Shipping: latest news, insights and analysis | ESM Magazine

Ukrainian Wheat Offered Lowest At $244 Per Metric Tonne At Huge Egypt Tender

Ukrainian wheat has been offered lowest at $244 per metric tonne at Egypt's largest single tender, a price traders say is at a premium due to delayed payme...

Maersk Sees Container Demand Growing At A Slower Pace

Shipping company Maersk has said the global demand for container transport is expected to continue to grow in the next few quarters albeit at a slower pace...

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Higher Shipping Rates Feeding Through To Higher Manufacturing Costs

Higher shipping rates, resulting from attacks on ships in the Red Sea, as well as low water levels in the Panama Canal, are having a knock-on effect on man...

Unilever Beats Profit Expectations Despite Disappointing Sales

Unilever posted worse than expected underlying quarterly sales after it was unable to win back shoppers it had alienated in recent years with higher prices...

Retailers' Early US Back-To-School Sales Hasten Peak Ocean Shipping Season

Retailers Walmart, Target and Shein kicked off back-to-school sales early to stop Amazon.com's Prime Day event from siphoning US sales of backpacks and lap...

AI Can Help Shipping Industry Cut Down Emissions, Report Says

The global commercial shipping industry could cut down its carbon emissions by 47 million tonnes per year by deploying artificial intelligence fo...

Delivery Concerns Cost UK Online Retailers £34.4bn In Lost Sales In 2023, Study Finds

More than a quarter of online transactions in the UK were abandoned at the checkout due to delivery-related concerns, a new study has shown.

Shipping Group CMA CGM Gets Q1 Boost But Sees Overcapacity Looming

CMA CGM benefited in the first quarter from a rebound in demand for consumer goods and higher freight rates linked to Red Sea disruption, but expects an in...