02 Jun 2025

Asia-Europe Rates Surge Amid Port Gridlock and Vessel Diversions

Ocean freight rates from Asia to Europe soared ahead of the carriers’ June 1 general rate increases, fueled by growing congestion at major ports and a shift in vessel deployment toward the booming Asia-U.S. trade lane. Severe delays at key port hubs on both ends of the Asia-Europe route are absorbing available capacity. At the […]

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30 May 2025

U.S. Court of International Trade (CIT) Blocks Use of IEEPA for Tariffs

On May 28, 2025, the U.S. Court of International Trade (CIT) issued a significant ruling that blocks the Trump Administration’s use of the International Emergency Economic Powers Act (IEEPA) to impose tariffs on foreign imports. The decision impacts a broad range of tariffs, including those targeting fentanyl-related imports from Canada, Mexico, and China, as well […]

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21 May 2025

European Ports Under Pressure: Delays Mount with No Clear Alternatives

Port congestion across Europe continues to intensify, particularly in Bremerhaven, where labor shortages have surpassed expectations. Jannik Amstutz, senior ocean freight manager for Germany, reported average delays of five to six days depending on the port of destination. “While the pleasant weather is welcome, a lack of rainfall is contributing to low water levels on […]

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24 Jan 2025

Asia Pacific Air Cargo Demand Holds Steady Despite Seasonal Slowdown

The post-peak season decline in air cargo demand from the Asia Pacific region has not been as severe as initially feared, according to data provider WorldACD. WorldACD analyzed the drop in demand between the December peak and the early January low after concerns arose among air cargo industry executives about the extent of the decline, […]

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04 Dec 2024

Global Air Freight Soars: Peak Season Drives Rates and Demand to New Heights

The global air cargo market entered its peak shipping season this week, with demand surging past available capacity, pushing rates on key trade lanes to new highs for 2024. Asian export routes and the trans-Atlantic corridor are experiencing particularly sharp rate increases, reflecting strong demand and limited supply. Spot rates for Shanghai to North Europe […]

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25 Jan 2024

Red Sea Disruption: Rerouted Ships, Tighter Markets, but No Global Chaos

The Red Sea disruption to container shipping remains uncertain in terms of duration, according to Drewry Maritime Research. The anticipation is that carriers might not resume Suez Canal transits until the elimination of the risk of attack, a process expected to take months rather than weeks. Despite this, Drewry’s analysis suggests that the impact on […]

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20 Dec 2023

Canals in Chaos: Suez Attacks and Panama Drought Threaten Global Trade

Double Trouble: Global supply chains are bracing for a potential “milder version” of the pandemic’s crisis due to disruptions at both the Suez and Panama Canals. Attacks by Houthi militants in the Red Sea have forced shipping companies to reroute vessels, adding 7-10 days to voyages and potentially doubling ocean freight prices. Meanwhile, drought-induced restrictions […]

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29 Nov 2023

Air Cargo Market Expected to Stabilize in 2024, but Potential Disruptions Remain

After several years of volatility, the air cargo market is anticipated to stabilize in 2024, with a return to “classic seasonality.” However, industry experts caution that unforeseen events could still cause turbulence. Data provider Xeneta projects modest growth of 1-2% for air cargo volumes in 2024, while supply is expected to increase at a slightly […]

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22 Nov 2023

The Shipping Industry Charts a Greener Course: EU-Driven Innovations Pave the Way for Sustainable Maritime Operations

The maritime industry, responsible for a significant 3% of global carbon emissions, finds itself at the forefront of environmental transformation efforts. With the support of EU funding, two groundbreaking vessel designs and retrofit technologies for existing cruise ships and bulk carriers have been developed. Maritime sustainability forms a cornerstone of the EU’s strategy to reduce […]

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