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Atlantic Suezmax mini-rally to cool off as the year ends

Suezmax rates from the US Gulf, Guyana, and West Africa to Europe have surged by approximately 35–45% since hitting one-year lows at the end of November. This rise contrasts starkly with intra-regional rates for shipments to Europe—originating from the Mediterranean, North Sea, and Black Sea—which have remained subdued. The divergent trajectory between intra-regional and cross-Atlantic …

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Tackling record-breaking carbon emissions doesn’t always mean higher ocean freight spend – here’s why

Total emissions from container shipping in the first 10 months of 2024 are up 13.8% globally compared to 2023 and on track to set a new all-time record for the full year. The latest data, released and analyzed by Xeneta and Marine Benchmark, shows the increase in emissions in 2024 is primarily a result of …

Tackling record-breaking carbon emissions doesn’t always mean higher ocean freight spend – here’s why Read More »

Shipping giant Maersk expects strong demand and ‘another year of disruption’ for global trade in 2025

The past year has been a strong one for North American import trade demand, and that should continue for both ocean and air cargo into 2025, according to shipping giant Maersk, but so will supply chain disruptions. After year-on-year growth in North American market imports of roughly 20%-24% across the first three quarters of 2024, …

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