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OCEAN SHIPPERS
Iran war: Strait of Hormuz traffic barely affected on first day of US blockade, data showsUS-Iran war news: Traffic through the Strait of Hormuz remained limited on the first full day of a U.S. blockade of Iranian ports, despite ...- Falling ocean shipping rates put carrier profits at risk, analysts sayOcean container rates have plummeted to their lowest since January 2024, falling below major carriers' break-even points due to decreased d...
- Yemen's Houthis say they attacked three ships, two US destroyersYemen's Houthis group has launched attacks on three ships in the Indian Ocean and the Red Sea, and two U.S. destroyers in the Red Sea. The ...
- Houthis attack four ships in Indian Ocean, Red SeaIran-aligned Houthi militants have launched repeated drone and missile strikes in the Red Sea, Bab al-Mandab Strait and Gulf of Aden since ...
- 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...
- Freighters seek air cargo back-up amid Red Sea shipping crisisAir freight is costly compared to sea freight, and not competitive for bulky, low-margin items. Such constraints have limited air cargo to ...
- Red Sea crisis: Commerce min calls inter-ministerial meet on Jan 17 to discuss way forward on tradeThe Indian commerce ministry has scheduled a high-level inter-ministerial meeting on January 17 to address trade challenges arising from on...
- Inter-ministerial meet next week to discuss ways to insulate India's trade from Red Sea crisisAn inter-ministerial group, consisting of officials from various departments and ministries, is set to meet next week to discuss the impact...
- War, weather put ocean shippers on notice for rough seas in 2024"This is seemingly the new normal - these waves of chaos that seem to rise and fall. Before you get back to some level of normalcy another ...
- Panama Canal imposes shipping restrictions to cope with worsening droughtThe canal connecting the Atlantic and Pacific oceans has been long struggling with water supply shortages since before a 2016 expansion all...
- FourKites acquires supply chain visibility provider NIC-placeThe company said that their combined over-the-road, rail and ocean carrier networks create the largest multimodal carrier network in Europe...
- How to issue bill of lading and why it is important in exportsA BOL contains information such as details of the shipping line, the pick-up date, name of the vessel used for transport, details of the go...
- Container shipping giant freezes spot rates amid trade chaosGlobal supply chains, with container shipping as their backbone, are struggling to keep pace with the demand for goods and overcome labor d...
- Freight-cost pain intensifies as pandemic rocks ocean shippingIndia was also caught up in the freight-rate issue, but its export lobby group said that the container shortage has eased to some extent on...
- WNS to offer BPO services with Modern Terminals to shipping, logistics industryBPO firm WNS has partnered Hong Kong-based container terminal operator Modern Terminals to deliver BPO services and solutions to shipping a...
- Singapore to mull extending block exemption for liners until 2015CCS has advised its minister for trade and industry to extend a block exemption for liner shipping antitrust immunity by five years until t...
- FMC launches vessel capacity investigation
- TSA's emergency levy is a case fit for Competition Commission, says WISAWISA reacts to the recent introduction of Emergency Revenue Charge by the major shipping group TSA. The association’s secretary SRL Narasim...
- Drewry punches holes in box recovery storyDrewry Shipping Consultants' latest Container Forecaster has identified a number of weaknesses in the ocean liner industry that banish hope...
- We want to reflect true market forces of supply and demandETSL talks to John Lu of the Singapore National Shippers’ Council, chairman of the Asian Shippers’ Council.
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