The Los Angeles port is expecting a 35% drop in cargo from Asia next week, Gene Seroka, the port's executive director, said in a CNBC interview on Tuesday.'It's a precipitous drop in volume with a number of major American retailers stopping all shipments from China based on the tariffs…
Maersk said on Tuesday it had maintained all its scheduled trans-Pacific sailings to date, albeit downsising some vessels, despite the uncertainty caused by U.S. import tariffs and the trade war between the United States and China.German container…
China's Guangzhou Port, the largest shipping hub in the country's south, opened a direct route to Chancay port in Peru on Tuesday, state broadcaster CCTV reported, a move it said would reduce logistics costs and bolster trade with Latin America…
The CMA CGM Group welcomed the arrival of the first Indian flagged containership registered by a major foreign carrier, CMA CGM Vitoria, at Nhava Sheva Free port Terminal on April 28, 2025, in the presence of Honourable Minister of State for Ministry of Ports…
There were 57 ships in the queue at the Port of Newcastle in Australia when the Pasha Bulker ran aground there in 2007.The coal ship was grounded for about three weeks before it was able to be towed away for repairs.The Pasha Bulker wasn’t the…
Maritime consultancy Drewry said on Thursday that it expects global container port volume to fall 1% as a direct result of U.S. trade policies.That would be the third drop in global container shipping demand since London-based Drewry began recording that data in 1979…
Three shipping and ship-management companies within the NYK Group—Asahi Shipping Co., Ltd., Hachiuma Steamship Co., Ltd., and Mitsubishi Ore Transport Co., Ltd.—will merge as part of a business integration.Overview of New CompanyCorporate Name: NYK Bulkship Partners Co…
Morocco-based OCP Group, through its Specialty Products & Solutions (SPS) Strategic Business Unit, and Maersk, have signed a global Memorandum of Understanding (MoU) to jointly advance innovative, resilient, and sustainable supply chain solutions…
Low water levels after recent dry weather are preventing cargo vessels from sailing fully loaded on the Rhine River in Germany with surcharges added to the usual freight rates, commodity traders said on Tuesday.Low water is hampering shipping on all of the river south of Duisburg and Cologne…
Dubai-based ports and logistics firm DP World and shipping giant Maersk have signed a long-term agreement to boost container-handling capacity and increase weekly vessel calls to support Brazil’s growing trade demands.DP World operates one of…
HarborLab, the Athens-based maritime technology company, launched a new AI-powered feature designed to optimize Disbursement Account (DA) analysis and streamline port expense management.This latest innovation, known as HL AI, is part of the…
AsstrA-Associated Traffic AG, a provider of logistics and transportation solutions, successfully completed the first stage of transporting Outside Battery Limits (OSBL) modules for the INEOS Project ONE, an initiative to build an ethane cracker at the port of Antwerp…
Viasea, a Norwegian-owned shipping line, will optimize its route in the south of the United Kingdom by moving its second stop to London Thamesport, and then sailing onwards to Rotterdam. The changes were made as part of Viasea’s ongoing commitment to improving operational efficiency and reliability…
Argentina loosened safety regulations on shipments traveling along a key grains transport river, a move which could boost cargo moved through the waterway up to 7%, the nation's security minister said on Monday.Ships traveling along the Parana-Paraguay waterway will now be able to carry more cargo…