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container shipping

East Coast Strike Scare Sparked Clear Shift in December

Container shipping expert John McCown says imports at East and Gulf Coast ports were 3.9 percent below…

A Peek Inside India’s $9 Billion Vadhvan Port Project

By the time the port is completed in 2039, it is expected to be the largest container handling hub in India…

A Renewed US Shipbuilding Push Has Potential Side Effect—Higher Shipping Costs

The SHIPS for America Act proposed in Congress would be a boon to maritime shipping and security, but could…

Panama Audits Hong Kong Port Operator in Wake of Trump’s Canal Threats

Panama's government and President José Raúl Mulino have repeatedly denied that there is any Chinese presence…

Houthi Threat on Red Sea Shipping Still ‘Conditional’ Despite Israel-Hamas Ceasefire

Despite recently touting a Suez route, Mediterranean Shipping Company (MSC) said it will stick to Cape of…

USTR: China’s Shipbuilding Practices ‘Unreasonable,’ Harm US Commerce

The ruling opens the door for the incoming Trump administration to levy more Section 301 penalties against…

Red Sea Return Still Risky After Israel-Hamas Ceasefire

Hapag-Lloyd reiterated it will return to the Red Sea "when it is sufficiently safe to do so," while Maersk…

Crate & Barrel Says Ocean Carriers Failed to Honor Service Contracts

The home decor retailer and another now-bankrupt wholesaler, NBG Home, are the latest firms to take alleged…

As Retail Hails East Coast Port Deal, US-Bound Container Prices Might Ease

NRF and RILA are breathing a sigh of relief, while firms like Maersk, Hapag-Lloyd and Cosco saw stock prices…

Cosco Shipping Designated a Chinese Military Asset by US Department of Defense

The blacklist does not carry specific penalties, but discourages U.S. firms from doing business with the…

The Red Sea Crisis May Have Prevented an Overcapacity Crunch

Average capacity offered on Asia-to-Europe routes has increased just 8.8 percent, despite 31 percent more…

Maersk: East Coast Port Negotiation Standoff Remains ‘Unchanged’

The ocean carrier is sending a message to customers ahead of a possible second strike at the East and Gulf…

Disruptions at Ports and the Red Sea Shaped a Year of Crisis Navigation

2024 was dominated by the preparation for an Oct. 1 East and Gulf Coast port strike, and constant adaptation…

Red Sea Crisis Costs Egypt $7 Billion in 2024 as Suez Revenues Sink

In November, 115 container vessels passed through the canal, a 72 percent drop from the 422 that passed…

Hapag-Lloyd, ZIM Add Surcharges to Hedge Possible East Coast Port Strike

Additionally, ocean carriers MSC and CMA CGM will add transit fees at the Panama Canal Jan. 1 in response to…