US pending home sales surge to highest in nearly 3 years in November, NAR says
Contracts to purchase previously owned U.S. homes unexpectedly shot to the highest in nearly three years in November, as improving…
Yang Ming seals newbuild deal worth $160m for four ultramax bulkers
Taiwanese owner’s Kuang Ming subsidiary to build vessels with Japanese yards
Australian shippers call for end to ocean carrier anti-trust immunity
Current anti-trust protections “have enabled foreign-owned shipping lines to exert disproportionate control over pricing and service levels” in Australia’s maritime…
Red Sea return poses disruption threat to Asia–Europe trade
Although the timeline is still uncertain, a resumption of the shorter Suez routing brings its own risks, with analysts warning…
Evergreen to invest $174 million on new containers
The Taiwanese carrier said the box orders were split between three different suppliers, including its own manufacturing subsidiary.
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