“In 2023, 2.3 million TEU of container ship capacity was delivered, beating the former all-time high by 37%. Year-to-date another record has been set as more than 1 million TEU has already been ...
Rising tensions in the Strait of Hormuz see vessels diverted and bookings suspended, as companies impose emergency fees of up ...
Despite increasing trade policy uncertainty and falling freight rates, the container ship order book has continued to expand. It now totals more than 1,350 ships with a combined capacity of 11.8m TEU, ...
Two Cosco Shipping vessels were the first non-Iran linked container ships to leave the Arabian Gulf in nearly a month exiting ...
COPENHAGEN, Dec 3 (Reuters) - Global container shipping companies have a strong appetite for new vessels, despite existing overcapacity, because they want to trade up to larger ships to benefit from ...
Ships are rerouting, air cargo is tightening, and companies are adding new war risk surcharges as the Middle East conflict ...
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