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IMF Warns Trump's Tariffs Could Halve Global Trade Growth in 2025

April 23 2975 Read More

The International Monetary Fund (IMF) has issued a stark warning that global trade volume and economic growth will be significantly reduced if the US continues

Saudi Arabia Emerges as a Major Player in the Feeder Shipping: Market Analysis and Projections

April 22 4094 Read More

In the ever-evolving landscape of global shipping, the feeder shipping market presents substantial growth opportunities, with Saudi Arabia poised to take a lead

Turbulent Waters: Tariffs and Trade Shifts Roil Transpacific Shipping

April 17 6818 Read More

The Trump administration’s erratic tariff policies have created fresh turmoil in the transpacific shipping market, despite recent efforts to ease tensions. Whi

Trump’s Tariff Sparks Container Cancellations, Threatens Transpacific Trade

April 10 6754 Read More

The recent imposition of steep U.S. tariffs has forced Asian exporters to cancel hundreds of container bookings, as American buyers balk at higher costs. Taiwan

Brooklyn Marine Terminal Revitalization Advances with $18M Investment

March 27 6875 Read More

The New York City Economic Development Corporation (NYCEDC) has awarded three maritime infrastructure contracts totaling $18 million to upgrade operations at th

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

March 24 2611 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 3842 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 6657 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 5916 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 7236 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

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