Industry News

18 11 , 2024

Escalating Tariff Threats: A New Wave of U.S. Imports on the Horizon! How Should Container Traders Respond?

The looming threat of tariffs is prompting U.S. importers to place orders in advance. Multiple disruptions in the supply chain, coupled with the impending tariff policies of the Trump administration...

01 11 , 2024

Canada invests in sustainable maritime technology

In response to the pressing issue of climate change, Transport Canada seeks to mitigate the environmental impact of marine shipping through its Green Shipping Corridors Program. “Canadians nationwid...

31 10 , 2024

Houthis Assert Responsibility for Vessel Attacks in Red Sea and Arabian Sea

On 28 October, Yemen’s Houthi group proclaimed their involvement in targeting three vessels in the Red Sea and the Arabian Sea, as reported by Reuters, as part of their efforts to enforce a naval blo...

17 10 , 2024

Freight Rates Plummet for the Seventh Consecutive Time! All Four Major Routes Decline, with Europe Seeing the Steepest Drop

The strike at the U.S. East Coast ports has officially concluded. Despite initial expectations from shipping companies that the strike might lead to increased freight rates and additional charges, t...

16 10 , 2024

Container ship fleet sees fastest growth in 15 years

Since the dawn of the year, the container ship fleet’s capacity has burgeoned by 1.6 million TEUs. “Compared to a year ago, the capacity has surged by 11% to 29.5 million TEUs, marking the swiftest ...

30 09 , 2024

Port Houston Surpasses 2 Million TEU Milestone in Record Time

Port Houston, the fifth-largest container port in the United States, has surpassed the 2 million TEU milestone more swiftly than ever before. In the first six months of 2024, Port Houston managed ...

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