News
No slack season, no easing of spot rates, as cargo pours out of Asia
Shippers are resigned to the probability that container spot freight rates from Asia will remain at their current high levels for some time after Chin...
Global shipping industry’s strong performance in 2020 set to continue
Although the container shipping industry was hit hard by the pandemic in the first half of 2020, the industry managed to stage a turnaround to become ...
Hapag-Lloyd Forecasts ‘Very Strong’ First Quarter
Hapag-Lloyd expects operating profit to more than triple in the first quarter of 2021 on “exceptionally” strong demand for container trans...
Maersk Essen loses 750 containers, sails for Mexico
It’s happened again. Hundreds of containers carrying goods such as furniture, fitness equipment and electronics have fallen overboard from a Cal...
Surging Shipping Rates Add New Headwind for the Global Economy
Shocks to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle Asia’s trade-led recov...
