Spot rates normally head upwards at the start of the peak season as demand increases. But high inflation is taking…
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The captain of a fuel tanker arrested by the Indonesian navy in May on suspicion of illegally anchoring in its waters has been jailed for 15 days and fined 200 million rupiah ($13,350), a navy spokesman said on Wednesday.The Nord Joy, a Panama-flagged …
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While spot rates head in the right direction for ocean freight from the Far East to the South America East coast, short-term air freight rates are failing to take off on major intra-Asian and long haul trades, according to Xeneta.“Certainly…
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Shipping’s transition to zero carbon is being hindered by a reluctance on the part of cargo owners and charterers to…
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