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The carrier declared force majeure on the TS Chennai 2604E sailing on 24 July, having served the China–Red Sea trade since at least December 2025. In the same month Maersk moved two services back ...
The Q2 rebound carriers spent the spring pricing into their contracts finally reached the spot market in June, and it arrived with force. Drewry's WCI composite climbed 5.0% in a week to US$4,166 per ...
The leading B2B publication for the global ports and container shipping industry. Trusted by industry professionals worldwide.
COSCO Shipping Holdings is in advanced talks to order up to 12 LNG dual-fuel container vessels from CSSC's Hudong-Zhonghua Shipbuilding, according to shipbroker reports circulated this week. If ...
The leading B2B publication for the global ports and container shipping industry. Trusted by industry professionals worldwide.
APM Terminals has agreed to acquire a 37.5% minority stake in DP World's Southern Container Terminal at the Red Sea port of Jeddah, in a deal that gives the Maersk-owned operator its first foothold in ...
A Federal Maritime Commission ruling that gave US truckers the right to choose their own chassis provider has unwound the cooperative model that has organised intermodal equipment at Los Angeles and ...
The global container terminal industry has just completed what may be the most financially significant year in its history. Across every major operator and most port authorities that have reported ...
The US and Israeli military strikes against Iran that began on 28 February have triggered a simultaneous disruption of both the Strait of Hormuz and the Red Sea, creating a dual chokepoint crisis ...
Barge operators on Europe's Rhine corridor are contending with average congestion-related delays exceeding 96 hours at deep-sea container terminals, a figure that Gunther Ginckels, director at inland ...
Three weeks into the Hormuz crisis, the disruption has moved beyond carrier withdrawals into a wholesale restructuring of supply chains — from Iran's monetised shipping corridor to Maersk's Gulf ...