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Houthi Attack on Ship Kills 3 – Ocean Shipping Balanced “at Maximum Capacity” and Vulnerable

The situation in the Gulf of Aden and Red Sea, forcing ocean freight carriers to route ships away from the Suez Canal, got worse yesterday (Wednesday, March 6th). Antisemitic, Iran-backed Houthi [...]

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Decoding OSRA: Section 16. Dwell Time Statistics

As we continue to see the beginnings of how the recent and ongoing changes to U.S. shipping law affect businesses’ imports and exports as well as carriers’ and other industry stakeholders’ [...]

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As Carriers Squeeze Shippers, FMC to Hold Hearing on Red Sea-Related Surcharges

Many shippers feel like ocean freight carriers are unfairly taking advantage of recent global events for financial gain. In particular, many believe the Red Sea-related surcharges carriers are [...]

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Carrier Alliance Reshuffle Moves Are Happening

Big changes are happening in the international shipping landscape, or waterscape (?), as the 2M, Ocean, and THE carrier alliances are reshuffling. These three carrier alliances, tying all of [...]

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Escalations in Red Sea, More Diversions, More Ships, More Freight Rate Pressure

Missile Strikes U.S. Cargo Ship A CBS News video reports that the Iran-backed Houthi rebels, who have been attacking ships in the Red Sea, hit the U.S. cargo ship Gibraltar Eagle with a missile [...]

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2024 Expert Freight Rate Outlook in Wake of Red Sea Attacks & Rate Spikes

What should shippers expect when it comes to freight rates in 2024? Predicting trends is never an easy thing, as international shipping's freight rates have always been highly volatile. Shippers [...]

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Good News for Shippers in Wake of Red Sea Attacks & High Freight Rates

Anti-Israel, Iranian-backed Houthi rebel attacks on container ships in the Red Sea. Freight rates spiking. Cargo delays. That's what has dominated international shipping news over the last few [...]

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Top 10 International Shipping Blog Posts of 2023!

What were Universal Cargo's top blog posts of 2023? Every year, we like to count it down from 10 to 1, classic David Letterman style. Sometimes we do the top 10 international shipping news [...]