And the COVID-19 pandemic saw hundreds of ships were reportedly stranded outside congested ports across the globe.At any ...
The 4,400-teu SCI Mumbai (built 2008) is reported fixed to French liner giant CMA CGM for six months at $50,000 per day. The ...
The new service is expected to reduce transit times and costs for shipping companies and exporters while enhancing trade efficiency ...
Washignton: The Red Sea crisis has emerged as a critical flashpoint of the conflict in the Middle East, upending global trade and maritime transport, port activity in the MENA region, and ecological ...
Liner operators have embarked on a new battle for market share following the biggest reshuffle of carrier alliances in ...
The Red Sea crisis has severely disrupted global trade, increasing shipping costs, rerouting maritime traffic, and causing ...
The growing acceptance of e-commerce across the globe accelerates the shipping market’s growth. Hence, investors might ...
With tensions over the release of Israeli hostages jeopardizing the ceasefire agreement, ocean carriers would seek to avoid ...
While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.
Could a sudden drop in pollution from cargo vessels criss-crossing global shipping lanes be inadvertently making the world ...
A.P. Moeller-Maersk reported stronger than expected Q4 profit, boosted by higher freight rates due to Red Sea trade disruption.
Maersk, the world’s second-largest container line, reported solid gains in 2024 in its ocean, logistics and terminals businesses.