A major ocean container line reversed its decision to return to the Red Sea just weeks after resuming scheduled sailings ...
Ocean shippers can’t be blamed for feeling a little seasick. Port strikes, trade concerns, changing carrier alliances and geopolitics will continue to roil maritime transportation in 2025. The attacks ...
Fishermen from the fishing vessel Bonanza transport four survivors, U.S. citizens, to the container ship Coqui after rescuing them, with the assistance of a Coast Guard aircrew, from a life raft in ...
Some ocean carriers are invoking 'force majeure' as a result of the Port of Baltimore bridge collapse and telling shippers including U.S. retailers that once cargo is dropped at alternate ports, it's ...
Just as the Federal Reserve and U.S. economy get good news on inflation, with consumer prices and wholesale prices softening, a major global trade inflation indicator is headed in the wrong direction.
Backed by $1.8 billion from Hutchison, CMA CGM and Cosco, the Ain Sokhna terminal comes online amid renewed confidence in ...
An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...
A.P. Moller-Maersk and one of its top brand partners unveiled one of the world’s first green methanol-powered vessels at a Port of Los Angeles naming ceremony on Tuesday. The Alette Maersk, so named ...
Import-laden container traffic into Nigerian seaports rose by 33.1 per cent to 268,713 Twenty-Foot Equivalent Units (TEUs) in ...
Spot ocean freight rates from the Far East to the U.S. popped between 36%-41% month over month, and ocean carriers increased additional charges known as general rate increases by roughly 140%, ...
Ocean carriers are declaring "force majeure" due to the Baltimore port bridge crisis, telling logistics companies and U.S. shippers including retailers that once cargo is dropped off at alternate ...