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Felixstowe port strike could result in $800mn lost trade: Russell

16 Aug 2022 10:30 AM GMT
Clothing ($82.8mn) & electronic components ($32.3mn) to be impacted by the strike, says Russell Group in its analysis.

CMA CGM lowers freight rates to support French households

1 July 2022 10:30 AM GMT
Reduction of €500 per container for all imports to France and overseas territories.

World Shipping Council blasts U.S. Ocean Shipping Reform Act

14 Jun 2022 12:32 PM GMT
"We are appalled by continued mischaracterisation of the industry by U.S. govt representatives"

Drewry's WCI drops 4%; spot rates continue rally, says Xeneta

24 March 2022 1:29 PM GMT
The World Container Index, however, remains 74% higher than a year ago.

Bunker rate up 20% in 1 month, freight rates showing mixed trend

4 March 2022 10:49 AM GMT
In Singapore and Fujairah, price zoomed to $904/mt and $918/mt, respectively.

All major carriers suspend Russia bookings

2 March 2022 3:04 AM GMT
Carriers to accept and screen bookings for essential goods such as food, medical equipment and humanitarian goods.

Long Beach handled lesser containers in Oct, freight rates steady

12 Nov 2021 7:42 AM GMT
Port of Long Beach handled 789,716 TEUs in October 2021, down 2.1 percent from October 2020 but still the second-busiest October on record. 
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