Freight Rates News
Latest articles and news about Freight Rates on AXL Media.
Latest Articles
- South32 Downgrades Manganese Production Following Cyclone Disruptions and Geopolitical Volatility
Published: Apr 22, 2026
Section: Companies & Industry
South32 has cut its Australian manganese production forecast to 3 million wmt after Tropical Cyclone Narelle disrupted its Gemco mine. The company also warned that Middle East tens...
- Maritime Standoff as 1,900 Vessels Stranded Near Strait of Hormuz Amid Iranian Transit Restrictions
Published: Mar 26, 2026
Section: Middle East
Tehran’s effective closure of the Strait of Hormuz to U.S. and Israeli-linked traffic has left nearly 1,900 commercial ships anchored in the Persian Gulf. This blockade has paralyz...
- Israeli Carrier Zim Reports 78 Percent Profit Plunge Ahead of Historic 4.2 Billion Dollar Hapag-Lloyd Acquisition
Published: Mar 10, 2026
Section: Science & Tech
Zim Integrated Shipping Services concluded 2025 with a net profit of $481 million, down from $2.15 billion the previous year, as freight rates and container volumes softened. The r...