Red Sea

Hapag-Lloyd container volumes increased on robust trade growth but diverted voyages away from the Red Sea hurt average freight rates.

One of the biggest ocean container shipping partnerships said it will return to the Red Sea-Suez Canal trade route with help from naval forces.  

Ocean Network Express posted a net loss of $88 million in the third fiscal quarter on weaker container traffic and rates. 

A chilling video by Yemen’s Houthi militia seemed to threaten more violence against Red Sea shipping if the U.S. attacks Iran.

Ocean container rates out of Asia fell by double-digits in the latest week following Chinese New Year.

A major ocean container line reversed its decision to return to the Red Sea just weeks after resuming scheduled sailings through the troubled trade route.

A return of major liners to the Red Sea could return massive capacity to shipping and further pressure rates in an uneven market, an analyst says.

Maersk is returning to the Red Sea for the first time since Houthi rebels began attacking shipping in 2023.

Iran protests could signal a positive change for shipping as Maersk makes another successful voyage on the contested Red Sea-Suez Canal shipping route. 

Rising trans-Pacific ocean freight rates are expected to climb further as demand picks up in anticipation of the Lunar New Year holiday.

A Maersk vessel made a successful transit of the Red Sea, but the carrier said it is not ready to commit to a full return to the Suez Canal trade route.   

Ocean Network Express will return to the Red Sea in a slot charter agreement with Regional Container Lines of China

A supply and demand imbalance continues to weaken pricing on U.S. container trade routes as ocean carriers chase a softer market with more ships, particularly to the U.S. East Coast, Xeneta data shows.

A recent uptick in eastbound container rates couldn’t offset trans-Pacific prices that are 20%-30% lower than a month ago.

Container ships sailing through the Suez Canal marked the second-lowest weekly level amid talk of a return by the largest box carriers through the Mideast trade route. 

Container rates on the benchmark Asia-U.S. container trade route fell due to overcapacity, while a Red Sea return may pressure rates, and congestion.

Maersk denied reports that it has set a timeline to resume services through the Red Sea-Suez Canal route.

The world’s third-largest container carrier said Q3 profits fall 72.6% on geopolitics and heightened trade tensions.

Descartes: U.S. container imports in October posted only the second month-over-month decline in the past decade.

Yemen militia’s possible halt to Red Sea attacks may drastically cut shipping freight rates, but uncertainties persist.