International shipping costs have risen over the past 18 months for many types of products. The near-term outlook for rates is favorable for shippers, but longer-term trends not so much. Outside of ...

Global shipping rates are skyrocketing as the Iran-backed Houthi militants in Yemen step up their attacks on commercial shipping vessels in the Red Sea, a critical waterway for world trade. New data ...

Rare rise in freight costs worldwide strains shipping routes vital to GCC exporters Dubai: A rare year-end spike in global shipping rates is creating new challenges for the energy exporters worldwide, ...