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OOCL's Profit Surge and Market Outlook

March 14, 2025 3781 Read More

Hong Kong-based Cosco subsidiary OOCL has reported a significant increase in profits for the past year, driven by elevated freight rates, according to the company's latest financial results.The ca

GT NEW VIP Member - Surefreight International Ltd, United Kingdom

January 15, 2025 5413 Read More

We are here to announce that Surefreight International Ltd joins as a GT VIP member in United Kingdom.

Container shortage starts to bite, adding to pressure on costs

January 17, 2024 5194 Read More

The predicted container shortages are beginning to bite amid the chaos thrown up in the Red Sea and a flurry of re-routi

Singapore Surpasses Three Billion Gross Tons for Annual Ship Arrivals

December 28, 2023 8860 Read More

The port of Singapore is highlighting its position as a top maritime center as it crossed in 2023 for the first time the

Carriers roll out peak season surcharges as capacity crunch looms

December 20, 2023 5812 Read More

Ocean carriers are imposing emergency peak season surcharges (PSSs) as global supply chains face weeks of disruption wit

GT NEW VIP Member-SUR AMERICA RUTAS INTERNACIONALES, S.A. join as GT Guatemala VIP member

November 01, 2023 8825 Read More

We here to announce that SUR AMERICA RUTAS INTERNACIONALES, S.A. join as GT Guatemala VIP member.

EU ETS surcharge could be €37 for each container, says CMA CGM

October 06, 2023 4350 Read More

In a customer advisory today, CMA CGM detailed the implications of passing on the cost of EU Emissions Trading System (E

Panama Canal draught restrictions start to bite, sparking liner surcharges

August 09, 2023 4333 Read More

Evergreen's latest addition to its neo-panamax fleet had to offload 1,400 containers to pass through the Panama Cana

Carriers struggle to hold transpacific GRIs as rates come under pressure

May 08, 2023 6354 Read More

The transpacific mid-April GRIs imposed by carriers, ahead of the finalisation of annual contracts, are beginning to los

ASL and Zim reduce Australia exposure after freight rates plummet

April 05, 2023 4080 Read More

Intra-Asia carrier Asean Seas Line (ASL) and Israeli liner Zim are reducing their exposure to the China-Australia tradel

Pressure on carriers drives cut-throat freight market for China's exports

February 03, 2023 6665 Read More

A parallel freight market is emerging for exports from China that undercuts the lowest container spot rates.Asia-North E

More pressure on box ship charter rates, but MPVs sail smoother

January 11, 2023 8845 Read More

Having lost about 80% of their daily hire rate values last year, the containership charter market has now stabilise

Carrier hopes for a demand surge rest on summer peak season

January 09, 2023 5298 Read More

Container spot rates from Asia to North Europe, as recorded by Drewry’s WCI index, increased by 10% this week from thei

AirBridgeCargo lessors sue insurers over aircraft 'seized' and stuck in Russia

November 22, 2022 8464 Read More

Aircraft insurers are being sued in Dublin and London by leasing companies unable to reclaim aircraft stuck in Russia.In

Europe's feeder operators feel the pressure as volumes from Asia decline

November 17, 2022 6697 Read More

The knock-on effect from blanked sailings from Asia has significantly reduced the need for feeder services across North

Project44 raises $80m for Scope 3 emissions-measuring platform

November 05, 2022 7681 Read More

CMA CGM and Maersk’s investment arm have invested in supply chain visibility platform Project44.In its latest round of

How is insurance calculated in EXIM?

September 29, 2022 4066 Read More

The premium of a marine insurance policy depends on the following factors:The nature and value of the goods that are bei

Why is Insurance necessary in EXIM Trade?

September 28, 2022 2520 Read More

Export Credit Insurance or ECI ≈ Export Credit Insurance or ECI protects against the risk of non-payment by a foreign b

Ocean Freight Shipping Surety Bonds

September 07, 2022 3800 Read More

Every day, thousands of large financial transactions occur in the ocean freight shipping industry, and ocean freight carriers take responsibility for millions of dollars’ worth of cargo on almost every voyage. Thus, it’s important to have legal structures

Next Threat to Prices: A Surge in Costs to Ship Products

March 31, 2022 5756 Read More

Container ship operators are set to negotiate record-high freight contract rates, which could influence how importers price their goods

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