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WEEK 34 MARKET UPDATE

MARIE MAERSK RESUMES VOYAGE WITH NO VISIBLE DAMAGE FROM CONTAINER FIRE The company released two pictures taken on Friday, August 22, when a supply vessel reached the scene with additional firefighting equipment. There is no visible fire damage to any of the boxes aboard what appears to be a heavily laden vessel. The ship has …

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WEEK 33 MARKET UPDATE

SOUTH KOREA GOES BIG IN GEORGIA: $287M FUND FUELS GLOBAL SUPPLY CHAIN PLAY Korea Ocean Business Corp. (KOBC) recently completed the purchase of a $120 million logistics center in Dalton, Georgia, according to a news release. The South Korean state-backed maritime financial firm has created a public-private fund — known as the Global Logistics Supply …

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Port containers

WEEK 32 MARKET UPDATE

RELIEF FOR SHIPPING AS US – CHINA TARIFF TRUCE EXTENDED FOR 90 DAYS  The US and China have agreed a further 90-day pause on higher tariffs between the two global economic giants. Levels  had been set to surge at 12:01 am on 12 August with US tariffs on Chinese goods set to surge to 54% …

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Cargo ship

WEEK 31 MARKET UPDATE

SANCTIONS IMPACT EXPANDS FROM TANKERS TO CONTAINERSHIPS  The recent efforts by the European Union and the UK to target more tankers linked to Russia’s oil trade and the United  States’ large sanctions action this week against an Iranian trading network are beginning to impact across the shipping  industry. As the efforts are now reaching beyond …

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Ports_RTWLogistics

Week 30 Market UPDATE

CMA CGM REFLAGS SHIP TO BECOME LARGEST U.S.-FLAGGED CONTAINERSHIP CMA CGM is moving forward with its commitment to triple the size of its U.S.-flagged fleet as part of a $20 billion investment into its U.S. ship and logistics operations. Today, July 24, the company officially reflagged the first of four vessels it plans to move …

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Week 29 Market UPDATE

JUNE REBOUND AS WEST COAST CONTAINERS BEST EAST, GULF PORTS In June 2025, U.S. container import volumes experienced a modest rebound, marking a stabilization after May’s sharp decline. The shift in port dynamics was noticeable, with top West Coast ports regaining momentum. Los Angeles experienced a 29.1% increase in volume, adding 103,884 TEUs, while Long …

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