Freight Rates News

 

DataMondial Launches AI-Driven Service for Processing Ocean Freight Rates

Apr 15, 2025

DataMondial, a player in the world of data and document processing, announced the launch of its latest service: an AI-powered robotization system for processing ocean freight rates. This new service is designed to help logistics providers manage…

BIMCO: Freight Container Rates Drop 28%, Worst First Quarter in Twenty Years

Apr 02, 2025

Average container freight rates for Chinese exports have dropped 28% since the start of the year, according to BIMCO. This posts the worst first quarter development in twenty years. Based on input from twenty-three liner operators, the China…

Black Sea Shipping Rates Soar 20% as Reinsurers Cut Cover

Jan 06, 2023

Costs for hiring ships to transport commodities from the Black Sea have risen by more than a fifth since the start of the year, reflecting higher war risk insurance rates, industry sources said.The Black Sea is crucial for the shipment of grain…

Logistics News

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Syria Signs New 30-Year Deal with CMA CGM

Syria Signs New 30-Year Deal with CMA CGM

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

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South Korea's FLC purchases about 60,000 metric tonnes of feed wheat, traders claim
China's Zhejiang Jiaao receives export license for sustainable aviation fuel
South Korea's FLC purchases about 66,000 T of corn in a private deal, traders claim