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A 'deluge' of imports is expected in around six weeks as factories around the industrial hub of Shanghai begin to reopen after long Covid lockdowns.
Sudden flood of ships from world's largest port risks unleashing a crippling wave of inflation
Global outlook for port cargo handling is forecast to drop but container shipping rates and maritime carrier profits are predicted to go up substantially
The year is almost a third over, and with each passing month, shipping lines look increasingly likely to pocket even more cash in 2022 than in record-trouncing 2021. New data and commentary released Tuesday by ocean carrier Maersk, freight forwarder Kuehne+Nagel and consultancy Drewry highlight just how profitable this year is looking for ocean carriers ...
SHIPPING costs are falling, bringing relief to hundreds of manufacturers burnt by the higher prices to import goods in containers. The prices, however, remain elevated and is yet to decline to pre-pan...