Willowdale residents gathered early Thursday to call on the Ontario government to build a transit station on Cummer Avenue as part of its Yonge North subway extension. Cummer station was c… Read More

Container rates for U.S. imports have normalized. Rates for America’s exports have not. Both spot and contract rates for U.S. exports are still up double digits from pre-COVID leve… Read More

Container shipping spot rates in the Asia-U.S. trade have halted their ascent after rising double digits since late June. Several spot-rate indexes are now showing a retreat from recent… Read More

iStock Published Aug 20, 2023 8:49 PM by Robert Schluter There’s a growing demand for shoreside power, but many ports lack the electrical… Read More

The Primetime Emmys have been delayed, however the present should go on for the Tv Academy seventy fifth Engineering, Science & Know-how Emmy Awards. This yr’s recipients, rev… Read More

Shipping lines have been in the red in the trans-Pacific trades for months. They may have just inched back into the black again, courtesy of the rise in spot rates over the past five wee… Read More

Shipping lines finally seem to be making some headway in managing vessel capacity in the Asia-U.S. trades. Spot rates have been on the rise for three straight weeks, rebounding to levels… Read More

(If you are so weak and insecure as to be “triggered” by the grave of a deceased animal, how can you realistically think you deserve your positions of pseudo-power in academia?… Read More

By Charlie Bartlett (The Loadstar) – Global container freight rates are still – marginally – exceeding pre-pandemic levels, according to Drewry’s latest assessme… Read More

David Cameron was famously asked the price of bread a decade ago and struggled to answer, saying instead he used an electric breadmaker. The answer was around 47p. Then, the Tories were st… Read More

Everyone knew the container shipping boom would end — it was a one-off spike driven by a pandemic and government stimulus, not a permanent change in fundamentals. But no one knew h… Read More

May import numbers are in and yet again, the trend is closely aligned with pre-COVID levels in 2018-2019. But there are two big differences between now and then. Port labor disruptions a… Read More

The Pablo, a 26-year-old tanker engaged in the sanctioned “shadow” crude trades, exploded off the coast of Malaysia in early May, killing three crew. There are a lot of ships ou… Read More

One of the earlier scenarios for container shipping’s 2023 peak season went like this: Importers would get cocky and keep much of their business in the spot market. Shipping lines… Read More

The double-digit declines keep piling up for container shipping. The Port of Long Beach said Friday that April imports fell 22% from the year before. Taiwanese ocean carriers Evergreen a… Read More

Some readers may be surprised to learn that the Electronic Voice Phenomena (EVP) form of transcendental communication is commonly noticeable on radio broadcasts and any unedited video where… Read More

The signals have been flashing curiously green in container shipping of late. Spot rates are up. Charter rates and durations are up. Secondhand ship sales are brisk and asset prices are ris… Read More

Early numbers on the first quarter are starting to trickle in from container shipping lines. They show a big step down from the fourth quarter, but they also confirm that earnings are still… Read More

Toronto, Ontario--(Newsfile Corp. - April 1, 2023) - The Newly Institute Inc. (“The Newly”), HEAL Global Holdings Corp. (“HEAL”), and Pathway Health Corp. (TSXV: PHC)… Read More

Zim, the world’s 10th-largest ocean carrier, announced a big earnings beat for the fourth quarter and paid out a higher-than-expected dividend. However, it faces a tough year ahead, w… Read More

Xeneta CEO Patrik Berglund said in late November that if spot rates had not stabilized and started to rise again by the first and second quarters of this year, “carriers have played t… Read More

Drewry, an independent maritime research consultancy has recently stated that the world container index dipped below the $2000 per feu mark for the first time since July 2020. The composite… Read More

The rise of East Coast ports has been largely credited to the fall of West Coast ports — to shippers switching routes following the expiration of the West Coast port labor contract in… Read More

Drewry’s WCI (World Container Index) rose to 0.7% for the first week of Jan 2023, showing a fall in the index for the consecutive 43rd week. At present, WCI stands at $2135 dropping fr… Read More

La pregunta del billón de dólares para los mercados de transporte marítimo de contenedores a principios de 2022 fue: “¿La fiesta o el gran desenrollado?&rd… Read More