Reuters: CMA CGM points to a difficult year ahead as shipping faces overcapacity and falling demand

Reuters reports: The container shipping industry is bracing for a challenging year as new ships boost capacity while demand slows, French group CMA CGM said on Friday, pointing to early orders in 2025 driven by trade tensions. CMA CGM, the world’s third-largest container line, on Friday reported EBITDA (earnings before interest, taxes, depreciation and amortization)…

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Spot rates for containers to the US are still falling, but Asia and Europe are getting a FAK boost

Spot shipping rates for containers from Asia varied this week between the North American and European markets. Trans-Pacific spot rates have resumed their downward trajectory after a brief rise the previous week, with this week’s Drewry World Container Index (WCI) release following last week’s move in the Shanghai Container Freight Index (SCFI). This week’s match…

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How Blockchain technology enhances trust and transparency in international trade

International trade forms the backbone of the global economy, connecting producers, suppliers and consumers across borders. However, they also involve complex networks of intermediaries, including banks, shipping companies, customs authorities and regulatory bodies, each of whom handles sensitive information and transactions. This complexity often leads to inefficiency, fraud risks, and delays due to a lack…

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