MOL and Hitachi Repurpose Ships as Offshore Data Centers
Japanese shipping giant Mitsui OSK Lines (MOL) has signed a memorandum of understanding with Hitachi and Hitachi Systems to develop, operate and commercialise floating data centres
New War Front Emerges as Houthis Enter the Conflict
The Iran war’s second month has opened with a sharp escalation in threats to global shipping, as Iranian-backed Houthi rebels fired their first missiles since the conflict began,
Air Cargo Charter Rates Hit Covid-Era Highs Amid War
Air charter rates have surged to “Covid-era” levels as the Iran conflict triggers a sharp capacity squeeze and volatile fuel costs, with brokers warning the market is being pus
Operational Disruptions in the Middle East
Due to the rapidly evolving situation in the Middle East our network of logistics partners has been releasing advisory notices and operational updates for shipments in the affected
Container Lines Rethink Red Sea Routes After Iran Attacks
Carriers halt Hormuz transits and suspend Suez/Red Sea routings amid Iran conflict risks About 170 containerships totalling 450,000 teu are stuck inside Hormuz; Middle East Gulf po
Air Freight Rates Set to Spike as Iran War Escalates
The war launched by the United States and Israel against Iran on Saturday is already disrupting air cargo traffic in the Middle East, a key freight corridor between Asia and Europe
Airspace Closure Forces Qatar Airways to Halt Flights
Qatar Airways Cargo has confirmed the temporary suspension of its flights to, and from, Doha due to the closure of Qatari airspace. “The airline is working closely with governmen
Middle East Shipping Update: Suspensions, Reroutes, War Risk
We would like to provide an important update regarding developments in the Middle East and their impact on global container shipping services. Due to the escalating security
Freight Rates Explained: Data, Volatility, and Demand
Container freight rates are no longer governed purely by the traditional supply and demand factors, but increasingly by geopolitical shocks and the speed at which information moves
Early Transpac Spot Rate Slump Signals Market Trouble
The flatlining of the pre-Chinese New Year shipping peak was in evidence in the past couple of weeks with falling spot rates, however new analysis from Sea-Intelligence suggests th
