Inflation is easing globally except for soaring cargo costs on high seas, with spot rates for shipping containers to US and Europe tripling...

Singapore's port faces congestion due to vessel diversions to avoid Red Sea attacks by Houthi rebels, impacting global supply chains and ca...

Iran-backed Houti militants in Yemen have been firing drones and missiles at ships passing by the country’s waters, roiling global trade.

Under the regulation, which takes effect Jan. 1, vessels going into and out of EU ports must pay for their carbon pollution, affecting deli...

A slowdown in consumer demand — driven by weaker economic growth and higher inflation — is translating into fewer vessels needed for shippi...

The 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...

Ship owners, worried about the possibility of missile strikes, are choosing to idle vessels and burn extra fuel until the drills pass.

As 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...

The Federal Reserve’s Beige Book report noted that “high freight volumes continued to strain distribution systems,” and “contacts expected ...

The container shipping market is experiencing one of its best years as a perfect storm of Covid-driven purchasing demand, port congestion a...

While demand from American consumers and companies is one reason for the rate spike, a shortage of containers remains another reason for th...

The disruption is causing further pain for global shippers already struggling with interruptions to supply chains from the pandemic, and th...

A report put out by the consultancy stated that although demand growth is expected to recover next year after a very poor 2015.

However, a slight pick up on the back of recovery in global trade and economy recently have lifted hopes and freight rates in the shipping ...

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 ...

Drewry Shipping Consultants has painted an alarming picture of global shipping in its latest quarterly Container Forecaster. The current ye...

A new study by Drewry Shipping Consultants has sounded the alarm that the shortage of seafarers will worsen in the years to come.