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Suez Canal Traffic Rises as Truce Sparks Hope for Full Red Sea Recovery

Latest shipping traffic data shows a steady rise in Suez Canal transits, with ships returning to the key Asia–Europe artery…
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Asia–Europe Carriers Announce New Rate Hike Effective 1 December

Carriers operating between Asia and Europe have announced a fresh general rate adjustment that will take effect on December 1.…
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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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