Top 5 Tips to Reduce Sea Freight Cost
Shipping goods by sea remains one of the most cost-effective ways to move large volumes internationally. However, rising fuel prices, fluctuating freight rates, and additional charges can quickly increase overall logistics expenses. By applying the right strategies, businesses can significantly reduce their sea freight costs without compromising on delivery timelines or service quality. Here are […]
Freight Rate Increase by MSC
MSC Mediterranean Shipping Company announces the following new freight rates, from all Far East ports (including but not limited to ports in Japan, Korea and Southeast Asia) to Northern European, Mediterranean (including West Med, East Med, Adriatic and North Africa) and Black Sea ports, as from 15 October 2025 until further notice but not beyond 31 […]
Box freight rates face summer lull
Little hope for next round of rate increases to hold. Greater capacity discipline is required from carriers if rates are to pick up. But there are few signs of that happening before the end of the peak season.
Carriers urged to cut more capacity ahead of China’s October Golden Week
Early peak season end and impending oversupply spell trouble for container shipping heading into China’s holiday lull. Carriers will likely need to suspend more services and must act quickly, if they want to shore up freight rates while minimsing disruptions for shippers, analysts say.
Panama Canal Restrictions Likely to Last for the Next Year
Restrictions on the draft of vessels and the number of daily transits at the Panama Canal appear to be the “new normal” for the operation. In interviews with Reuters and Agence France-Presse, Panama Canal Authority executives said they expect to maintain their current rules for at least 10 more months as they seek to manage […]