CMA CGM wants to rebuild Beirut port
French container shipping group CMA CGM is pursuing a plan to rebuild the port of Beirut within three years.
Volcano erupts on St. Vincent Island
The Soufriere volcano on the Caribbean island of St. Vincent erupted Friday after decades of inactivity.
The Suez Canal has reopened, but the Ever Given is not free to leave
Egypt will not release the huge container ship that blocked the Suez Canal until its owners agree to pay up to $1…
Suez Canal traffic gridlock sent shipping costs skyrocketing
This event, which paralyzed the Suez Canal for a few days, marked a turning point in the maritime sector, not only…
Calm before the storm: Europe waits for delayed ships
Northern Europe's major container ports were eerily quiet over the weekend, due to the nearly week-long blockade of…
Bangladesh releases containers but still not helping exports
The Chittagong Port Authority (CPA) in Bangladesh, is empowered to auction containers loaded with goods within 45…
Fourth quarter of 2020 was the most profitable in container shipping history
Ocean carriers enjoyed their best quarter in container shipping history in the last three months of 2020, but are…
U.S. trade deficit hits record as economy picks up speed
The decline in trade flows in February was due in part to inclement weather and logistical and transportation…
South Carolina ports set monthly cargo record in March
South Carolina Ports handled the most cargo in its history in March, with the Port of Charleston handling record…
Fuel is bad and MSC container ship breaks down en route to Los Angeles
A 366-meter container ship belonging to MSC Mediterranean Shipping Company has suffered a breakdown in the Pacific…