If the U.S. fines China-built containerships millions, one ocean carrier says it's likely to abandon the market and freight ...
Ocean freight rates are a key revenue generator ... The other two alliances are the Premiere Alliance, comprised of Japanese shipping company, ONE (Ocean Network Express), South Korea-based ...
many commercial shipping lines are now deliberately re-routing their ships to avoid the danger zone. This route normally carries 40 percent of ocean freight traffic between Asia and Europe ...
The companies that operate large container ships say they plan to keep going around Africa as violence flares in the region.
An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather ...
The survival of a major ocean freight carrier serving The Bahamas would be in jeopardy if the US proceeds with a Chinese-made ship fee that “would almost double” 40-foot container cargo rates.
For non-Chinese owned ocean carriers with fleets containing Chinese-built vessels, the service fee would be up to $1.5 million for each U.S. port of call. The massive jump in Chinese ship orders ...
Port fees on Chinese ships are aimed at boosting U.S. shipbuilding but could have follow-on effects for intermodal traffic, ...
That uncertain feeling has extended to ocean container rates, already in the throes of the traditional early-year lull, ...
Freight rates out on the ocean have continued their consistent ... The slide also largely coincides with a normal years’ cadence, as shipping rates traditionally drop once Lunar New Year begins ...