Trans-Pacific freight rates hit $9,500
Asia-US container rates surge to $9,500 per unit as Middle East conflict and typhoon disruptions tighten capacity
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268 storiesAsia-US container rates surge to $9,500 per unit as Middle East conflict and typhoon disruptions tighten capacity
The Kang Kon, Pyongyang’s most advanced warship, joins the fleet 15 months after capsizing during its botched launch.
Singapore-based carrier to absorb Swire Projects into its main brand next month.
CMA CGM, Bureau Veritas and SDARI unveil a Joint Development Project to integrate AI into container vessels.
A master mariner warns that decades of experience can breed dangerous overconfidence on the bridge.
Indian Navy may decommission three ageing Kilo-class submarines within five years.
A Philippine-flagged vessel loses 46 containers in rough seas off Batangas, triggering a Coast Guard recovery operation.
5-year agreement ensures reliability for the 37,000 GT Global Mercy and its sister vessel under construction.
A pilot’s simple transposition of two tug names led to a 1.9-knot current driving a tanker into a pier corner at 0400.
Two bulk carriers collided in dense fog after an untracked vessel went unnoticed in a congested Traffic Separation.