The agreement will see US tariffs on Chinese imports fall to 30% and Chinese tariffs on US goods drop to 10%
Some carriers have diverted from Karachi as India-Pakistan tensions escalate, with cargo being rerouted via Colombo and Singapore
Extensive construction work will halt rail transport to and from key terminals, impacting TEU volumes
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April canal transits rose 9% in neopanamax locks versus March, and declined 6% in the panamax locks
Mexico is investing in port and road expansions to strengthen its economy and global trade position despite tariff uncertainties
The shipping giant enhances cargo tracking with OneWireless and transitions to blue containers
New 30-year concession includes construction of additional containership berth, investment by CMA CGM is valued at about $260m
Heavy delays and significant congestion at the Port of Antwerp post-strikes, Japanese ports reopen ahead of another of 24-hour strike, and increasing congestion at northern Chinese ports
Houthis say Israeli-owned ships are still ‘banned’, essentially marking a return to its December 2023 targeting scope
Chief executive Vincent Clerc cites operational efficiency improvements and increased focus on automation and cost management as key factors enabling Maersk to maintain its financial outlook
‘The Houthis have announced that they don’t want to fight anymore. They just don’t want to fight, and we will honour that, and we will stop the bombings,’ Trump told reporters, adding that the Houthis said ‘they will not be blowing up ships anymore’
Ships in vicinity of Ras Isa and Hodeidah at higher risk of collateral damage, UKMTO says
While US ports face an import volumes drop due to tariffs, capacity shifts to other trade lanes with potential congestion from a future rebound