Evergreen Orders 23 New Containerships in $1.47 Billion Fleet Expansion
Taiwan’s Evergreen Marine Corporation has approved a major fleet expansion, ordering 23 new container ships worth up to $1.47 billion in a move that
Taiwan’s Evergreen Marine Corporation has approved a major fleet expansion, ordering 23 new container ships worth up to $1.47 billion in a move that
Landmark agreement promises to reshape maritime traffic patterns and vessel deployment strategies as tariff reductions unlock billions in new cargo flows
The Federal Maritime Commission has opened a formal investigation into whether ocean carriers are unlawfully restricting truckers and shippers from choosing
The Port of Los Angeles handled 10.2 million twenty-foot equivalent units (TEUs) in 2025, cementing its position as America’s busiest seaport for the 26th
French container shipping company CMA CGM Group has taken delivery of its 400th owned vessel, marking a significant milestone in the French shipping
Drewry’s World Container Index fell 10% to $2,212 per 40-foot container this week, marking the second consecutive week of declining rates as carriers
London Gateway has cemented its position as one of Britain’s fastest-growing container ports, handling over 3 million TEU in 2025—a remarkable 52%
Shipping group CMA CGM will re-reroute vessels on three of its services away from the Suez Canal due to global uncertainties, it said on Tuesday, reining in
A.P. Moller–Maersk has confirmed the first structural return of a major container service to the trans-Suez route, in a landmark shift marking the most
Global container shipping rates fell sharply this week, surrendering most of the gains from a brief January rally as carriers struggled to maintain pricing
Ocean Network Express has begun discharging the remaining containers from the fire-damaged M/V ONE Henry Hudson at the Port of Los Angeles, marking a critical
The 2025 tariff landscape delivered one of the sharpest bilateral trade contractions in recent memory, with U.S. imports from China falling 28% year-over-year
The maritime industry’s shift toward alternative fuels held firm in 2025 despite a sharp pullback in global newbuilding, with LNG-fuelled containerships
Container import volumes at major U.S. ports are expected to remain below year-ago levels through at least May, as slowing global trade growth, economic
Global container shipping rates surged this week, with the Drewry World Container Index rising 16% to $2,557 per 40-foot container, driven largely by sharp
South Korea plans to send a containership through Arctic waters from Busan to Rotterdam this September, marking its first concrete step toward opening a faster
Global container shipping rates climbed 1% this week to $2,213 per 40-foot container, marking the fourth consecutive weekly increase as carriers capitalized on
The global trading system, which is finishing up one of its most transformational years of the past century, heads into another facing more challenges to
After nearly two years of disruption, ships from two of the world’s biggest container lines are once again sailing through the Suez Canal—a small but
ZIM Integrated Shipping Services has turned down a revised takeover proposal from a management-led group, saying the offer failed to reflect the company’s
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