10
Mar
Container market downturn creating ‘new era of volatility’ Panelists at the Journal of Commerce's TPM25 conference indicated that the container market is facing a downturn in 2025, warning that it could be worse than previous declines. Parash Jain, the global…
03
Mar
Asia-Latin America Trade Capacity Doubles in Three Years Deployed capacity on the Asia to Latin America trade lane has more than doubled on a quarterly basis in the past three years. According to data from MDS Transmodal, deployed capacity exceeded…
24
Feb
IMF Lowers Global Trade Growth Forecasts for 2025 - 2026 The International Monetary Fund (IMF) has revised its global trade growth projections downward in their January 2025 World Economic Outlook (WEO) report. According to Sea-Intelligence, the IMF projected that global…
18
Feb
Global Container Volumes Increased by 10.7 Million TEU in 2024 In 2024, the container market surpassed growth expectations, with volumes increasing by 6.2% and demand for teu-miles rising by 21%, according to Sea-Intelligence. This surge was largely due to the…
10
Feb
U.S. Sets 10% Tariff on Chinese Goods, Delays Tariffs on Canada and Mexico The 10% tariff on all Chinese imports into the U.S. took effect on February 4, covering broad categories of goods including consumer items like electronics, clothing, and…
05
Feb
Tariff Concerns Persist Amid Trans-Pacific Rate Slide Trans-Pacific container rates have decreased as manufacturing and logistics operations in China wound down in anticipation of the Lunar New Year holiday, which began on January 29. In the week ending January 24,…
25
Nov
Global ocean volume in Q3 beat pandemic record: Blue Alpha Capital Global container shipping hit a record in Q3 2024, moving 47 million TEUs which is 2% higher than the previous peak set during the pandemic period in 2021, according…
12
Nov
Will Container Shipping Face Overcapacity in 2025? Container shipping faces potential overcapacity according to market outlook assessments. S&P Global reported that carriers expect a 9% growth in capacity against a 3% rise in cargo volume in 2025. BIMCO’s forecast indicates…
28
Oct
Containers Lagged Ocean Shipping Gains in 2023, UN Report Finds Global maritime trade rose 2.4% in 2023 to 12.3 billion tons. According to the Review of Maritime Transport 2024 released by the United Nations Trade and Development (UNCTAD), shipping volumes…
14
Oct
Decarbonization Efforts Could Force Shift in Deep-sea Shipping Tim Power, MD of Drewry Shipping Consultants, told delegates at the World Ports Conference in Hamburg that new regulations to decarbonize shipping could severely impact deep-sea shipping sectors. He cited a prediction…
