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Maersk updates Peak Season Surcharges from Far East Asia

Maersk has implemented new peak season surcharges for shipments from Far East Asia to various …

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Container Ship Capacity Surges in 2024 – Oversupply Concerns

Record Deliveries Push Fleet Growth Despite Recycling The global container ship industry is experiencing a …

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Hapag-Lloyd and IKEA Team Up for Sustainable Shipping

Hapag-Lloyd and IKEA Supply Chain Operations join forces to decarbonize container shipments from Asia, marking …

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Air Cargo Market Soars in Q1 2024 – Uncertain future

The air cargo market has experienced a surprisingly strong start in 2024, with demand exceeding …

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CMA CGM, Hapag-Lloyd Announce PSS for Asia-Africa Routes

Marseille-based CMA CGM and German ocean carrier Hapag-Lloyd have implemented Peak Season Surcharges (PSS) for …

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Houthi Drone Attack Targets MSC Orion Ship in Indian Ocean

Houthi rebels launched a long-range drone attack on the MSC Orion, a 15,000 TEU container …

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Hapag-Lloyd Launches Real-Time Tracking for Dry Containers

Hapag-Lloyd, the world’s first shipping line to offer fleet-wide dry container tracking, has unveiled its …

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Vietnam’s Exports in Q1/2024: US Soars to Highest Growth

US Market Explodes with Highest Growth on Record: Exports to the US reached $25.77 billion, …

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IBIA and BIMCO Join Forces to Decarbonize Shipping Industry

The International Bunker Industry Association (IBIA) and the Baltic and International Maritime Council (BIMCO) have …

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New Asia-East Coast South America Service by Major Carriers

Major carriers are boosting trade between Asia and East Coast South America with a new …

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CMA CGM Announces Rate Increases and Peak Season Surcharges

CMA CGM, a major shipping line, has announced changes to their rates and surcharges that …

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Temporary Channel Opens for Boosting Baltimore Traffic

The Captain of the Port of Baltimore has announced the opening of the Fort Carroll …

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Typhoon Gaemi Wreaks Havoc in Taiwan: Cargo Ship Sinks

Typhoon Gaemi has caused widespread devastation across Taiwan, resulting in the sinking of a cargo ship and the grounding of several others. The powerful storm …

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FMC Cracks Down on Ocean Carriers: New Rule Shield Shippers

The US Federal Maritime Commission (FMC) has introduced a new rule that will significantly curtail the ability of shipping lines to deny space for booked …

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Air Cargo Industry Recovers from Global IT Outage

Air cargo operations are gradually returning to normal following widespread disruptions caused by a global IT outage last week. The incident, triggered by a faulty …

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Suez Canal Revenue Plummets Amid Red Sea Crisis

Suez Canal Traffic and Revenue Collapsed The Suez Canal Authority (SCA) has revealed a catastrophic 23.4% decline in annual revenue for the fiscal year 2023/2024. …

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World Shipping Council Reports Lower Container Loss at Sea

The World Shipping Council (WSC) announced a significant decrease in containers lost at sea in 2023, marking the lowest number since record-keeping began in 2008. …

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Posidonia 2024: Tackle Shipping Industry Challenges

The Tradewinds Shipowners Forum at Posidonia 2024 featured a dynamic opening session with key industry leaders discussing pressing challenges and opportunities in the maritime sector. …

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