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SIMON HEANEY
Shipping firms face tough 2026 as reopening of Red Sea loomsGlobal container liners anticipate reduced profits in 2026 as the potential Red Sea route reopening threatens to depress freight rates. Ana...- Trump, Xi agree to pause dueling port fees that disrupted tradeAmerica and China have agreed to halt escalating fees on each other's ships. This pause lasts for one year and impacts billions in annual f...
- China eyes Arctic shortcut as top container lines stay awayChina explores the Northern Sea Route for cargo. Major shipping companies like MSC and Maersk avoid this Arctic passage. They cite environm...
- World’s idled container ships signal bet on China recoveryA slowdown in consumer demand — driven by weaker economic growth and higher inflation — is translating into fewer vessels needed for shippi...
- Weaker demand for goods from Asia marks end of shipping bonanzaIn what’s typically the peak season for seaborne trade, global demand for Chinese goods is waning instead as consumers cut back spending be...
- Expect more shipping chaos as Omicron forces transport workers to quitThe workers are facing weeks of quarantine combined with the fears of getting sick. This is leading to people refusing to take on work.
- Supply chain crisis risks taking the global economy down with itBehind the logjams lies a mix of overloaded transportation networks, shortages of labor at key chokepoints, and demand in the U.S. that’s b...
- Port gridlock stretches supply lines thin in blow for economiesAs the Big Crunch of 2021 has repeatedly demonstrated, a bottleneck in one corner of the globe eventually exacerbates a logjam or compounds...
- 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...
- Shortage of new shipping containers adds to global trade turmoilThe problem resembles those in the car industry, where auto makers cut computer chip orders early in 2020 expecting a slump in sales, only ...
- Exporters are taking unusual steps to ease container shortageAmong other things, Container Corp is moving containers to neighbouring countries such as Sri Lanka and Bangladesh to help ease the shortag...
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