Category Archives: Market

Shipping group CMA-CGM shifted three service away from Suez Canal due to the global uncertainties

CMA-CGM officially announced on 20th Jan on adjusting three routes away from the Suez Canal [...]

Hapag-Lloyd planned to return the Suez Canal with its ME11 Service

There is a high chance of Hapag-Lloyd’s ME11 Service will come back to the Suez-transit [...]

Maersk’s MECL service returns to trans-Suez route

Following increased stability in the Red Sea, Maersk will conduct its first structural return to [...]

COSCO expands its logistics capabilities: Orders Newcastlemax container ships and finalizes a series of container shipbuilding orders worth $2.7 billion

COSCO has signed a contract to order a series of Newcastlemax vessels and series of [...]

Maersk resumes its Red Sea service while the Gaza ceasefire is in effect

With the Maersk Denver, Maersk performed its second Red Sea voyage in January; a cautious test [...]

The delay of Section 232, stress release on furniture category of the Americans.

President Trump has signed a proclamation postponing the tariff hikes on upholstered furniture, kitchen cabinets, [...]

Panama canal remained Panamanian, no more crisis between the U.S. and Panama

Stated by Panama’s president, the bilateral relationships between the U.S. and Panama have been repaired [...]

Florida terminal investing $25 million for expansion

The concession for FIT has been extended until 2035 with an agreement for investment in [...]

US chassis makers allege foreign dumping again

A group of U.S. intermodal equipment manufacturers is petitioning the Trump administration for anti-dumping duties [...]

Container freight rates fall but Red Sea return will be tipping point

The Drewry World Container Index (WCI) shed a further 6% to $2,696 per feu on [...]