Author Archives: Kalees Thavamani

Asia US Container Rates Ease as Market Sees Increased Capacity and Lower Demand

Shipping container rates from Asia to the US have mostly softened this week as available capacity increased across major trade lanes, while demand…
Continue reading

Intra‑Asia Freight Rates Climb amid Year-End Rush Despite Market Volatility

Drewry’s Intra‑Asia Container Index shows that spot container rates across intra-Asia trade lanes increased by an average of around 4% from late October…
Continue reading

United States and Korean Ports Join Forces to Advance Green Shipping and Maritime Decarbonisation

The Busan Port Authority (BPA), Northwest Seaport Alliance (NWSA), Port of Tacoma (PoT), Port of Seattle (PoS), and Ulsan Port Authority (UPA) have…
Continue reading

Red Sea Ceasefire Raises Hopes for Suez Canal Revival, Yet Major Risks Persist

A recent ceasefire by Yemen’s Houthi forces has sparked renewed optimism that commercial shipping could return to the Suez Canal after months of…
Continue reading