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The India-Middle East-Europe Economic. Corridor (IMEC) is being considered as a multi-country effort to enhance connectivity across Asia, the Middle East, and Europe through improvements in infrastructure, trade systems, and clean energy collaboration. The development of a multimodal trade infrastructure unlocks scope for long-term economic expansion across connected regions. Corridor-based development enables deeper participation in global value chains and expands […]
The reefer container market in Q3 2025 continues to be influenced by long-term route diversions, regulatory shifts, and seasonal fluctuations. While geopolitical negotiations in the Red Sea offer hope for a return to the Suez route, most carriers remain cautious. As a result, rerouting via the Cape of Good Hope persists, adding 10–14 days to transit times and stretching capacity […]
Building on Brazil’s abundant renewable energy resources and strategic geographic location, this study assesses the country’s potential to become a global leader in supplying renewable marine fuels to the international shipping sector. The authors analyze the readiness of Brazilian ports to support the production, bunkering, and deployment of renewable hydrogen and its derivatives, such as renewable ammonia and renewable methanol, […]
London, Shanghai, Hong Kong, Dubai and Rotterdam all maintained their places in the top six maritime centres globally, owing to their continued role in providing key maritime services, industry-leading port infrastructure and adhering to global environmental regulations. The Xinhua-Baltic International Shipping Centre Development Index (ISCDI) provides a comprehensive ranking of the world’s top 43 port cities and maritime centres, employing […]
Capacity has remained above demand on Transpacific since mid-June. On Asia-Europe trade the market remains robust, with capacity aligned with demand. On the Asia to South America trade the picture is mixed: The ECSA market is strong but facing a capacity shortage, while WCSA demand remains low. Carriers, having added capacity on the Transpacific quickly to capture early gains, now […]
In 2023, port-related activities across the NWSA gateway supported more than 265,000 jobs, delivering approximately $17.7 billion in wages and benefits and generating nearly $55 billion in total business output. A newly released regional economic impact analysis reveals that The Northwest Seaport Alliance (NWSA), in partnership with the Port of Tacoma and the Port of Seattle, continues to serve as […]
The impact of the tariff turmoil is probably most visible in the evolution of the global manufacturing PMI’s export subindex. This component dropped by almost three points in April (to 47.3), but recovered in subsequent months The global manufacturing PMI rose back to expansion territory in June (50.3), after having dipped below the neutral 50 mark separating expansion from contraction […]
This edition of the Maritime Sector Report for 2024 reveals the developments in the maritime sector both in Türkiye and the World. Source: Turkish Chamber of Shipping
In 2024, an estimated 576 containers were lost at sea out of approximately 250 million transported. While this represents an increase from 221 containers lost at sea in 2023, it remains well below the 10-year average of 1,274. Container losses in 2024 were influenced by shifting global trade patterns, particularly in response to attacks on merchant shipping in the Red […]
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