Global trade flows have adjusted to new geopolitical developments last week, with Red Sea diversions maintaining their grip on vessel demand patterns. Against this backdrop, timecharter earnings hit their highest levels since October 2024, with…
Over the first nine months of this year, cargo throughput at the Port of Klaipėda increased by 11% compared to the same period last year, reaching 28.7 million tons. The largest share of cargo flow consists of container cargo and ro-ro, alongside…
Descartes has released its September Global Shipping Report, which analyzes the latest economic and logistics trends shaping U.S. imports and global trade.According to data from Descartes’ global trade intelligence platform, Descartes Datamyne:U…
SC Ports ended the first quarter of fiscal year 2026 with steady container volumes and strong year-over-year growth for both inland ports and vehicle volumes. The Port of Charleston handled 212,363 TEUs in September, a slight dip below planned…
A trade group representing the aluminum industry called on Tuesday for a ban on U.S. exports of used beverage cans to China to support American production of cars, fighter jets, tanks and satellites.The Aluminum Association said the United States…
A Chinese container ship has completed a pioneering journey through the Arctic to a UK port, state-run news agency Xinhua reported, cutting in half the usual transit time for the electric vehicles and solar panels aboard destined for Europe…
The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, hit a two-week high on Monday on expectations of higher shipping costs after China pledged to charge additional ports fees for U…
Medov Group acquired a majority stake in Programma Mare S.r.l., a historic La Spezia-based company that has modernized traditional packaging methods for the storage and international shipment of yachts.The announcement was made by Giulio Schenone…
DASSAI MOON Project, the World's First Test Brewing of Sake in SpaceLaunch of space brewing equipment from Tanegashima on October 21The space brewing equipment jointly developed by Mitsubishi Heavy Industries, Ltd. (MHI) and DASSAI Inc., a sake company based in Iwakuni City…
In the October update of 'Global Trade Outlook and Statistics', WTO economists provide new analysis on the build-up in inventories in 2025 and the robust trade in artificial intelligence-related goods such as semiconductors, servers, and telecommunications equipment…
Canada's merchandise trade deficit widened in August to C$6.32 billion ($4.53 billion), its second highest on record, as exports both to the U.S. and the rest of the world fell, data showed on Tuesday.The August data had been expected to show a more permanent impact of U…
DP World has launched first dedicated reefer rail freight service from Thimmapur, Hyderabad to Nhava Sheva (JNPA), in collaboration with Ocean Network Express (ONE). This solution has enabled the first-ever refrigerated rail movement from DP World Thimmapur ICD to Nhava Sheva…
The EU Commissioner for Animal Welfare Olivér Várhelyi has responded to a letter from animal welfare NGOs about the plight of calves transported by truck on ferries from Ireland to the EU.The letter detailed three separate studies which found that the calves were negatively impacted…
U.S. LNG exports hit a record in September at 9.4 million metric tons, beating their previous record of 9.3 million MT in August, according to preliminary data from financial firm LSEG.The increase was fueled by strong sales to Europe and Asia…
The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell on Monday, pressured by declining rates across all vessel segments.The main index, which factors in rates for capesize, panamax and supramax shipping vessels…