Shipping shows signs of panic as Houthis menace key trade laneIran-backed Houti militants in Yemen have been firing drones and missiles at ships passing by the country’s waters, roiling global trade.
09 Jan, 2024, 09.55 AM IST
Ships across the world face a hefty $3.6 billion climate billUnder the regulation, which takes effect Jan. 1, vessels going into and out of EU ports must pay for their carbon pollution, affecting deli...
22 Nov, 2023, 09.21 AM IST
Container ship count in US waters falls by halfGlobal consumer demand is slowing due to weaker economic growth and inflation, which is leading to fewer vessels needed to ship goods from ...
14 Mar, 2023, 09.52 AM IST
Shipping-cost drop a ‘smoking gun’ foretelling inflation to coolThe cost of shipping a container from Asia to the US peaked at $8,585 in March last year and has since plummeted to $1,200 — the lowest sin...
25 Jan, 2023, 09.47 AM IST
Labor scarcity is a bottleneck that’s here to stayThe lack of qualified workers for US factory floors was a topic of concern before the pandemic and now it’s an emergency.
02 Nov, 2022, 10.22 AM IST
Ships delay sailing to Taiwan port to avoid China drill zoneShip owners, worried about the possibility of missile strikes, are choosing to idle vessels and burn extra fuel until the drills pass.
06 Aug, 2022, 10.33 AM IST
Shanghai port rebounds as lockdown loosens but backlog remainsAs firms reopen there will be a rush to purchase raw materials, and then a flood of finished goods leaving factories as companies try to ma...
27 May, 2022, 09.33 AM IST
Shipping insiders caution against new capacity as prices surgeThe container shipping market is experiencing one of its best years as a perfect storm of Covid-driven purchasing demand, port congestion a...
17 Sep, 2021, 09.38 AM IST
Ships skip Singapore as China congestion snarls supply chainThe disruption is causing further pain for global shippers already struggling with interruptions to supply chains from the pandemic, and th...
12 Jun, 2021, 09.46 AM IST
Maritime consultancy Drewry says breakbulk shipping market is expected to remain weakA report put out by the consultancy stated that although demand growth is expected to recover next year after a very poor 2015.
21 Dec, 2015, 05.33 PM IST
Shipping industry may confront another deluge of overcapacityHowever, a slight pick up on the back of recovery in global trade and economy recently have lifted hopes and freight rates in the shipping ...
02 Apr, 2014, 05.29 AM IST
- International Maritime Organisation's new emission norms to hurt shipping companies
Indian shipping companies, reeling under low freight rates and high fuel prices, will face further cost pressure due to new emission norms
06 Sep, 2011, 07.09 AM IST
- DP World becomes third-largest ports company
Dubai Port World (DP World) has become the world's third-biggest ports operator with 50 terminals and 11 new developments across 31 countri...
06 Sep, 2010, 02.07 AM IST
- Drewry hopeful of global container cargo growth
London-based Drewry Shipping Consultants said the industry will know more if the world recession is on the run in the next six weeks after ...
12 Jul, 2010, 12.32 AM IST
- Drewry punches holes in box recovery story
Drewry Shipping Consultants' latest Container Forecaster has identified a number of weaknesses in the ocean liner industry that banish hope...
20 Jul, 2009, 02.39 AM IST
- Drewry draws a bleak 2009 for shipping
Drewry Shipping Consultants has painted an alarming picture of global shipping in its latest quarterly Container Forecaster. The current ye...
19 Jan, 2009, 12.19 AM IST
- Shortage of seafarers to worsen in future: Drewry Consultants
A new study by Drewry Shipping Consultants has sounded the alarm that the shortage of seafarers will worsen in the years to come.
26 May, 2008, 12.00 AM IST