Chief executives of major Danish shipping companies have expressed concerns over inflated costs of shipping due to the ongoing geopolitical turmoil in the Middle East. The US-Israel conflict with Iran that began earlier this year has caused substantial disruption to...

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In the crude oil tanker market, conditions remained firm in the first half of the fiscal year, as in the previous fiscal year. From September onwards, the vessel supply-demand balance tightened due to an increase in cargo volumes following the unwinding of voluntary...

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The Drewry World Container Index (WCI) declined for the third consecutive week, easing 1% to $2,216 per 40ft container, due to softer rates on Asia–Europe, Transpacific and Transatlantic trade routes. Despite elevated fuel costs and ongoing geopolitical risks, rates...

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New UNCTAD dashboard tracks risks across shipping, energy, food and finance as shocks from the Strait of Hormuz spread through the global economy. What began as a shipping disruption in one of the world’s most critical maritime chokepoints has become a wider...

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