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New CMA CGM Peak Season Surcharge for Asia-La Reunion Routes
CMA CGM is implementing a Peak Season Surcharge (PSS) for shipments traveling from Asia to …
Liner Operators See Highest Margins Since 2010 (Ex-COVID)
Strong Demand and Capacity Shortages Drive Rates Up Liner operators are reporting their strongest operating …
Vietnam’s Exports Reach $14.64 Billion in First Half of May
Strong Export Growth Continues Vietnam’s exports maintained their impressive growth trajectory in the first half …
Asia-MED Shipping Times Soar 39% Due to Red Sea Crisis
Shipping routes between Asia and the Mediterranean (Asia-MED) are experiencing significantly longer transit times due …
Maersk Air Cargo’s Expansion Plans Despite Industry Downturn
Maersk Air Cargo, the airfreight arm of Danish shipping giant A.P. Moller-Maersk, is bucking the …
Container Shipping Rates Surge After Dropping Early 2024
Container shipping rates have seen a dramatic increase since May 2nd, 2024, following a period …
MV Dali Refloated: Baltimore Port Resumes Limited Operations
The container ship MV Dali, which caused a two-month closure of major shipping lanes at …
Hapag-Lloyd updates Peak Season Surcharges to North America
Shipping giant Hapag-Lloyd has implemented new peak season surcharges for cargo shipped to North American …
Shippers Face Deadline for EU’s FuelEU Maritime Regulation
Shipping companies operating in the European Union need to prepare for stricter environmental regulations. The …
ONE Launches New China-Vietnam-Thailand (CVT) Service
Leading container line Ocean Network Express (ONE) has announced the launch of a brand new …
Introduce World’s First Methanol-Powered Tugboat – Methatug
The Port of Antwerp-Bruges takes a significant stride towards becoming a climate-neutral port by 2050 …
Red Sea Crisis Chokes Asian Port, Threatens The Supply Chain
Asian ports are facing a surge in congestion reminiscent of the pandemic era, due to …
Container Ship MSC Capetown III Catches Fire at Colombo Port
A potentially catastrophic fire aboard the container vessel MSC Capetown III at the Port of Colombo was successfully extinguished by the Sri Lanka Ports Authority (SLPA) …
Beyond Methane Pledge: A Call to End LNG in Shipping
Civil society organizations target methane emissions, urge investment in zero-emission solutions A global shift away from liquefied natural gas (LNG) is on the horizon, driven …
Airfreight Market Soars, Peak Season Anticipation Builds
Global airfreight demand surged in July, driving up rates across the board and setting the stage for a potentially explosive peak season. According to Xeneta, …
Vietnam’s Hoa Phat Makes Waves in Global Container Market
Hoa Phat Container Production (HPCP), a subsidiary of Vietnam’s leading industrial conglomerate Hoa Phat Group, has secured a major deal with global shipping giant Hapag-Lloyd. …
Ocean Network Express Boosts Korea-Vietnam-Thailand Trade
Singapore-based shipping giant, Ocean Network Express (ONE), has announced a significant upgrade to its KVT (Korea-Vietnam-Thailand) service. Effective August 4th, the service will feature an …
US Mega-Airlines Struggle to Capitalize on E-commerce Boom
Despite strong overall performance in the second quarter, US airlines Delta, United, and American have been unable to fully capitalize on the surging e-commerce market …
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