Market News

The container shipping industry witnessed a sharp decline in profitability during the last quarter of 2023, marking a significant shift from the COVID-driven boom of previous years. According to Alphaliner’s report, mainline operators experienced negative operating profit margins for the first time since 2018, averaging -3% in Q4 2023. This slump follows the end of [...]

A new report by Transport & Environment (T&E) sounds the alarm on Europe’s transportation sector. The analysis projects a staggering rise in transport emissions, potentially reaching nearly half of Europe’s total greenhouse gas (GHG) emissions by 2030. This alarming trend jeopardizes the continent’s commitment to achieving net zero emissions by 2050. While other sectors witness [...]

A new report by Transport & Environment (T&E) sounds the alarm on Europe’s transportation sector. The analysis projects a staggering rise in transport emissions, potentially reaching nearly half of Europe’s total greenhouse gas (GHG) emissions by 2030. This alarming trend jeopardizes the continent’s commitment to achieving net zero emissions by 2050. While other sectors witness [...]

Asyad Line, a leading Omani container shipping company, is set to launch a brand new service catering to the growing trade between the Far East and West India. Dubbed the Far East Express One (FEX1), this service will offer efficient and direct connections for businesses looking to import and export goods between key Asian markets. [...]

Asyad Line, a leading Omani container shipping company, is set to launch a brand new service catering to the growing trade between the Far East and West India. Dubbed the Far East Express One (FEX1), this service will offer efficient and direct connections for businesses looking to import and export goods between key Asian markets. [...]

PortMiami underscored its capacity for handling megaships with the arrival of the colossal CMA CGM Bali on March 11, 2024. This leviathan of the seas boasts a staggering capacity of 15,000 TEUs (twenty-foot equivalent units) and sails the Manhattan Bridge route, a vital commercial artery connecting China to East Coast ports in the US through [...]