European freight rate development
Comparing CTS’ all-in rate levels from Europe to rest of the world for January, February and March 2025 with the same months of 2024, there was a..
Suez Canal trying to attract more traffic
In the hope to convince carriers to return to the Suez Canal route, the Suez Canal Authority has introduced a 15% discount on transit tolls for large..
U.S. and China slash tariffs in major trade breakthrough
The United States and China have agreed to suspend the majority of tariffs on each other’s goods, signaling a significant easing of trade tensions between the two..
Maersk starts 2025 very well
In the first quarter of 2025, revenue of the ocean division of the A.P. Moller Maersk group grew by 33% to USD 8.91 billion. EBITDA and net..
Carriers launch massive ordering spree
Sky-high US import tariffs, massive US port charges on China-owned or built ships, looming overcapacity and an economic crisis in the making does not stop carriers from..
Higher container traffic in Piraeus port
Container traffic at Terminals 2 and 3 at the Port of Piraeus’s Container Terminal (PCT) is showing an upward trend, despite the fact that the ongoing crisis..
Worldwide growth rates by trade lane
After a sound growth in 2024 and the first month of 2025, in February, worldwide seaborne container trade suddenly contracted by 0.7% to 28.4 million TEU, most..
Chinese retaliatory tariffs increase pressure on shipping
Greater pressure on shipping is expected following China’s immediate response to the tariff war declared by US President Donald Trump, with analysts pointing out that the consequences..
Exporters Association: Impact of tariffs on the Greek market expected to be limited
The Greek Exporters’ Association (SEVE) appears cautiously optimistic about the impact of Trump’s tariffs on the Greek economy. More specifically, the Association said that “there will be some..
Ship speeds lower in response to environmental targets
The implementation of a „speed limit“ on ships to reduce pollutant emissions has been a subject of ongoing discussions among shipping companies and industry organisations over the..


