container shipping
Maersk Places $5 Billion Bet on India’s Port and Shipbuilding Boom
The ocean carrier's commitment aligns with the country's long-term ambitions to become a top-five…
Houthi Deadline for Gaza Aid Puts Red Sea Shipping Security in Doubt
The militant group said Friday it would resume naval operations if Israel didn't lift its blockade on…
Is Trump’s Plan for a U.S. Shipbuilding Office the Latest in His Crusade Against China?
The president told lawmakers on Tuesday that he plans to establish a new shipbuilding office to bring ship…
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CMA CGM: US Port Fees Would Have ‘Significant Effect on All Shipping Firms’
CFO Ramon Fernandez said there was no avoiding the potential impacts of a proposal for Chinese-built ships to…
As Ocean Freight Rates Take the Plunge, MSC Tinkers its East-West Network
Container prices on Asia-to-North America have largely subsided since the winter, when shippers made a mad…
Panama Canal Board Approves Plans for New Reservoir to Combat Drought
Construction on the project, which includes a dam, is slated to begin in 2027 and take four years to complete.
Proposed USTR Port Fees on Chinese Ships ‘A Sledgehammer With All Sorts of Adverse Consequences’
All ocean carriers with China-built ships would be impacted, and would likely pass costs to shippers and end…
Uncertainty Over Israel-Hamas Ceasefire Puts Red Sea Return in Peril
With tensions over the release of Israeli hostages jeopardizing the ceasefire agreement, ocean carriers would…
Panama, US Play ‘He Said, She Said’ on Free Canal Passage
Panama President José Raúl Mulino and the canal's operator denied the State Department's claim that the…
Maersk CEO: ‘You Get One Shot’ at Red Sea Return
Vincent Clerc stressed it would cost "hundreds of millions of dollars" if the ocean carrier brought vessels…
Trump Tariffs Throw a Wrench in Ocean Carriers’ Desire for Predictability
If the new China tariffs stick, they would cause significant challenges for carriers relating to new pricing…
Suez Canal Expects ‘Further Stability’ in Coming Weeks
Suez Canal Authority chairman Osama Rabie recently met with Maersk CEO Vincent Clerc, as the ocean carrier…
UPS Lowers Amazon Volume; Hapag-Lloyd Sees Rise in Container Transport
UPS plans 50 percent cut in Amazon volume, while Hapag-Lloyd sees Q4 earnings gains, but geopolitics could…
Pre-Lunar New Year Rush Escalates Congestion Across Chinese Ports
According to data from container shipping analysis firm Linerlytica, 10.5 percent of global vessel capacity…
Amazon Slapped with $96M Complaint by Chinese Ocean Carrier for Breaking Contract
The e-commerce giant backed out of a two-year contract after an 11-month period where spot freight rates…