Strong gains on the transpacific as US imports swell and GRIs begin to bite
Container spot freight rates on the key transpacific eastbound trade have started 2025 with strong ...
As oil prices head north again, ocean carriers are preparing to ramp up low-sulphur fuel surcharges to add to the misery of shippers struggling with sky-high freight rates, surcharges and premium fees.
Since early September, the price of Brent crude has increased by 41%, to $55 a barrel, with an 8% spike alone last week driven by Saudi Arabia’s pledge to cut output.
During the same period, heavy fuel oil (HFO), consumed by ships with exhaust gas scrubber systems, has increased by ...
European port congestion now at five-to-six days, and getting worse
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