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Blame Game Commences as Legal Options Explored in MSC Elsa 3 Sinking

May 30 4522 Read More

Kerala state government authorities in India are exploring legal avenues to hold MSC accountable for the MSC Elsa 3 incident off the Cochin coast. The vessel, a

Maersk Shifts UK Port Calls Amid Northern Europe Congestion

May 08 5713 Read More

In a recent update to customers, Maersk announced a temporary shift of its transatlantic TA5 service calls from London Gateway back to Felixstowe, effectiv

Chittagong's Patenga Container Terminal Offers New Opportunities for Carriers in Bangladesh

May 06 5320 Read More

The recently inaugurated Patenga Container Terminal (PCT) at Bangladesh’s port of Chittagong is expanding its operations, providing carriers with new options f

CMA CGM Secures Controlling Stake in Brazilian Terminal Operator

April 28 5497 Read More

French shipping giant CMA CGM has officially become the majority shareholder of Santos Brasil Participações S/A, a major multi-terminal operator in Brazil, fo

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

April 23 3330 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 4445 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 7145 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 6977 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 7018 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 2738 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

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