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Home | Posts tagged "Shipping Costs"

Tag: Shipping Costs

Europe’s Freight Costs Set to Rise as Newer Fleets Enter the Market

  • Maritime
  • News Feed
by Newsdesk - 19 August 202419 August 2024

The maritime sector in Europe is bracing for an uptick in freight costs, driven by the introduction of newer, more advanced fleets into the region's

Red Sea Shipping Crisis Disrupts Global Supply Chains and Fuels Inflation Concerns

  • Development
  • Economy
  • News Feed
by Newsdesk - 20 February 202420 February 2024

Images: jp.morgan The Red Sea shipping crisis, triggered by Houthi rebel attacks on cargo ships and tankers, is sending shockwaves through global supply chains, forcing hundreds

Cost Plunge: Panama Canal Congestion Relief Brings Down Shippers’ Expenses

  • News Feed
  • Shipping
by Editor - 15 January 202415 January 2024

Image:Rikin Katyal The cost for shippers to navigate through the Panama Canal has experienced a remarkable drop, alleviating the financial strain on maritime logistics. The backlog

Red Sea Shipping Update: Some Major Players Still Navigating Cautiously

  • Industry Updates
  • News Feed
by Editor - 2 January 20242 January 2024

Getty: Image Major shipping companies, including Hapag-Lloyd, Evergreen Line, and MSC, continue to avoid the Red Sea despite a new US-led security operation. The operation, named

Panama Canal Crisis Update: Global Shipping Faces Tough Choices

  • News Feed
  • Shipping
by Editor - 5 December 20235 December 2023

The Panama Canal, is grappling with an unprecedented challenge after drought conditions force a squeeze on its operations. Shippers worldwide now find themselves at a

EU’s Emissions Trading System Set to Impact Maritime Industry

  • News Feed
  • Shipping
by Editor - 19 September 202319 September 2023

Ships transporting goods to and from the European Union will soon face significant emissions charges as they become part of the bloc’s Emissions Trading System

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