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Another record-breaking month for container shipping demand from China to North America and North Europe, but signs volumes may have peaked

Ocean container shipping demand from China to North America and North Europe continued to break records in June as importers rushed to protect supply chains amid the global disruption caused by conflict in the Red Sea. The latest data, released this week, shows 800 000 TEU (20ft equivalent container) were shipped from China to North …

Another record-breaking month for container shipping demand from China to North America and North Europe, but signs volumes may have peaked Read More »

Internatonal Seaways focused on replacing aging fleet during second quarter: CEO

Tanker operator International Seaways spent the second quarter replacing a portion of its aging fleet, as order books grew to about 11% of its total fleet, with seaborne activity bolstered by increased demand paired with ongoing disruptions to oil markets, the company said Aug. 7. “Strong tanker market naturally would dictate more ordering and the …

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