Since late in 2023, we have seen ocean shipping rates start to increase again, with the global average container rate as of January 11, 2024 at more than $3,000 per 40 foot container, the highest ...

Cost inflation triggers like U.S. fees on China-built ships, tariff fallout and capacity cuts could potentially prop up rates ...

Spot container rates for shipping goods to the U.S. from Asia have spiked over the past month as companies look to avoid higher tariffs and pad their inventories ahead of a strike threatening to close ...

A slump in ocean shipping demand since U.S. President Donald Trump imposed a raft of new tariffs on trade partners earlier ...

Aug 28 (Reuters) - Drybulk shipper Excel Maritime Carriers Ltd reported a quarterly loss slightly bigger than Wall Street expectations on lower freight rates. Dry bulk freight rates, which crashed ...

'Carriers are trying to readjust services to make up for the additional sailing time around the Cape of Good Hope'. Image by AvigatorPhotographer via iStock In a release sent to Rigzone late Tuesday, ...

Ship diversions from the Red Sea due to attacks by Iran-backed Houthi rebels have caused container freight rates to increase by about 30% in recent weeks. This rise is expected to continue as ...