Company News

20Cube Updates… Freshly Served

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…
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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%…
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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…
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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…
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India Introduces Voluntary Post-Clearance Customs Revision Rules to Boost Transparency and Ease of Trade

In a major move toward modernizing customs administration and facilitating smoother trade processes, the Central Board of Indirect Taxes and…
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Carriers under Pressure as Ocean Freight Spot Rates Slide Back to Pre-Pandemic Levels

Spot freight rates in the container shipping market are once again hovering around pre-pandemic levels, putting growing pressure on liner…
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