Pakistan has struck a deal to cancel 21 liquefied natural gas cargoes under its long-term contract with Italy's Eni as part of a plan to curb excess imports that have flooded its gas network, according to an official document and two sources…
CMA CGM will register 10 container vessels to be delivered in the next three years under the French flag, adding more seafarers from its home country after facing calls to contribute more to France's debt-stricken economy.CMA CGM, the world's third-largest container shipping line…
The U.S. has become the first country to export 10 million metric tonnes (mmt) of liquefied natural gas in a single month, according to preliminary data from financial firm LSEG.The U.S. exported a record 10.1 mmt of the liquid fuel in October…
The European Anti-Fraud Office (OLAF) led a large-scale joint customs operation, NOXIA II, successfully targeting shipments suspected of containing illicit cigarettes, waste, drug precursors, and pesticides.The operation led to the coordinated seizure by the participating customs authorities of 149…
Port Houston crossed the three million TEU mark in September, reaching 3,270,595 TEUs year-to-date, the fastest pace in Port Houston’s history. Total container volumes are up 5% year-to-date compared to last year.“Three million TEUs and counting…
The U.S. and China agreed on Thursday to pause tit-for-tat fees on each other's ships that became a major irritant in the broader trade war between the world's two largest economies and pushed up ocean freight costs.The move provides a 12-month reprieve on an estimated $3…
Several shipments of wheat that had been delayed for weeks at Egyptian ports due to payment issues have now been cleared to unload after the problems were resolved, Egypt's state grain-buyer Mostakbal Misr told Reuters on Thursday.Around eight vessels carrying roughly 200…
'We estimate that the dry bulk supply/demand balance will strengthen slightly in 2025 and gradually weaken in 2026 and 2027. Cargo demand growth is slowing, as coal shipments decline and iron ore shipments stagnate,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO…
Croatia inaugurated on Wednesday the Rijeka container terminal, a 600 million-euro investment built to position the country's biggest port as a regional logistics hub, port authorities said in a statement.Developed by APM Terminals and ENNA Group…
The Port of Gothenburg continues to strengthen its position as the Nordic region’s leading freight hub. During the first three quarters of 2025, container volumes rose by four percent, reaching record levels both at the quayside and on the rail network…
SGP Container Terminals, a subsidiary of Saudi Global Ports Group, has surpassed 15 million TEUs in cumulative container throughput handled at King Abdulaziz Port Dammam since commencing operations in 2015.This milestone was achieved through close collaboration with the Saudi Ports Authority…
Small importers for large U.S. retailers rushed in China-made strollers and wares meant for spring and are storing the goods in their own warehouses to avoid the big tariff bills that had been threatened over the next month.Before Sino-American…
Global trade flows have adjusted to new geopolitical developments last week, with Red Sea diversions maintaining their grip on vessel demand patterns. Against this backdrop, timecharter earnings hit their highest levels since October 2024, with…
Over the first nine months of this year, cargo throughput at the Port of Klaipėda increased by 11% compared to the same period last year, reaching 28.7 million tons. The largest share of cargo flow consists of container cargo and ro-ro, alongside…
Descartes has released its September Global Shipping Report, which analyzes the latest economic and logistics trends shaping U.S. imports and global trade.According to data from Descartes’ global trade intelligence platform, Descartes Datamyne:U…