World-leading global Freight Forwarding specialists Peters & May has continued to strengthen during the first six months of 2022 despite market challenges caused by the ongoing impact of Covid-19 and the conflict in Ukraine. The Peters & May marine team,...

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The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, notched up its biggest daily jump in seven months, powered mostly by a 43% jump in the larger capesize segment. The overall index, which factors in rates for...

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Workers at Britain’s biggest container port Felixstowe plan to stage a second eight-day strike over pay, a notice on the port operator’s website said on Tuesday, adding to a wave of industrial unrest caused by soaring inflation. The port of Felixstowe in eastern...

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China’s eastern Zhejiang province ordered ships to return to port, asked schools to close and evacuated tourists on nearby islands, with one of the strongest typhoons this year making landfall imminently. Typhoon Muifa intensified into a strong typhoon on Tuesday as...

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As China grapples with the zero COVID policy and resulting lockdowns, the demand for containers declines amidst the busiest peak season shipping. The interesting trend from the month of August has been the 36% increase in the average container prices and 21% increase...

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