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Top 10 Predictions and Trends of Shipping Industry in 2021

This is a guest post by Paul Zhang. The epidemic made the entirety of 2020 beyond all expectations. Global trade stirred by the "black swan" of the epidemic ushered in a great recession and fell [...]

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2 Big Effects of Drone Attack on International Shipping

In case you missed the big news this weekend, a drone attack hit two oil facilities in Saudi Arabia on Saturday (September 14th, 2019). Here's a brief summary from an Aljazeera news [...]

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What’s Happening with Freight Rates Right Now

Don't look now, but peak season is upon us. Yes, those big volume shipping months when importers are bringing in products to line store shelves for the back to school and holiday seasons are [...]

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Are Ocean Carriers In Trouble?

"We're all going to go bust," MOL President and CEO Junichiro Ikeda said to the Financial Times about the near future of ocean carriers in the international shipping industry.

For [...]

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What’s Happening with Ocean Freight Rates?

What kind of freight rates are shippers getting right now on their ocean shipping? The last time we posted on freight rates was in August with a blog titled Freight Rate Wars: Carriers Strike [...]