Xeneta: Long-Term Ocean Freight Rates Plunge
Long-term ocean freight rates slid once again in August, marking the 12th consecutive month of declines for beleaguered carriers…
Source: maritimeprofessional.com
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Long-Term Ocean Freight Rates Plunge By Over 60%
Long-term ocean freight rates slid once again in August, marking the 12th consecutive month of declines for beleaguered carriers.
Source: marineinsight.com
'Changing Fortunes Appear Imminent' in Container Market: Xeneta
Xeneta data show contracted rates have dropped by 62.8% since this time last year.
Source: shipandbunker.com
Hapag-Lloyd bid for HMM sparks rift over international ownership
Closure of the preliminary bids for HMM reportedly see Hapag-Lloyd into the second round of the process, sparking a local debate on foreign ownership.
Source: seatrade-maritime.com
Panama Canal restrictions to stay in place for at least 10 months
Global shipping bodies have been urged to share transit plans at one of the world’s maritime chokepoints with officials at the Panama Canal.
Source: freshfruitportal.com