Global Empty Container Ratio Soars to 33%—Far Exceeding Pre-Pandemic Levels

Global Empty Container Ratio Soars to 33%—Far Exceeding Pre-Pandemic Levels

No upward drivers on global bunker market so far

World fuel indexes have demonstrated traditional losses during the week: oil prices are now at a 7-month low....

New Far East Services Begin Calling At DP World’s UK Terminals

This weekend, DP World’s UK terminals will welcome the first services from the Far East following a global shake-up of the world’s shipping lines.

New Far East Services Begin Calling At DP World’s UK Terminals

This weekend, DP World’s UK terminals will welcome the first services from the Far East following a global shake-up of the world’s shipping lines.

Only 300 newbuildings ordered so far in 2016

Underscoring the crisis facing the shipbuilding industry just 300 newbuildings have been booked year-to-date...

Bunker fuel prices up 27% so far this year

Bunker fuel prices have gradually firmed over the course of this year, in line with the steady climb in crude ...

Five Asia-based lines to expand Far East-Australia services

A consortium of five Asia-based container carriers – Hanjin Shipping MOL, K Line, OOCL and Coscon – will expand its Far East-Australia services from February next year in response to market demand. ...