Biggest transshipment ports record volume decline in H1

Port statistics show that throughput at the world’s largest transshipment hubs has been on a decline, pulled down by a number of factors, according…

Freight rates on Asia-Europe lane improving since April, research shows

Shipping spot rates have achieved large increases in recent weeks, particularly in the Asia-Europe trade, but they still have a long way to go…

Maersk Line’s earnings downgrade a call to action for troubled industry, says Drewry

The downgrade by Maersk Line of its 2015 profit expectations indicates that even the world’s biggest container liner is not immune from the impact…

Ocean carriers reverting to core port services

Carriers will be increasingly restricted to its core strength—providing port-to-port services—as they continue to be squeezed out of the integrated logistics services industry, predicts…

Container ports to see growth slowdown but remain profitable

Container port demand will slow down to a compound average global growth of 5.4 percent per annum through to 2017, a decrease from the…

Changing buying trends impact peak season volumes

The third quarter will still be the peak season of the east-west trades for ocean carriers, but there will be no big surge in…

East-West airfreight rates skid to record lows, says Drewry

Air cargo rates hit new lows in June as flat demand and rising capacity put pressure on already weak load factors, according to the…