Latest News Higher trans-Atlantic ocean rates plateau as demand rally slows Choked container yards strain terminal operations at Sri Lanka's Colombo Port Non-US offshore wind revival drives vessel ordering splurge FMC collects civil penalty from Maersk on detention bills Early-stage tech fund targets maritime industry with $200 million More News ✕ More News & Analysis Higher trans-Atlantic ocean rates plateau as demand rally slows Spot rates on the corridor hit their highest level of the year in the first half of May, but there are mixed views on whether demand will continue into the summer. Choked container yards strain terminal operations at Sri Lanka's Colombo Port Industry sources say operations have been affected by yard congestion and associated delays in inter-terminal transfer activity, which is an integral part of transshipment operations. Non-US offshore wind revival drives vessel ordering splurge Vessel operators are banking on rising demand for ships to support the growth of wind farm installations over the next decade.