“Despite falling 1.1% m/m in both November and December, US retail sales volumes remain 13% above 2019 levels and 6% higher than the pre-COVID trend. However, sales volumes could return to trend during 2023 and thereby pose a risk for Asia to North America container volumes…

Container freight rates will keep declining in the current realignment of shipping demand and supply, said the chief executive of Germany's liner Hapag Lloyd, the world's number five by transport capacity."The party is over. We are back to a normal shipping business…

A specialist ship purchased by the U.K. Royal Navy to support mine-hunting operations has arrived in Plymouth.When deployed, the vessel will be based at Naval Base Clyde and used as a mother ship tp support the safeguarding of U.K. waters from the threat of mines at sea…

An Italian ice-breaker carrying scientists researching in the Antarctic has sailed further south than any ship has done before, the organizers of the voyage said on Tuesday, a further sign of how ice is retreating around the poles.The Laura…