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South Korea-Middle East container shipping costs rose 1.7% in August to $6,544 per 40-foot container, extending gains amid protracted geopolitical conflict, customs agency says.
South Korea-Middle East container shipping costs rose 1.7% in August to $6,544 per 40-foot container, extending gains amid protracted geopolitical conflict, customs agency says.
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Panama Canal restricts daily vessel traffic to 34 from Thursday, further to 32 by Sep 15, due to low water levels; one ship paid record $5.3M for transit
Panama Canal authorities announced that from Thursday (September 3), the number of vessels permitted to pass daily will be restricted to 34, down from the traditional 40. This cap will further drop to
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Chinese container shipping companies are expected to see significant profit growth as freight rates surge to a two-year high.
Chinese container shipping companies are poised for a profitable harvest, consistent with the performance of their regional and global peers. Freight rates have surged to a two-year high.
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Maersk CEO Vincent Clerc states global bottlenecks across Africa, Europe, and China are driving up freight rates and boosting profits, predicting more disruptions in the future.
Maersk CEO Vincent Clerc states global bottlenecks across Africa, Europe, and China are driving up freight rates and boosting profits, predicting more disruptions in the future.
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South Korea-Middle East container shipping costs rose 1.7% in August to $6,544 per 40-foot container, extending gains amid protracted geopolitical conflict, customs agency says.
South Korea-Middle East container shipping costs rose 1.7% in August to $6,544 per 40-foot container, extending gains amid protracted geopolitical conflict, customs agency says.
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Panama Canal restricts daily vessel traffic to 34 from Thursday, further to 32 by Sep 15, due to low water levels; one ship paid record $5.3M for transit
Panama Canal authorities announced that from Thursday (September 3), the number of vessels permitted to pass daily will be restricted to 34, down from the traditional 40. This cap will further drop to
-
Chinese container shipping companies are expected to see significant profit growth as freight rates surge to a two-year high.
Chinese container shipping companies are poised for a profitable harvest, consistent with the performance of their regional and global peers. Freight rates have surged to a two-year high.
-
Maersk CEO Vincent Clerc states global bottlenecks across Africa, Europe, and China are driving up freight rates and boosting profits, predicting more disruptions in the future.
Maersk CEO Vincent Clerc states global bottlenecks across Africa, Europe, and China are driving up freight rates and boosting profits, predicting more disruptions in the future.
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