container shipping
CMA CGM Pledges No Surcharges When US Port Fees Kick in
As the French ocean carrier says it has contingency plans to maintain service levels, Maersk and Hapag-Lloyd…
Dozens of Containers Fall Off Cargo Vessel at Port of Long Beach
Fallen stacks forced the closure of one terminal, sent goods bound for major U.S. retailers into the water…
Cosco, OOCL Face $2 Billion Hit From Impending US Port Fees on Chinese-Built Ships
Without a network adjustment, the Chinese carriers stand to see significant contraction of EBIT margins due…
Bangladesh and India’s Most Active Cargo Ports Strain Under Volume Surge
Rerouted shipments and record container volumes are testing capacity at Chattogram and Mundra ports, causing…
India Charts $1 Trillion Course to Become Maritime Powerhouse
At a New Delhi roundtable, India's shipping minister pitched global envoys on mega port projects, green…
OOCL Warns US Port Fee Impact ‘Relatively Large’ as Cosco Looks Beyond Trans-Pacific Trade
The trans-Pacific trade lane generated 29 percent of container shipping revenue for Cosco and OOCL in the…
ZIM Warns of Weak Peak Shipping Season as Freight Rates, Volumes Slide
"Maybe the bulk of it is already behind us," said ZIM chief financial officer Xavier Destriau, as poor…
Hapag-Lloyd Warns of Slower Container Demand in H2 2025, Plans $1B in Cost Cuts
The cost-cutting program is largely driven by the carrier's recent phase-in into the Gemini Cooperation…
Panama Canal Authority Plans to Build Its Own Ports Amid US-China Tensions
The canal operator plans port terminals on the Atlantic and Pacific coasts, alongside a new gas pipeline as…
Vietnam Trade Expansion Fuels $14B Port Project
A Vietnamese conglomerate is planning on building a new port complex and logistics center in Hai Phong as the…
Maersk Lifts 2025 Outlook as Global Container Market Defies Tariff Turbulence
The ocean carrier now expects worldwide container market growth to expand between 2 percent and 4 percent…
Dali Shipowners Sue Vessel Manufacturer Over Baltimore Bridge Collapse
The Singaporean duo claims Hyundai Heavy Industries is negligent for designing a faulty switchboard on the…
Houthis Vow More Red Sea Attacks on Israel-Linked Ships
Last month, the Yemini group attacked multiple vessels, killing four seafarers on the bulk carrier MV…
Trans-Pacific Freight Rate Declines Show No Signs of Letting Up
Spot rates from Asia to U.S. ports have plunged over 50 percent since June peak, with blank sailings and a…
European Port Congestion is ‘Here to Stay’ Through 2025
Vessels are enduring wait times of up to 10 days for a berth in the Port of Rotterdam's World Gateway…