker fuels demand in Nov: Traders
MUMBAI : Bunker markets at Mumbai saw a fall in demand for bunker fuels due to the inconsistency in availability of supplies at the port, while despite plentiful
British Columbia ports head toward lockout as labor talks stall
LONDON : British Columbia ports head toward a lockout on Nov. 4 as negotiations between the International Longshore and Warehouse Union (ILWU) Local 514 and the British Columbia
Trump presidency seen as bullish for tanker rates in US, Middle East; Russia wild card
WASHINGTON D. C. : A second Donald Trump presidency could push up tanker rates in the Middle East and the US Gulf while ushering in great uncertainty over