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Demand Shocks Keeping Aging Fleet Afloat, Argue Shipowners

Ship recycling has fallen to its lowest level in 20 years, per a recent report by the Baltic and International Maritime Council (BIMCO). BIMCO — a trade group representing shipowners — states that capacity has been overtaxed by the Red Sea crisis, which has forced shipping lines to take a longer route around Africa's Cape of Good Hope.

China , Russia , Red-sea , Djibouti-general- , Djibouti , Russian , Chinese , Simon-heaney , International-maritime-organization , International-maritime-council , European-union , Freightos-baltic-daily-index

Red Sea crisis nears boiling point, unable to heat up spot rates

If China and Russia find the Houthi problem in the Red Sea as intractable as the U.S. and its allies have, it would all but halt what little maritime traffic remains in the region. The post Red Sea crisis nears boiling point, unable to heat up spot rates appeared first on FreightWaves.

Red-sea , Djibouti-general- , Djibouti , Ukraine , Israel , Russia , Denmark , China , Spain , Syria , Russian , Chinese

Red Sea-driven surge in container shipping rates loses momentum | Hellenic Shipping News Worldwide

Red Sea-driven surge in container shipping rates loses momentum | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Italy , Genoa , Liguria , China , Shanghai , New-york , United-states , Rotterdam , Zuid-holland , Netherlands , Red-sea , Djibouti-general-

What the Red Sea conflict means for domestic transportation

The conflict in the Middle East may have late-year implications for the domestic transportation market. The post What the Red Sea conflict means for domestic transportation appeared first on FreightWaves.

United-states , Atlanta , Georgia , Red-sea , Djibouti-general- , Djibouti , Shanghai , China , California , Panama , Panama-canal , Panama-general-

West Coast shipping rates surge as Red Sea fallout goes global

West Coast shipping rates surge as Red Sea fallout goes global
freightwaves.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freightwaves.com Daily Mail and Mail on Sunday newspapers.

Italy , Shanghai , China , Panama , Suez-canal , As-suways , Egypt , Red-sea , Djibouti-general- , Djibouti , Yemen , Netherlands

Container shipping rates spike as Red Sea crisis draws first blood

Container shipping rates spike as Red Sea crisis draws first blood
freightwaves.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freightwaves.com Daily Mail and Mail on Sunday newspapers.

Yemen , Panama , Panama-canal , Panama-general- , Shanghai , China , Red-sea , Djibouti-general- , Djibouti , New-york , United-states , Grant-shapps

Why attacks on container ships caused container stocks to jump

Why attacks on container ships caused container stocks to jump
freightwaves.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freightwaves.com Daily Mail and Mail on Sunday newspapers.

Shanghai , China , Genoa , Liguria , Italy , Panama-canal , Panama-general- , Panama , New-york , United-states , Red-sea , Djibouti-general-

East Coast vs. West Coast: More imports shift back to Pacific ports | Hellenic Shipping News Worldwide

East Coast vs. West Coast: More imports shift back to Pacific ports | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

China , California , United-states , Long-beach , Port-of-los-angeles , John-mccown , America-pacific , Greg-miller , Los-angeles , West-coast , East-coast

Coastal News Today | USA - East Coast vs. West Coast: More imports shift back to Pacific ports

Asia-West Coast spot container rates outperforming Asia-East Coast rates

California , United-states , Long-beach , China , America-pacific , Los-angeles , West-coast , East-coast , Gulf-coast , Panama-canal , Freightos-baltic-daily-index

Container shipping has a Europe problem and it's getting worse | Hellenic Shipping News Worldwide

Container shipping has a Europe problem and it's getting worse | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Genoa , Liguria , Italy , Rotterdam , Zuid-holland , Netherlands , China , Japan , Russia , Germany , Hanjin , Hunan