SHIPPING
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Port of NY/NJ secures landmark lease extension with APM Terminals
March 24, 2025 - The Port Authority of New York and New Jersey (Port of NY/NJ) has announced a landmark 33-year lease extension with APM...
Container rates slip amid signs of overcapacity
March 21, 2025 - Ocean container rates from Asia continued to decline last week, dropping below 2024 lows due to a combination of...
SC Ports expands weekly services with new ocean carrier deployments
March 20, 2025 - The Port of Charleston will see its weekly service offerings grow from 25 to 29 in 2025 as new ocean carrier...
Port of LA reports continued growth in shipments for February
March 19, 2025 - After a record start to 2025, Port of Los Angeles (Port of LA)'s cargo volume remained strong into February....
Sea-Intel: Major ocean carriers profitability around US$60B in 2024
March 19, 2025 - Major ocean carriers experienced a significant drop in profitability last year, yet the figure remains well above the...
Adhira Shipping and Logistics sees continued demand for Cape Size carriers
March 19, 2025 The surge in demand for Cape Size bulk carriers will continue for another six weeks, driven on by increased orders from...
Matadi Gateway Terminal expands hybrid equipment fleet
March 18, 2025 Matadi Gateway Terminal (MGT), International Container Terminal Services, Inc.'s (ICTSI) operation in...
MPA, CMA CGM sign MoU to boost sustainable shipping, digital innovation
March 18, 2025 The Maritime and Port Authority of Singapore (MPA) and the CMA CGM Group have renewed a Memorandum of Understanding...
China, Hong Kong raise concerns over Hutchison Ports deal
March 18, 2025 China and Hong Kong appeared to have raised concerns about conglomerate CK Hutchison's sale of its internati...
Credit: U.S. Naval Forces Central Command Houthis ban U.S. vessels from the Red Sea; Trump vows end to the aggression
March 17, 2025 The Iran-backed Houthi militant group announced it would prohibit U.S. vessels from navigating the southern Red Sea,...
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