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Maritime News
Expeditors Shares Q2 Results Above Estimates Helped by Higher Freight Volumes
Global freight forwarder Expeditors International of Washington reported second-quarter profit and revenue above Wall Street estimates on Tuesday, helped by…
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Port News
MSC propels West Africa higher up the container ladder
Mediterranean Shipping Co (MSC), the world’s largest containerline, has single-handedly catapulted West Africa into Alphaliner’s list of the 10 trading…
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Port News
MSC spending spree leaps higher
Mediterranean Shipping Company (MSC), the world’s largest containerline, has embarked on its most aggressive acquisition campaign of the year, snapping…
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Marine World
Trump Drops Tariff Bomb On All U.S. Imports and Higher Reciprocal Rates
President Donald Trump said on Wednesday that he would impose a 10% baseline tariff on all imports to the United States…
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Marine World
Trump’s Trade Policy Uncertainty Could Send Ocean Freight Rates Higher, Xeneta Warns
President Trump‘s potential revival of sweeping import tariffs is creating widespread uncertainty in US shipping markets, with industry experts warning…
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Marine World
US Sanctions and Arctic Blast Drive Oil Prices Higher as Tanker Markets Face New Pressure
Global oil markets are facing significant pressure as U.S. sanctions on Russia and Iran intensify, while extreme weather conditions across…
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Marine World
Pipeline Pressure: Texas Shale Surge Pushes Gulf Coast Crude Prices Higher
By Arathy Somasekhar HOUSTON, Nov 4 (Reuters) – The difference in prices for U.S. shale oil in West Texas and at Houston has widened in the…
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Marine World
Container Carrier Profits Soar On Record Volumes, Higher Rates
By Brendan Murray Sep 1, 2024 (Bloomberg) –The global container shipping industry saw profits surge to more than $10 billion in…
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Port News
Box rates now four times higher than pre-pandemic
Container freight rates continue to trend upwards with Q3 looking like it will be one of the most profitable quarters…
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Maritime News
Jordan Adapts to Higher Shipping Costs From Red Sea Security Crisis
Jordan is bracing itself for extended shipping disruption in the Red Sea. Last week, Jordan’s cabinet led by the…
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