SHIPPING
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AD Ports to invest $200M in new Red Sea port terminal
January 4, 2024 - AD Ports Group has announced that it has signed a definitive concession agreement with the Red Sea Ports Authority...
Ocean rates spike as Red Sea diversions continue
January 4, 2024 - Most container carriers are continuing to divert their vessels away from the Red Sea even with the US-led international...
Bolloré says 2024 a challenging year for air and ocean freight
January 3, 2024 - Bolloré Logistics expects 2024 to be a "challenging year" for the air and ocean freight ma...
Maersk halts all transits through the Red Sea/Gulf of Aden until further notice
January 2, 2024 - A. P. Moller–Maersk announced that following the December 30 incident involving one of its vessels, Maersk Hangzhou,...
China's Ningbo-Zhoushan port sees record container throughput in 2023
January 2, 2024 - The Ningbo-Zhoushan Port in east China's Zhejiang Province has reported a record container throughput this ...
DaChan Bay Terminals welcomes a new Intra-Asia service
January 2, 2024 DaChan Bay Terminals yesterday welcomed a new Intra-Asia service SXT operated by Gold Star Line Ltd. (GSL) on the first...
Shippers brace for spiking rates; Maersk, CMA CGM returning to Suez
January 2, 2024 Widespread carrier diversions away from the Red Sea and Suez Canal to avoid the threat of Houthi attacks are impacting...
Schedule reliability drops -2.5 percentage points in November
January 2, 2024 Global ocean schedule reliability recorded the first proper month/month (M/M) decline in November 2023, dropping -2.5...
CMA CGM announces Red Sea charge, reroutings
December 21, 2023 CMA CGM has announced additional measures in its Red Sea operations amid increased attacks on commercial vessels in the...
Sea-Intel: Asia to North America East Coast trade to suffer brunt from reroutings
December 21, 2023 Sea-Intelligence said the sharp escalation of the security situation in the Bab-al-Mandeb strait off the coast of...
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