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Container ship spot freight rates plummet, putting pressure on long-term contract rates.

According to Shipping Exchange news, analysts stated that the current spot freight rate situation in the container shipping market is very favorable for shippers,...

Container ship spot freight rates plummet, putting long-term contract freight rates under pressure.

Shipping industry news, analysts say the current spot freight rate situation in the container shipping market is very favorable for shippers, providing an opportunity...

East-West Shipping Rates Continue Downward Trend

According to The Loadstar, the ongoing Golden Week holiday in China has led to a pause in the Shanghai Containerised Freight Index (SCFI) this...

Aurora lights up Arctic box trade with 33-day China–St Petersburg run

Russian container carrier Aurora Line has launched another test sailing along the Northern Sea Route (NSR), advertising a 33-day voyage from China to St...

The shipping companies’ rate bluff is exposed

After months of artificially high rates, container prices have dived. The drop reveals the long-known imbalance between supply and demand, says chief analyst Peter...

IoMSPCo to spend GBP 120 million on building new fast ferry to replace existing MANANNAN

High-speedIrish Sea ferry operator the Isle of Man Steam Packet Co (IoMSPCo) is to spend GBP120 million in building a new fast ferry for...

UK’s Royal Navy Highlights Increased Monitoring of Russian Vessels

The UK’s Royal Navy reports that it has seen an increase in the number of Russian vessels transiting the English Channel, and it...

IMAS technology for unmanned surface vessels

Addressing the growing challenges of high-speed USV operations Once a niche technology, Unmanned Surface Vessels are now at the center of a profound transformation in...

Hefring Marine’s IMAS technology offers safety solution for high-speed USVs

Once a niche technology, Unmanned Surface Vessels (USVs) are now at the centre of a profound transformation in the maritime industry, writes Hefring Marine....

IMAS Technology Mitigates Risks for USVs

Once a niche technology, Unmanned Surface Vessels (USVs) are at the center of a transformation in the maritime industry. From offshore surveying and environmental...
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