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Container Freight Rates in Freefall: Demand Slump Deepens as Carriers Grapple with Network Overhauls

March 24 2388 Read More

Global container spot rates continue their downward spiral, driven by a more pronounced post-Lunar New Year demand slump and shifting trade dynamics. Despite a

Tariff Uncertainties Impact U.S. Port Imports in 2025

March 14 3628 Read More

The National Retail Federation reports that retailers continue to front-load imports into U.S. ports due to tariff uncertainties and potential fees on Chinese-b

Zero-Emissions Ports

March 04 6473 Read More

When pioneering scientists like Benjamin Franklin, Nikola Tesla, and Michael Faraday first explored electricity, none could have foreseen their discoveries shap

Hungary's Quest for Seaport Access Nears Completion with Trieste Project

February 27 5774 Read More

Hungary, a landlocked country, is closer to achieving its long-sought-after access to the sea with the commencement of construction on a new seaport in Trieste,

Trump's Tariffs on China Benefit Exporters in Vietnam, Thailand, and South Korea

December 04 7079 Read More

The anticipated tariffs on Chinese goods by US President-elect Donald Trump are likely to increase containerized imports from Vietnam, Thailand, and South Korea

Australia Maritime Safety Authority Issues Fourth Ban on Cargo Ship This Year Over "Unsafe Carg

November 22 3078 Read More

The Australian Maritime Safety Authority (AMSA) has issued its fourth ban of the year on a cargo ship, this time citing unsafe cargo operations as the reason fo

Maersk Halifax Returns to Service After Pioneering Methanol Conversion

November 19 6711 Read More

Maersk has announced the successful reintegration of its inaugural methanol-converted container vessel into its fleet. The Maersk Halifax is currently on its fi

Containership Delays Hit Pandemic-Era Peaks

November 05 8895 Read More

The average delay for delayed containerships has seen a continuous increase in 2024, reaching the highest levels since the pandemic's peak and the surge in

ONE Reports Significant Profit Increase in Q2 2024 Amid High Vessel Utilization

November 01 7281 Read More

Japanese container line Ocean Network Express (ONE) announced its interim results for Q2 2024, revealing substantial profit growth driven by increased shipping

Shanghai Poised to Exceed 50 Million TEU Milestone in 2024

October 25 4887 Read More

Shanghai’s combined container operations are on track to become the first port in the world to handle over 50 million TEUs in a single year, city officials rep

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