News

sea port

WEEK 13 MARKET UPDATE

CASUALTIES EXPECTED AS SHIP STRIKE BRINGS DOWN BALTIMORE BRIDGE Container ship Dali is stuck under the collapsed bridge structure. Operator Synergy Marine Group has reported

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Ports_RTWLogistics

WEEK 12 MARKET UPDATE

IRAN THREATENS TANKERS AS PANAMA DENIES REGISTERING IRANIAN-OWNED VESSELS  Iran is renewing its threats against tankers and retaliation for actions by the United States to

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WORLDWIDE SERVICES

WEEK 11 MARKET UPDATE

HOUTHIS VOW TO EXTEND ATTACKS DEEPER INTO THE INDIAN OCEAN  Another ship has been damaged by the Houthis, who now claim to have hypersonic missiles

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WEEK 10 MARKET UPDATE

INDIAN NAVY ASSISTS MSC SHIP WITH FIRE AFTER HOUTHI ATTACK MSC Mediterranean Shipping Company confirmed that its vessel MSC Sky II suffered minor damage including a fire after

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ocean freight services port

WEEK 9 MARKET UPDATE

THREAT OF STRIKE LOOMS LARGE OVER EAST, GULF COAST PORTS  There’s an increasing abundance of skittishness surrounding the future of East and Gulf Coast ports.

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Shipments

WEEK 8 MARKET UPDATE

CMA CGM UNVEILS NEW-LOOK BOXSHIP  From yards in Asia, new look containerships are emerging from drydocks as the sector ushers in a greener era, spending billions of dollars

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WEEK 7 MARKET UPDATE

ANGELA CHAO, CEO OF GLOBAL SHIPPING FIRM FOREMOST GROUP, DEAD AT 50 Angela Chao, the CEO of New York-based shipping company Foremost Group, has died

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WEEK 6 MARKET UPDATE

Houthis Target Two More Merchant Ships with New Attacks  The Houthi militants targeted both a British and an American ship overnight as they vowed to

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PORTS AND OCEAN FREIGHT

WEEK 5 MARKET UPDATE

RED SEA-DRIVEN SURGE IN CONTAINER SHIPPING RATES LOSES MOMENTUM  Mass diversions of container ships around Africa’s Cape of Good Hope caused spot rates to surge,

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WEEK 4 MARKET UPDATE

PORT OF NEW ORLEANS GETS $226M FOR INTERNATIONAL CONTAINER TERMINAL  Efforts to build an international container terminal at the Port of New Orleans capable of

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Port containers

WEEK 1 MARKET UPDATE

CONTAINER SHIPPING RATES SPIKE AS RED SEA CRISIS DRAWS FIRST BLOOD  For cargo importers, the outlook is now clear: higher freight costs and longer delays.

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