Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
Hapag-Lloyd has formally declared general average on its fire-stricken Yantian Express.
A fire broke out in a container stowed on the 7,500 teu vessel en route to the Canadian port of Halifax early this month, which spread to other boxes while heavy weather rendered the crew’s fire-fighting efforts fruitless, forcing them to abandon ship.
Ocean-going tugs have spent the subsequent weeks trying to bring the fire under control and the vessel is currently under tow, headed for Bahamas Freeport.
The 2002-built, 320-metre vessel ...
Ocean rates rise after tariff pause acts as 'starting gun' for more front-loading
Carriers react quickly to transpac demand surge, but rates remain muted
Crew saved as MSC box ship, hit by 'monsoon' off Indian coast, sinks
ONE opts for South Korean newbuilds to avoid hefty US port fees
New services and reinstated blanked sailings boost transpacific capacity
News in Brief Podcast | Week 21 | GRIs and European port congestion
Legal challenges for tariffs and de minimis, as EU eyes new ecommerce rules
Air forwarders face financial uncertainty – but 'there are opportunities'
Comment on this article