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Oil shipping rates soar on higher Mideast exports, tighter vessel availability
19 Sep 2025 16:40 GMT
Freight rates for Very Large Crude Carriers soared to their highest in more than two years, according to industry sources and LSEG data, as tanker supply tightens with a rise in Middle East exports and more arbitrage supplies to Asia.
The key VLCC spot …
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Container Shipping Rates Continue Decline as Tariff Concerns and U.S. Port Fees on China Reshape Trade
19 Sep 2025 00:44 GMT
The maritime shipping industry is facing multiple headwinds as the Drewry World Container Index (WCI) fell 6% to $1,913 per 40ft container this week, marking the 14th consecutive week of decline. This downward trend comes amid intensifying trade tensions, …
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Biggest rail union endorses Union Pacific merger
23 Sep 2025 04:19 GMT
… and lead to even higher shipping rates.
The president of the Brotherhood …
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Biggest rail union joins others in endorsing Union Pacific merger but some still have...
22 Sep 2025 23:41 GMT
… and lead to even higher shipping rates.
The president of the Brotherhood …
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Biggest rail union joins others in endorsing Union Pacific merger but some still have reservations
22 Sep 2025 22:04 GMT
… and lead to even higher shipping rates.
The president of the Brotherhood …
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Red Star Express Plc Delivers Strong Financial Results and Shareholder Value in 2025: A Deep Dive into the Company's AGM and Strategic Vision
22 Sep 2025 11:04 GMT
… , and input pressures from global shipping rates (up 8% per Drewry Index …
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Another Voice: What could be changed?
21 Sep 2025 14:00 GMT
… ;E unilaterally makes on their shipping rates. Consequently, Ukiah could help stabilize …
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London stocks finish weaker on mixed UK data
19 Sep 2025 23:33 GMT
… ’.
Clarkson lost 3.28% as shipping rates from Shanghai continued to fall …
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Express to Europe: another Chinese shipping company launches Arctic route
19 Sep 2025 14:03 GMT
… per container.
It said the shipping rates for the Arctic line service …
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Melbana Starts Drilling New Cuban Production Well
19 Sep 2025 11:46 GMT
… parts of the world on shipping rates also made the shipment of …