Latest News for: Freight ship

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Xeneta: Panama Canal water is rising but drought impact lingers

SAFETY4SEA 17 May 2024
This was the highest the spread had been since November 2022 and demonstrates the measurable impact disruption at a vital artery for world trade can have on the cost of ocean freight container shipping.
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Building a strong foundation for ESG compliance

Splash24/7 17 May 2024
For example, German shipping line Hapag-Lloyd recently won the first-ever low-emission freight tender from Zero Emissions Maritime Buyers Alliance ... with ESG initiatives will have on shipping companies.
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Transport Corp to acquire two cargo ships worth $40 mn in FY25

Live Mint 17 May 2024
How political parties are using AI to bring personalities to lifeIn FY25, TCI plans to invest ₹375 crore, with ₹75 crore allocated for ship acquisition to support its seaways operations, which ...
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S. Korea's shipping cost for imports from Europe keeps double-digit growth in April

Xinhua 16 May 2024
SEOUL, May 16 (Xinhua) -- South Korea's shipping cost for imports from Europe kept a double-digit growth for the third consecutive month in April due to geopolitical risks around the Red Sea, customs office data showed Thursday.
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Indian container cargo to grow at 8% in FY25 amid Red Sea crisis: CareEdge Ratings

Live Mint 16 May 2024
Cargo throughput for FY21-24 was also healthy with a CAGR of 7%.Resilient economic activity, increasing demand & consumption of major commodities, declining shipping freights and traffic recovery ...
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Global Ship Lease net income sails past analyst estimates as charter rates rise

Tradewinds 16 May 2024
Global Ship Lease reported first-quarter earnings that blew past ...
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Hapag-Lloyd Raises Lower End of Outlook but Profit Falls

MarineLink 16 May 2024
German container firm Hapag-Lloyd on Wednesday raised the lower end of its 2024 outlook amid rising demand and freight rates, but posted an 84% drop in first-quarter net profit. Commercial shipping has ...
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Hapag-Lloyd raises lower end of outlook on strong shipping demand but profit falls

Hellenic Shipping News Worldwide 16 May 2024
... and freight rates, but posted an 84% drop in first-quarter net profit.
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US Tariffs Expected to Cause Supply Chain Disruption

MarineLink 15 May 2024
China retaliated by imposing increasing tariffs of its own, and this constant trading of blows saw ocean freight container shipping rates from China to the US West Coast increase by more than 160%.
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China accuses US of weaponising trade with new tariffs

Seatrade Maritime News 15 May 2024
China retaliated by imposing increasing tariffs of its own and this constant trading of blows saw ocean freight container shipping rates from China to the US West Coast increase by more than 160%.”.
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Wholesale price increases accelerated in April as inflation remains sticky

The Los Angeles Times 14 May 2024
U.S ... Measured year over year, producer prices rose by 2.2% in April, up from 1.8% in March and the biggest increase in a year ... Last month, wholesale prices were pushed higher by more expensive gas, electricity, and freight shipping.

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