Cargo News

 

Port of Oakland April Container Volume Drops 14.7% From March

May 19, 2025

The Port of Oakland handled 185,499 TEUs (twenty-foot containers) in April, marking a 14.7% decrease in overall cargo volume from March 2025. The slowdown is driven by market uncertainty as well as softening demand in exports—both influenced by recent shifts in U…

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

May 16, 2025

A 90-day trade thaw between Washington and Beijing could prove to be a welcome reprieve for the U.S. freight industry, as importers rush to lock in shipments ahead of the busy back-to-school period, experts said.The $906 billion U.S. trucking industry…

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

May 16, 2025

French shipping group CMA CGM will reorganise its global fleet to avoid U.S. port fees on Chinese-built vessels that are due to take effect from October, the company's finance director said.The port charges are another operational headache for shipping firms wrestling with the fallout from U…

Hapag-Lloyd Freight Demand Boosted by US-China Trade Truce

May 14, 2025

Hapag-Lloyd has seen an increase in demand for freight traffic this week between the United States and China, following a cooling in the countries' trade tensions.The U.S. and China on Monday agreed to slash steep tariffs for at least 90 days…

Edison Receives First Delivery of US LNG From Venture Global

May 14, 2025

Italian energy group Edison said on Wednesday it received the first cargo of liquefied natural gas (LNG) from U.S. firm Venture Global, adding it would continue litigation over delays in its delivery.A cargo of 165,000 cubic metres of LNG from…

Egypt's Suez Canal Offers 15% Discount to Win Back Big Container Ships As Trade War Stabilizes

May 13, 2025

Egypt's Suez Canal will offer a 15% discount on transit fees for container ships with net tonnage of at least 130,000 metric tons, to encourage trade back now the security situation has eased and help ships offset rising insurance costs, its authorities said on Tuesday…

Net Feasa Unveils Agentic Control Tower Shipping Container Booking Platform

May 12, 2025

Net Feasa, a leader in supply chain digitalization, announced the launch of Agentic Control Tower, an end-to-end visualization and booking platform that wraps traditional shipping container workflows in Agentic AI. Agentic Control Tower transforms…

Panama Canal Vessel Transits Increase to 34 Per Day in April

May 12, 2025

The number of vessels that passed through the Panama Canal rose to an average of 34 per day for a total of 1,021 transits last month, from an average of 33.7 per day in March, according to a bulletin published by the waterway's authority.In the first four months of 2025…

Egypt's Suez Canal Chief Shares Possible Discounts on Transit Fees

May 12, 2025

Egypt's Suez Canal chief Osama Rabie said they are considering offering discounts ranging from 12% to 15% on transit fees.His statement came after revenue from the strategic canal continued to plunge on the back of attacks on shipping by Yemen's Houthis…

Container Shipping Companies Cut Asia-US Services

May 11, 2025

Major container shipping companies are suspending at least six scheduled weekly routes between China and the United States as President Donald Trump's punishing tariffs on the world's top exporting country collapse trade, maritime consultants said…

Maersk Warns Global Container Volumes Could Drop Due to Trade War

May 08, 2025

Shipping group Maersk said on Thursday container volumes plunged 30-40% between the U.S. in China in April as a trade war erupted between the world's top economies, and warned a protracted dispute could shrink global volumes this year.However…

Near-Record US Container Imports in April Expected to Snap in May Due to Tariffs

May 08, 2025

U.S. container imports surged in April as companies raced to avoid President Donald Trump's tariffs, which now include a 145% duty on goods from China, but executives at the country's two busiest ports said the trend looked set to reverse in May…

New IMO Designation for the Mediterranean Sea Helps Bring More Doba Crude to Europe

May 08, 2025

Dutch and German oil refineries have snapped up all four cargoes of Chadian Doba crude in April to profit from soaring demand for cleaner marine fuel in Europe from shipping companies including Maersk, according to shipping data and trade sources…

Swire Shipping Bans Carriage of Donkey Skins

May 07, 2025

On World Donkey Day (May 8), international animal welfare charity, The Donkey Sanctuary, acknowledges Swire Shipping as the first global shipping line to commit publicly to a ‘No Donkey Skins Carriage policy’.In February last year, African Heads…

Vietnamese Imports From China and Export to US Reach Record High

May 07, 2025

Vietnam's imports from China and exports to the United States both reached a post-pandemic record in April, amid talks with Washington to reduce Hanoi's trade surplus and a crackdown on Chinese goods being shipped to the U.S. via its territory…

Logistics News

Primorsk Port Partially Resumes Oil Loadings after Drone Strikes

Primorsk Port Partially Resumes Oil Loadings after Drone Strikes

Singapore Maritime Foundation Hosts MaritimeONE Scholarship Award Ceremony 2025

Singapore Maritime Foundation Hosts MaritimeONE Scholarship Award Ceremony 2025

Great Circle Group Expands Marine Technology Services to Cape Cod

Great Circle Group Expands Marine Technology Services to Cape Cod

OPCSA Orders Eight Hybrid Konecranes RTG Cranes

OPCSA Orders Eight Hybrid Konecranes RTG Cranes

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