Disruption in the Red Sea driving up container prices
Since the year began, container prices have increased dramatically in practically every industry and age group. After a prolonged period of deterioration during which the sector’s values
Container Shipping in 2023: The Changing Landscape
The container shipping sector experienced a significant collapse in freight rates in 2023, impacting the top ten container shipping companies more severely and rapidly than anticipated. This
Unrest in the Red Sea rises demand for containers
Due to the Houthi rebels’ ongoing attacks, the Red Sea—a crucial route for East-West trade—is experiencing unparalleled volatility. This has resulted in higher fuel and insurance prices,
Olvi Forwarding Ltd Expands its Reach with New Branch
Olvi Forwarding Ltd, a Cyprus-based forwarding company, has recently announced the opening of its new branch in Hong Kong. This expansion marks a significant milestone in the
Chinese New Year aftermath will be different this year
It is well known that Chinese New Year, the biggest festivity of the year in the country, creates a certain level of turbulence in the supply chain.
Maersk, IBM to shut down blockchain joint venture TradeLens
Maersk and IBM caused a stir when they revealed TradeLens as a blockchain solution for global trade in 2018, signing up dozens of partners. Not long after its
Switzerland is on the way to innovative freight transport
By 2031, a brand new and innovative means of freight transport can appear in Switzerland. It will be fully dedicated to moving freight via the special underground