Far East–Europe delays hit supply chains in December 2025
Container rates surged across major trade lanes as capacity shifts and port congestion continued to disrupt Far East–Europe, Far East–US, and Mediterranean shipping. Recent data from Xeneta and eeSea highlights...
CMA CGM revives Red Sea route on INDAMEX Loop
CMA CGM has confirmed that its INDAMEX service will now transit the Suez Canal on both fronthaul and backhaul rotations between India/Pakistan and the US East Coast — a structural...
Drewry Container Index falls as trans-Pacific rates slide
The Drewry World Container Index (WCI) fell 2 per cent week-on-week to $1,806 per FEU in Week 48, driven by lower rates on the trans-Pacific and Asia–Europe trades. Compared with...
Far East-US spot rates fall while Europe routes strengthen
Spot rates on key container shipping routes showed mixed trends last week, according to Xeneta. Far East to US trades saw notable declines, with average spot rates falling to $1,958...
Turkey has rejected a newly signed maritime demarcation agreement between Lebanon and Cyprus, saying the deal violates the rights of Turkish Cypriots and is therefore unacceptable. Lebanon and Cyprus signed...
UK to block maritime services for Russian LNG exports
The UK government announced plans to ban British companies from providing maritime services such as shipping and insurance for Russian liquefied natural gas (LNG) exports. According to Reuters, this measure...
Houthi pause signals relief for global shipping
Houthi militia have reportedly ceased attacks on Israel and Red Sea shipping — a development that could have major implications for global container trade. However, analysts caution that a large-scale...
Far East freight rates skyrocket amid capacity crunch
Average spot rates rose sharply across key Far East trades last week as carriers actively curbed capacity in the run-up to 2026 contract negotiations, according to Xeneta. As of 6...
Comoros unveils $137 million maritime growth vision
The President of the Union of the Comoros, Azali Assoumani, officially inaugurated the Maritime Corridor and Regional Trade Facilitation Project on 27 October 2025 in Moroni, marking a significant milestone...
Panama Canal, FIU partner to advance trade
The Panama Canal and Florida International University (FIU) have signed a Memorandum of Understanding (MoU) to strengthen cooperation in areas such as global trade, logistics, sustainability, water management, and public...
Gulftainer launches India-Gulf express to enhance trade
Gulftainer has launched its India-Gulf Express (GIX) — a new service connecting West India with key Gulf ports and streamlining regional trade. GIX links Nhava Sheva and Mundra with Gulf...
ICS hails breakthrough in US-China port fee suspension
The International Chamber of Shipping (ICS) welcomes reports of an agreement between US President Donald Trump and Chinese President Xi Jinping to suspend the recently imposed Section 301 port fees....
