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 ...

On March 9, South Korean shipbuilding giant HD Hyundai announced it had signed a ...

The container shipping market has become used to cyclicality over the decades, and it experienced an unprecedented peak in 2021 and 2022 with record rates and profits for liners. But with consumers ...

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 ...

Maersk now expects a possible decrease in worldwide container volumes for 2025 on the backdrop of U.S.-levied tariffs on global trading partners and a trade war with China. While the ocean carrier ...

Capacity and its deployment dominate the outlook for shippers this year as they digest the impact of tariffs, the potential rebound in Red Sea traffic and the introduction of the new alliance Gemini, ...

An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...