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Nine days after the YM Mobility explosion, Taiwan-based liner company Yangming declared general average. Cargo unloading and transshipment is being planned, and specific arrangements will be made according to the adjuster's notice.

CMA CGM Belem, a container ship owned by CMA CGM, lost up to 99 containers when a container stack collapsed due to bad weather while sailing off the coast of Richards Bay, South Africa.

Canada's two largest rail companies are scheduled to shut down on Thursday in a labor dispute that could halt rail freight and cost billions of dollars.

Thanks to a spike in spot freight rates caused by the Red Sea crisis, Star Line posted net income of $373m on revenues of $1.93bn (compared with a loss of $213m a year earlier), adjusted earnings before interest, tax, depreciation and amortisation of

Global retail giant Walmart has begun offering container shipping services to customers in the e-commerce sector. Currently, the service is only available to partners who produce goods in China and can ship full containers to selected ports, includin

In the first half of the year, HMM achieved operating income of 4.993 billion won (about 3.67 billion US dollars), an increase of 18.6%. Net profit was 1,146 billion won ($840 million), up 88 percent from a year earlier.

Maersk has released a North American market update focusing on the labor negotiations between the United States Maritime Union (USMX) and the International Longshoremen's Association (ILA). Maersk warned that a complete shutdown would severely impact

Ranked by equity throughput, the World's top 7 container terminal operators in 2023 are PSA International, China Merchants Port, COSCO Shipping Port, APMT (Maersk Terminal), DP World (Dubai World), Hutchison Ports and MSC (Mediterranean Shipping).

Data released by Alphaliner shows that as of August 13, 2024, there were 7,046 container ships in operation worldwide, an increase of 31 vessels from a month earlier (July 12, 2024, the same below), with a total global capacity of 30,426,338TEU and a

PSA International (PSA), the global terminal operator, recently announced that it will acquire an 85% stake in Loconi International, Poland's top multimodal transport operator, further consolidating its strategic presence in the European market.