I believe the recent news related to the Red Sea conflict keeps geopolitical risks high, which could support steady freight rates this year. I believe ZIM Integrated's current share price already ...

Two weeks of rising diesel prices have erased a chunk of declines seen the last couple months. Also: Feds investigating ...

I find ZIM’s dividend appealing, but I’m concerned it heavily depends on freight rates staying artificially high due to Red Sea disruptions. I foresee no meaningful drop in freight rates until a ...

Carriers abandon February rate hike plans and add more blank sailings as pre-LNY volumes fail to materialize.

Vessels transiting the Red Sea have faced attacks over the past several weeks from Yemen-based Houthis, prompting shipping companies to change routes, leading to a spike in freight rates. Stream NBC 5 ...

The year 2022 has been a story of fast-changing fortunes. Only a few months ago, freight rates were at record highs and as much as 50% higher than they were in 2021. However, in July 2022, the ...

So far this decade, sharp price swings have distinguished the world’s ocean freight industry, with rates rising and falling in tandem with major events such as the pandemic, global trade wars and ...

By Terje Solsvik OSLO, Jan 15 (Reuters) - Maersk said on Thursday that one of its services will resume using the Red Sea and Suez Canal this month, marking a key step towards ending two years of ...

'Carriers are trying to readjust services to make up for the additional sailing time around the Cape of Good Hope'. Image by AvigatorPhotographer via iStock In a release sent to Rigzone late Tuesday, ...

Global container shipping freight rates have reached unsustainable levels and must rebound, the chief executive of Germany's Hapag Lloyd, the world's number five operator by volume, said on Tuesday.

The spread between spot ocean freight rates and the long-term contract market is at its highest since September 2021, equal to $2,500. Ocean spot freight rates have tumbled for a sixth-consecutive ...