Are container spot rate hikes an overreaction to Red Sea diversions?
Container spot freight rates between Asia and Europe jumped 60% in the space of two weeks which could be driven by panic from shippers
Source: seatrade-maritime.com
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US and UK shoot down 18 Houthi drones, missiles in biggest-yet Red Sea attack
Several ships have changed course in the Red Sea after US and UK forces shot down 18 drones, two anti-ship cruise missile and a ballistic missile about 2115 hrs on January 9
Source: lloydslist.com
MSC and small players head Transpacific withdrawals
MSC and small players head Transpacific withdrawals
Source: freshplaza.com
MSC and small players head Transpacific withdrawals
MSC and small players head Transpacific withdrawals
Source: freshplaza.com
Startup Australian Shipping Line Goes Bust
By Martina Li in Taiwan (The Loadstar) – Just three months after its launch, Australian start-up Focus Container Line has entered administration as the post-pandemic boom in containerised shipping continues to...
Source: gcaptain.com