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SHIFL: SHIPPING RATES ARE SEEING NEW LOWS

Shipping rates between Asia and North America are dropping to new lows.

YANG MING TO LAUNCH ADDITIONAL FAR EAST-LATIN AMERICA SERVICE

Yang Ming announced the launch of its latest Far East-West Coast of Latin America (FE-WCSA, Loop cod...

ZIM INVESTS IN AI-COMPANY DSG

ZIM has made a capital investment in Data Science Consulting Group (DSG), a technology company speci...

DEMAND BEGINNING TO RECOVER IN SHANGHAI BUT CAPACITY SURPLUS DRIVING RATES DOWN

Demand is beginning to recover and production is starting to pick up in China after the lockdown in...

OCEAN CARRIES BLAST PASSAGE OF OCEAN SHIPPING REFORM ACT AS BIDEN SIGNS BILL

Ocean carriers hit the narrative allegedly being pushed by the US government in pushing the passage...

OCEAN CARRIERS RECORD "VERY STRONG" US$43.9B OPERATING PROFIT IN Q1

Shipping lines have carried over its strong performance from 2021, recording a "very strong" operati...

PORT OF LA SAYS MAY CARGO IS 'THIRD BEST MONTH ON RECORD"

Port of LA said its cargo volumes last May were the "third best" overall month in the port's 115-yea...

GEORGIA PORTS SETS ALL-TIME TRADE RECORD IN MAY

The Georgia Ports Authority moved an all-time high of container units in May, breaking the previous...

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