Red Sea uncertainty has led to negotiations to secure higher freight rates, Xeneta’s research shows.
The downward trend in pricing will continue into the first quarter of 2025, resulting in lower earnings.
The Trump Administration said its attacks on Houthis were prompted by strikes against maritime vessels.
The International Maritime Organization has called for an end to attacks on commercial sea vessels.
Police have arrested the Russian master of the boxship that collided with a US-flagged tanker.
The deal will position the shipping group as a dominant player in global ports operations.
The vessels burst into flames on impact in the North Sea but 30 people were rescued from the scene of the collision on Monday.
Amid a lack of international regulations, industry body tackles electric vehicle fire risk.
The rebel group has posted videos warning Israel to allow aid to flow freely to Gaza or face renewed naval operations.
One of the ports that is benefiting from large loads is Togo’s Port of Lomé.
Reducing a ship's speed by 10% can lower emissions by almost 20%. – John Maggs, Clean Shipping Coalition
Freight forwarders continue to contend with inefficiencies at ports and across the transport network.
Jiangnan Shipyard has landed an order for 12 LNG dual-fuelled 18 000-TEU newbuilds.
