Shipping companies face heightened risks of attack as the Houthi extend their targeting to vessels and business partners associated with Israeli trade
Chinese ports recover after typhoon closures, Panama ports strain under surging volumes, and German rail closures trigger widespread delays
Duty will be on top of existing tariffs and come into effect within 21 days
The company further announced investment in Panama Canal Railway for USD 687 million
Works to convert the 20,000 teu containership Cosco Shipping Libra are expected to be completed in August
MSC expands with standalone Oceania - East Coast North America service, Gemini alliance restructures amid port congestion, and ONE boosts Intra Asia connectivity
French carrier CMA CGM and others announce Low Water Surcharge as navigability restrictions loom
Maersk Gironde and SFL Composer are currently anchored for damage assessment after the incident
Suez Canal transits by containerships in July were equal to the 133 passings in June
Urgent infrastructure improvements are needed as the port operates at over 90% capacity, impacting Costa Rica's maritime gateway
Chinese rescue authorities successfully extinguished a fire on the Stratford in a four-day rescue operation
CBP designated to implement and collect new US port fees targeting Chinese-linked vessels
Severe weather conditions in China lead to road collapses, resident evacuations, and increased flood risks, with authorities raising emergency response levels and issuing warnings for further downpours