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Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...- Saving supply chains from climate shocks is a lure for investorsCompanies are increasingly focused on supply chain resilience. This trend is expected to continue, offering new opportunities and protectin...
- Iran-US war pushes polymer, resin prices up 60%; plastics exporters squeezed despite ceasefireFreight rates jump up to 10x, polymer prices rise 60%, while supply disruptions and supply chain delays strain MSMEs and the sector's expor...
- Air freight rates soar as Middle East conflict blocks trade routesAir cargo costs are soaring by up to 70% on some routes. A conflict in the Middle East is disrupting flights and blocking sea shipments. Th...
- Asia-US sea freight rates set to extend declines amid tariff chaosAsia-U.S. sea freight rates are projected to decrease further in 2025 due to overcapacity and shifting trade routes influenced by tariffs a...
- Trump's China ship fees set to hurt big fishDonald Trump's trade conflict with China is targeting container ships, potentially imposing hefty fees on Chinese-operated or built vessels...
- Trump's reciprocal tariff plan amplifies risk of ocean shipping chaos, executives sayU.S. President Trump's impending announcement of reciprocal tariffs has created uncertainty and concern in the ocean shipping industry, whi...
- Maersk shares jump as US port strike looms, boosting ratesAP Moller-Maersk A/S shares surged up to 4.9% amid concerns that US port labor talks may fail, potentially causing supply-line disruptions ...
- Is Donald Trump's plan to hike tariffs a recipe for inflation or economic revival?Donald Trump plans to increase tariffs on imports if re-elected, which could raise cargo rates and inflation, similar to his previous term....
- US retailers rush holiday imports, fearing strikes and disruptionsContainer imports and freight rates surged in July, signaling an earlier-than-usual peak season for the ocean shipping industry that handle...
- Global shipping-market strain revives fear of inflation comebackJason Starr of Globe Electric witnesses rising container rates akin to the pandemic crisis and Nomura economists warn of inflation.
- Trade routes in turmoil: Why Indian exports are piling up in Colombo and SingaporeAbout 75% of India's transshipped cargo is handled at ports outside India, and the major trade routes connecting India to various destinati...
- Maersk faces significant port congestion in Asia, MediterraneanMaersk faces significant terminal congestion in Mediterranean and Asian ports, causing substantial delays in its vessel schedule.
- Red Sea diversions spew carbon emissions equal to 9 million carsInstead of passing through Egypt’s Suez Canal, hundreds of vessels since mid-December are sailing around South Africa’s Cape of Good Hope —...
- US container shippers slow walk new contracts, eye easing of Red Sea rate hikes, analysts sayIran-aligned Houthi missile and drone attacks on commercial ships in the Red Sea have forced most container carriers to reroute vessels aro...
- Shipping CEO sees ‘green shoots,’ says container rates must riseOcean-cargo firms that haul four-fifths of the global merchandise trade brought in windfall profits in the year 2021.
- 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...
- Vessel shortage makes soaring shipping costs a new energy threatShips are carrying liquefied natural gas, diesel and crude to Europe from further away than usual to replace Russian energy supplies, as th...
- Panama canal vessel queue reflects shipping bottlenecksThe canal saw record amounts of cargo pass through its locks in its most recent fiscal year as an easing of trade restrictions between Chin...
- This startup wants to be Flipkart of logisticsFounded in May 2016, Cogoport is an online logistics marketplace that aggregates ocean and airline freight carriers for exporters and impor...
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