News Flash | Sea and Job

Asia-US container rates fall on rising capacity; liquid tanker rates mixed

Shipping container rates from Asia to both US coasts fell again this week as capacity has grown and as volumes have fallen after frontloading to beat tariffs, and liquid tanker rates rose on the transatlantic eastbound route and fell on the US Gulf to Asia trade lane....

VLCC Tanker Market Steady Last Week

Clean LR2 MEG LR2s showed positive signs of recovery this week with increased activity. The TC1 75kt MEG/Japan index ticked up 6.11 points to WS130 and TC20 90kt MEG/UK-Continent assessments remained around the $3.3m level. West of Suez, Mediterranean/East LR2s of...

Trump’s shipbuilding plan could upend ocean cargo industry, companies warn

President Donald Trump’s plan to revitalize the U.S. shipping industry could heap massive costs on ocean transport operators and spawn a new round of supply chain chaos around the world, executives told Reuters. Trump’s administration aims to pay for an American...

AET and Fleetzero Sign Agreement to Develop World’s Longest-Range Hybrid Electric Vessel

AET, a leading global owner and operator of maritime transportation assets and specialised services, and Fleetzero, a developer and manufacturer of modular marine batteries for hybrid and electric ships, have recently signed an agreement for the development of the...

Fed may need to stay patient on rates until summer, Bostic signals

New policies under the Trump administration are placing the U.S. economy in “incredible flux,” Atlanta Federal Reserve Bank President Raphael Bostic said on Thursday, and he suggested it is unlikely that the Fed will have enough clarity to move on interest rates...

Japan ready to declare end to deflation, economy minister says

Japan has cleared the key threshold for the government to officially declare an end to long-term price deflation, economy minister Ryosei Akazawa said on Friday. The remark highlights the government’s optimism over the economic outlook, which could affect the timing...

Asia-US container rates fall on rising capacity; liquid tanker rates mixed

VLCC Tanker Market Steady Last Week

Trump’s shipbuilding plan could upend ocean cargo industry, companies warn

AET and Fleetzero Sign Agreement to Develop World’s Longest-Range Hybrid Electric Vessel

Fed may need to stay patient on rates until summer, Bostic signals

Japan ready to declare end to deflation, economy minister says

Recent News