Container Shipping Diversions Surge 360% Amid Hormuz Closure
The effective closure of the Strait of Hormuz is now rippling through global container supply chains, with new data showing a dramatic surge in cargo
The effective closure of the Strait of Hormuz is now rippling through global container supply chains, with new data showing a dramatic surge in cargo
Ocean Network Express (ONE) is deepening its relationship with the world’s largest containership leasing platform, announcing plans to increase its ownership
U.S. containerized imports are expected to remain below last year’s levels through the first half of 2026 as tariff uncertainty continues to weigh on trade
The push to bring nuclear energy back into commercial shipping is gaining momentum as the American Bureau of Shipping (ABS) and South Korea’s HD Hyundai
Global container shipping rates edged higher this week as Asian export activity begins to rebound following the Lunar New Year holiday, with carriers
Hundreds of thousands of containers are in limbo after ocean carriers suspend cargo bookings to Arabian Container
By Gavin van Marle (The Loadstar) – After ONE cancelled bookings to Middle East Gulf ports yesterday, its chief executive, Jeremy Nixon, told delegates
Iran conflict has transformed container shipping from overcapacity concerns to a sudden supply crunch, with 750 ships trapped and insurers refusing coverage.
Container freight spot rates on the major trades saw limited movement this week as supply chains in China slowly began to restart following the new year
Drewry World Container Index reveals global container shipping rates fell 1% to $1,899 per 40-foot container this week, marking the seventh consecutive weekly
The nation's two busiest container ports posted double-digit declines in January cargo volumes, but industry leaders say the dip reflects comparison against
Global container shipping rates extended their decline for a sixth consecutive week, dropping 1% to $1,919 per 40-foot container as the traditional pre-Lunar
CMA CGM is doubling down on India, having finalizing shipbuilding contracts with Cochin Shipyard Limited (CSL) for six LNG-powered containerships while
Exports from the Port of Los Angeles fell 8% in January to the lowest level in nearly three years as Trump's tariffs devastated trade with China. Soybean
Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services for $4.2 billion in a deal that would cement its position among the world’s top five
Los Angeles processed 812,000 TEUs in January, down 12% year over year, with exports hitting their lowest monthly level in nearly three years as tariff
Container shipping group Hapag-Lloyd HLAG.DE said on Monday it would buy Israeli rival ZIM Integrated Shipping Services ZIM.Nfor $4.2 billion in a
Hapag-Lloyd AG is in advanced talks to acquire Israeli competitor Zim Integrated Shipping Services Ltd, the German company said on
Geneva-based Mediterranean Shipping Company has reached a new milestone, pushing its total containership capacity past 7.2 million TEU and solidifying its
South Korea’s HMM managed to stay in the black through a bruising 2025 for container shipping, posting a 13.4% operating margin even as freight rates
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