Multipurpose vessel (MPV) owners are actively choosing to keep their older ships in service, resisting the traditional practice of scrapping. This decision stems directly from the current strength and
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Shipping carrier Yang Ming reported a strong second-quarter performance. This period significantly surpassed both the first quarter of the current year and the same period last year. However, the comp
by Cargo Demand Fuels MPV Sector Confidence
Multi-Purpose Vessel (MPV) operators are reporting a significant surge in market optimism. This positive outlook stems from a powerful combination: robust demand for cargo shipping and a pronounced sc
by CMA CGM Reports Strong Q2, Cautions on H2 Demand
Shipping carrier CMA CGM delivered solid financial results for the second quarter. It also saw a significant surge in July cargo volumes. Despite this, the company expresses caution. Tariffs, geopolit
by Tech Sectors Propel Air Cargo Demand Amid Slowing Growth
Global air freight spot rates climbed a significant 38% year-over-year in June. This notable surge in demand primarily stems from robust activity within the artificial intelligence (AI) and semiconduc
by Intra-Asia Shipping Rates Climb on Strong Demand and Rising Costs
Intra-Asia shipping rates currently experience significant double-digit increases. This notable upward trend stems from a combination of robust regional cargo demand, buoyant market sentiment, and ele