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Hapag-Lloyd Sees Strong Q1, But 2025 Outlook Remains Uncertain
As it presented its first-quarter financial results today, Hapag-Lloyd cautioned that any cargo surge following the US-China trade tariff hiatus was likely to be short-lived. The G
White House to Impose 25% Tariffs on Autos and Select Parts
President Trump on March 26, signed a proclamation invoking Section 232 of the Trade Expansion Act of 1962 to impose a 25% tariff on imports of automobiles and certain automobile p
Hapag’s preliminary results highlight boxship financial strength in 2024
Hapag-Lloyd released preliminary financial results for 2024 coming in at the top of the profitability forecasts the company had already revised upward in October 2024. As the first
Terminal, Empty Park Rates to Rise from Jan 1, 2025
Please be advised that Terminals and empty parks will increase their rates effective January 1, 2025. The revised rates, commencing January 1, 2025 as below. There will be $8 Chain
The top 10 sanctions stories of 2024
Santosh Patil gets in early with a shipping annual review, giving readers his discovery and disco versions of how sanctions stories have played out this year. In the high-stakes wo
Houthis On Track to Earn $2B Annually from Shipowners
An as-yet-unreleased UN report suggests that Yemen’s Houthi rebels have figured out a way to monetize their blockade of the Red Sea: insiders report that the group is operati
Evergreen Chief Predicts Transpac Contract Rate Increases in 2025
Evergreen is to raise its transpacific contract rates for 2025, announced president Wu Kuang Hui on Friday, due to global supply chains being impacted by the impending dockers’ s
The Evolving Landscape of Road and Rail Freight: Trends and Challenges in 2024
The road and rail freight industry has always been the backbone of global trade, ensuring the movement of goods across vast distances and diverse terrains. As we enter 2024, this i
Positive Growth Evident in Global Trade Trends Early 2024
Global trade trends turned positive in Q1 2024, with goods and services trade increasing by 1% and 1.5% respectively, driven by the US, China, and India, according to UN Trade and
Container xChange Predicts Container Price Bubble Will Burst in H2 2024
Container xChange, a leading player in the global container shipping market, released its June market forecaster report, showing a significant 45% surge in container prices in Chin
