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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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Navigating Myanmar’s Maritime Challenges: Insights for International Shipping

This is a guest post by James Raussen, Eaint Hmue Htut, and Ye Yint Zaw Win. Myanmar's maritime landscape boasts seven major ports, each playing a vital role in the nation's international trade. [...]