Maersk Halts Red Sea Sailings Indefinitely Following Houthi Attack
Maersk has decided to suspend all Red Sea transits until further notice as a countermeasure for the Houthi attack…
MSC widens the container shipping market lead over Maersk in 2023
MSC Dominates Global Container Shipping Market, Widens Lead Over Maersk in 2023, according to sources.
Controversy Surrounds Exploration of San José Galleon Amid Allegations of Looting
The exploration of the San José galleon in 2024 has sparked controversy in light of allegations of looting, as a…
Brazil Terminal Portuario 20-Year Concession Extension and Investment to Boost…
Brazil Terminal Portuario Secures 20-Year Concession Extension and USD 380M Investment to Boost Capacity, according…
Panama Canal Authority Announces Increase in Daily Transits for January 2024
The Panama Canal Authority has shared positive news regarding an increase in daily transits for January 2024,…
Global Container Carriers Impose Surcharges Amidst Route Disruptions
Due to war, ships are diverting from their original quicker routes; Surcharges are imposed on shippers by global…
Malaysia Bans Israeli ZIM Ships from Ports
Malaysia Bans Israeli ZIM Ships from Ports taking a stand of solidarity for Palestine, according to sources.
New shipping service route between USA, Colombia, Venezuela, and Central America
New Shipping Route to Strengthen Connections Between USA, Colombia, Venezuela, and Central America, according to…
Container Shipping Stocks Soar Amid Red Sea Transit Suspensions
Container shipping companies experienced a significant surge in their stock prices in response to the escalating…
Harim Group Wins Bid to Acquire HMM for USD 4.9 Billion
Harim Group has emerged victorious as the preferred bidder in the acquisition of a majority stake in HMM, according…