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Ocean carriers

Dollar General Claims Yang Ming Owes $14.8M Over Failure to Fulfill Contract

The discount retailer claims the carrier diverted reserved cargo space to higher-paying customers, leading…

Pakistan Slashes Port Qasim Export Fees 50% in Bid to Revive Trade, Lure Ocean Carriers

Facing regional restrictions, the Port Qasim Authority cut costs for exporters in effort to boost apparel…

US-Iran Clash Sparks Strait of Hormuz Blockade Threat Fears

A blockade would likely be a more targeted operation focused on U.S. and Israeli shipping, according to a…

Chain Reaction: Michael Goldman of Caru Containers on Why ‘Sourcing Diversity is Paramount’

In this Q&A, Goldman discusses how Caru Containers supports its partners in building more resilient and…

China-to-US Freight Rates ‘No Longer Surging’—Is it All Downhill from Here?

After weeks of escalating trans-Pacific container prices in the wake of a tariff truce between the U.S. and…

USTR Eases Port Fees for Foreign Vehicle Carriers, Scraps LNG Export Mandate

The decision follows the office's decision to dial back its first proposal to impose port docking fees on…

Hapag-Lloyd Bookings Double on China-US Route in Weeks After Tariff Truce

Hapag-Lloyd revised its global container demand outlook upward from a previous flat growth forecast to an…

Panama Canal Sees Post-Drought Spike in Container Shipping Transits

In the first five months of 2025, crossings via the canal jumped 10 percent annually as geopolitical tensions…

As CMA CGM Flirts with Red Sea Comeback, Will Others Follow Suit?

In June, the carrier will reroute its MEDEX service—connecting ports across the Middle East, Indian…

Carriers Ramp Up Trans-Pacific Capacity on Expected Demand Rally

Asia-to-U.S. cargo is expected to average 560,000 TEUs over the next four weeks, a 48.5 percent increase over…

CMA CGM’s $600M Vietnam Port Project Reflects ‘Sharp’ Container Demand

The ocean carrier is building a deep-water terminal complex at Hai Phong Port as Vietnam gains a larger share…

Trans-Pacific Freight Rates Soar as China Cargo Bookings Rebound

The SCFI index shows weekly Shanghai-to-U.S. West Coast spot rates escalating 32 percent after President…

Hapag-Lloyd: China-to-US Volumes Surge 50% Since Tariff Rollback

The ocean carrier affirmed its full-year guidance even amid the uncertainty both geopolitically and in the…

Suez Canal Offers 15% Rebates to Attract Shipping Back to the Red Sea

CMA CGM appears to be making a slow return to the canal, representing 19 percent of tonnage passing through…

Ocean Carriers Levy Surcharges, Cut Pakistan Port Calls Amid India Trade Embargo

MSC, Hapag-Lloyd and CMA CGM are relying more on transshipment hubs like Colombo and Salalah, and smaller…