Since late in 2023, we have seen ocean shipping rates start to increase again, with the global average container rate as of January 11, 2024 at more than $3,000 per 40 foot container, the highest ...

A question mark is hanging over Australian owner Wellard’s future after the sale of its last vessel. The company said on Tuesday that it has agreed a disposal of its 13,500-dwt livestock carrier Ocean ...

Yemen’s Houthi rebels have signaled that they plan to stop attacking ships with links to the U.S. and U.K. after a ceasefire ...