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container shipping

How the SHIPS for America Act Could Shake Up US-China Trade at Sea

The proposed bill says that within 15 years, 10 percent of cargo imported into the U.S. from China must enter…

Maersk Says Global Trade Could Hit 7% Growth in 2025

"At this stage, there's nothing that would indicate that it could not be the case," North America president…

India Ports Strike Averted as Government Enforces Contract Terms

India's ports ministry is ordering the Indian Ports Association to implement wage adjustments and other…

US Navy Fends Off Multiple Houthi Attacks as Container Ships Still Avoid Red Sea

There have been 136 attacks on commercial vessels in the area since last November, and container lines have…

Gemini Alliance’s UK Port Swap is All About Schedule Reliability

Maersk and Hapag-Lloyd will stop at London Gateway instead of the Port of Felixstowe when their…

Panama Canal’s Proposed Land Bridge Would Move 5 Million More Containers by 2045

The project would require up to $1.4 billion in funding, as the canal's authority seeks ways to mitigate…

Hapag-Lloyd CEO Cautious on Trump Tariffs, but Praises ‘Very Healthy’ Demand

Rolf Habben Jansen said it was "difficult to judge" how much of the high container demand is due to…

Container Market’s ‘Sustained Demand’ Banks $2.7 Billion Profit for CMA CGM

The ocean carrier also reneged on a recent decision to return to the Suez Canal via its India-to-U.S. East…

A Trump Victory Signals a Wave of Imports Ahead of Expected Tariffs

If 2018 and 2019 are any indicator, retailers will race to bring products in ahead of any tariffs levied in a…

A Year Later, Houthis Show No Sign of Curbing Red Sea Attacks

The Yemeni militant group vowed to maintain the onslaught on shipping until Israel ends its military…

Maersk CEO Doesn’t Expect US Election to Sway Container Demand

"As long as the economy seems strong…there will be continued strong demand for container traffic," said…

Dali Owners Fork Over $102 Million in Key Bridge Collapse Settlement

The Singaporean firms that own and operate the vessel settled the civil case filed by the DOJ last month, but…

Report: Russia Provided Satellite Data for Houthi Attacks on Red Sea Shipping

The WSJ says the U.S. is worried Russia could provide the militants with anti-ship or anti-aircraft missiles…

Maersk Raises Earnings Guidance For Fourth Time in 2024

The carrier attributes the bump to its third-quarter results, strong container market demand and ongoing Red…

‘Havoc is Going to Start’ When Ocean Carriers Return to Suez Canal, Maersk Exec Says

Maersk and Hapag-Lloyd won't return to the Suez Canal when the Gemini Cooperation launches Feb. 1, opting to…