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Little hope of 2024 upturn in box shipping trades, says Yang Ming

September 20, 2023 7753 Read More

Yang Ming’s chief executive Peter Su said in a press conference yesterday that the third quarter peak season this year

MSC's second-hand ship shopping spree continues despite declining vessel values

September 19, 2023 5442 Read More

Reports this week that MSC has purchased the 2013-built 9,403 teuJoseph Schultefor a price of around $55m confirmed that

Carriers struggle as they pull capacity to boost floundering spot rates

September 18, 2023 7203 Read More

Container spot indices are showing a sea of red ink this week, with short-term freight rates down on all the major trade

Air India targeting pharma trade with air freight fleet capacity set to quadruple

September 18, 2023 4734 Read More

Tata Group-owned Air India – in the midst of a massive fleet expansion – is devising new strategies to grab a larger s

Maersk launches 'a new age' with the first green methanol ship

September 15, 2023 3355 Read More

Maersk claimed to have inaugurated a new age of shipping today after officially launching the world’s first methanol-po

Record blanking as supply races ahead of demand in container shipping

September 13, 2023 4631 Read More

A perfect storm of newbuild containership deliveries, weakening demand and a dearth of scrapping candidates is throwing

Vietnam approves $1.7bn plan for new inland container depots

September 12, 2023 8139 Read More

Anticipating more containerised cargo imports and exports, the Vietnamese government will invest up to $1.7bn to build m

Economic worries driving European haulage spot rates down

September 12, 2023 4490 Read More

European road freight spot prices have dropped below contract rates for the first time in six years – with suggest

Asia to Europe spot rate plunge pushes carriers to cancel loops last-minute

September 11, 2023 4075 Read More

Container spot rates ex-Asia to both North Europe and the Mediterranean have fallen sharply again this week, prompting c

Expect more blankings on the 'difficult' and 'sensitive' transatlantic trades

September 08, 2023 8139 Read More

Shippers and forwarders on the transatlantic trades have been warned to expect more blanked sailings – and possibly eve

Carriers forced to idle new ULCVs as soon as they are delivered

September 07, 2023 4432 Read More

Newbuild 24,000 teu ultra-large container vessels are now being idled as soon as they are delivered in Asia, as carriers

HMM service expansion 'not connected' to impending sale

September 06, 2023 8829 Read More

Ahead of its impending sale, HMM is expanding its business areas, with plans to launch more container shipping routes fr

GT New VIP member-Global Logistics International join as GT New Zealand VIP member.

September 04, 2023 8804 Read More

We here to announce that Global Logistics International join as GT New Zealand VIP member.

MSC blanks Swan and Dragon loops ahead of Golden Week holiday

August 31, 2023 6469 Read More

With just over a month before China’s national Golden Week holiday – after which the slack season begins in earnest –

GT NEW VIP Member-Wallem Logistics Philippines, Inc. join as GT Philippines VIP member.

August 30, 2023 6915 Read More

We here to announce that Wallem Logistics Philippines, Inc. join as GT Philippines VIP member

Closer trade ties between UAE and China boost air cargo demand

August 29, 2023 7407 Read More

Freighter capacity on routes between the UAE and China is being ramped up, following initiatives to strengthen trade and

Asia-North Europe rates sinking again as GRIs 'run out of steam'

August 28, 2023 6562 Read More

Ocean carriers are giving back their recent Asia-North Europe FAK rate increases via heavy discounts for October shipmen

Container lines look set to be sailing in 'choppy water'

August 25, 2023 2609 Read More

The prospect of new employment for smaller containerships with expiring charters is deteriorating at pace, with owners n

Zim pulls Asia-Australasia services to launch VSA with MSC

August 24, 2023 3123 Read More

Zim is pulling its ships out of the Asia-Australasia trades and joining a vessel-sharing agreement (VSA) with MSC.The ne

Lufthansa Cargo builds on intra-Europe same-day and e-commerce network

August 23, 2023 9092 Read More

Despite the prevailing gloom surrounding the air cargo market, Lufthansa Cargo continues to expand its intra-European ne

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