UK freelance journalist Owen Holdaway has spent the past few days taking photos of the devastation at Beirut port for The Loadstar. The grieving city is shortly to go into lockdown, as it faces a surge in Covid-19 cases. Mr …
Demand between Asia and North America has confounded the severe downturn predictions, despite the US still being in the grip of Covid-19.
Container spot rates to the US west coast are running at record levels and are more than double …
Stena Line’s decision to return freight capacity on its Belfast-Liverpool-Heysham routes is good news for its customers that have struggled to keep vital supply lines open during the pandemic.
Ferry companies serving the UK saw their revenue plummet like a …
The latest news this week concerning Australia’s Toll Group – it comes after several management changes in the past twelve months, all here, including “Toll rearranges the deckchairs. Again.” from mid-Feb – is that another prominent executive is set to …
It didn’t take long for the other shoe to drop – after UPS announced peak season surcharges for domestic parcel deliveries on 7 August, US parcel shippers were bracing themselves for FedEx to follow suit.
It duly did so this …
Despite the containership orderbook at an historic low, the top carriers have a backlog of 86 ships of over 10,000 teu stemmed for delivery over the next two to three years.
The orders were placed before the pandemic stunted global …
Zim has joined the fleet of major shipping lines posting impressive second-quarter profits, despite significant volume declines.
At $25.3m, the Israeli carrier’s Q2 net profit was its highest in a decade, and a whopping 394% increase on Q2 19.
Liftings …
