The good news for ocean carriers is that spot rates remain exceptionally high, despite the recent pullback, implying strong profits for the current quarter 

The European Commission’s plan to overhaul the Emissions Trading System from 2030 would earmark billions for shipping decarbonisation and include more neighbouring ports to stop evasive calls

Vessel movements at Kuwait’s Shuaiba Port remain suspended for both inbound and outbound traffic due to safety reasons

Mediterranean Shipping Co is pushing for EU ETS exemptions for its containerships’ transhipment calls at EU ports, as pressure grows to weaken the green regulation in its ongoing revision

Escalating attacks by Russia and Ukraine on ships, ports and maritime infrastructure in the Black Sea are driving up costs, shrinking vessel availability and reviving fears of a return to the uncertainty that followed the collapse of the grain deal in 2023

UAE’s Fujairah and Khor Fakkan port activities and business operations are proceeding effectively and without disruption

Port access, cargo operations alongside vessels at berth, and other port activities continue as normal. ISPS Level is now 2

Economic forecaster BMI says the resumption in US-Iran attacks points to a slower return to normal in the Strait of Hormuz, with harsh implications for Middle East Gulf economies

Lloyd’s List’s weekly showing of the data and figures behind our news, analysis and markets coverage

Port access, cargo operations alongside vessels at berth, and other port activities continue as normal and remain ISPS Level 1

Container spot rates may be just taking a temporary breather, with more gains to come, or they may have hit a ceiling. What happens next hinges on how much cargo was frontloaded and how much peak-season volume is still to come