Container ships are the backbone of global trade, carrying 80–90% of the world’s non-bulk cargo and enabling the efficient ...

A supply and demand imbalance continues to weaken pricing on U.S. container trade routes as ocean carriers chase a softer market with more ships, particularly to the U.S. East Coast, Xeneta data shows ...

ISLAMABAD, Jan. 6 (Xinhua) -- Pakistan on Tuesday launched the construction of a 1,100 twenty-foot equivalent unit (TEU) container ship for the Pakistan National Shipping Corporation (PNSC) at the ...

In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEU, beating the previous record from 2015 when 1.7 million TEU was delivered. “The 2023 record is now likely ...

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Congestion at the Port of Singapore has gotten so bad that 90 percent of container ships are arriving at the site later than scheduled, Singapore’s transport minister Chee Hong Tat told the country’s ...

The ongoing supply and demand imbalance is driving down container prices on U.S. trade routes, as ocean carriers deploy more ships in a soft market. Spot rates as of Dec. 11 from Asia to the U.S. West ...