Topic of the Month: Nearshoring and Regionalization: Reshaping Trade Flows in Latin America Over the past decade, global companies have been rethinking how and where they produce, source, and distribute goods. As a result, two closely connected trends have gained momentum across international trade: nearshoring, which brings production closer to end-consumer markets, and regionalization, which ...
The Korean shipbuilding industry, which recorded 7.97 million CGT (195 vessels) in global ship orders during the first half of this year — a 60% surge year-on-year — is now expanding its reach into…
Since the second half of the year began, on-time arrival rates for ships at major Asian ports have fallen. The shipping industry says worsening arrival delays could increase upward pressure on ocean…
Global maritime authorities have warned that the emergence of “parallel systems” threatens to create a two-tier structure in international shipping that undermines trust and safety at sea.
A new report released yesterday demonstrates why the International Maritime Organization (IMO) should immediately act to reduce black carbon pollution by requiring the use of cleaner marine fuels in…
Container shipping rates have risen for six consecutive weeks. This is attributed to sustained demand in the Americas and delays in vessel schedules at major Chinese ports due to consecutive typhoons.