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XENETA: SHIPPING COSTS SOAR AS LONG-TERM RATES RACE 150% UP YEAR-ON-YEAR

May saw the highest-ever monthly increase in long-term contracted ocean freight rates, according to...

KING ABDULLAH PORT REPORTS RECORD 15M TEU THROUGHPUT

King Abdullah Port, the first privately owned, developed, and operated port in the Middle East, has...

SUEZ CANAL ANTICIPATES A 27% INCREASE IN ANNUAL REVENUES FOR 2022

The Suez Canal is expected to make US$1.5 billion more in revenues for the fiscal year 2021-2022 whi...

YANG MING JOINS THE SILK ALLIANCE PAVING THE PATHWAY TO MARITIME DECARBONIZATION

Yang Ming Marine Transport Corp. (Yang Ming) announced that it has joined The Silk Alliance.

XENETA: CONTAINER SHIPPING FUEL SURCHARGES HAVE RISEN 50% SINCE START OF YEAR

The rise in crude oil prices that followed the Russian invasion of Ukraine is clearly seen in bunker...

FLEXPORT: SHIPPING DEMAND PICKING UP, CONGESTION IMPACTING ASIA-EUROPE CAPACITY

Demand is picking up between the Asia-Europe shipping route, according to a recent report by Flexpor...

S&P: MIDDLE EAST CONTAINER PORTS ARE THE MOST EFFICIENT IN THE WORLD

Ports in the Middle East are the most efficient in the world, bagging four of the top five spots in...

HAPAG-LLOYD STARTS NEW AFRICA SERVICE FROM INDIA VIA MIDDLE EAST TO MAPUTO

Hapag-Lloyd announced that it will launch its new regular service Maputo Express (MAX) starting in J...

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