SHIPPING
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Ocean rates dip on capacity increase and early peak
July 23, 2024 - The massive IT outage caused by the CrowdStrike update on July 19 led to thousands of delayed or cancelled flights...
DP World and Evyap Group forge new logistics hub to boost Turkish trade
July 19, 2024 - DP World and Evyap Group have completed a strategic merger, combining the strengths of two major ports on the Marmara...
Port of Antwerp-Bruges notes growth in first half of 2024
July 18, 2024 - The Port of Antwerp-Bruges's total throughput reached 143.2 million tonnes in the first six months of this year...
Port of LA says cargo volume up 14% in the first half
July 18, 2024 - The Port of Los Angeles (Port of LA) processed 827,757 Twenty-Foot Equivalent Units (TEUs) in June, a 10% increase over...
MSC increases own-operated service share
July 18, 2024 - With the 2M Alliance between the two largest shipping lines, MSC and Maersk, coming to an end in February 2025 and...
IMF: Global growth steady amid slowing disinflation, rising policy uncertainty
July 17, 2024 The International Monetary Fund (IMF) said global growth projections are unchanged at 3.2% this year and slightly...
Port of Long Beach reports strongest June on record
July 17, 2024 The Port of Long Beach achieved its busiest June on record, driven by vibrant consumer spending, potential tariff...
Freightos: Some signs that ocean rates may have peaked
July 17, 2024 Ocean spot rates increased last week to highs for the year on the major trade lanes, according to a new analysis by...
US commission halts progress of Gemini Alliance
July 12, 2024 The US Federal Maritime Commission (FMC) has requested additional information regarding the Gemini Alliance agreement...
AAL set to take delivery of 2nd Super B-Class new building ship
July 12, 2024 Project heavy-lift carrier AAL Shipping (AAL) is set to take delivery of the second of eight vessels in its Super...
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