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In order to adapt to the Red Sea crisis, the liner industry prefers to use flexible small boats directly to the gateway ports, while reducing the number of port calls to provide more direct and efficient services, which absorbs a lot of capacity and

In the second quarter of 2024, Matson achieved consolidated revenue of approximately $847 million, an increase of 9.6% over the same period last year.

Freight rates continue to decline throughout the route, the United States fell sharply in the west, the United States East, the European route decline expanded, the ship still raised the annual performance expectations, some industry insiders said th

A container ship named "Sky Challenge" crashed at the port of Busan, South Korea, involving a number of coaming ship companies, including CMA CGM's CNC,KMTC,Namsung,CK Line.

Sri Lanka's Port of Colombo saw the highest growth in container throughput among major global hubs in the first half of this year, with Colombo's throughput growing by 23.6 percent year-on-year in the first half of 2024, outpacing the Port of Long Be

After a severe drought last year, abundant rains in recent months have brought the Panama Canal back to operating near full capacity, with water levels expected to rise to 86.1 feet by October.

C.H. ROBINSON, the world's eighth largest ocean freight forwarder, reported second quarter and first half results, with total revenue for the second quarter of approximately $920 million, up 18.1% year over year; Adjusted gross profit of $180 million

Maersk believes that the impact of the Red Sea situation on the global supply chain will continue at least until the end of 2024, coupled with multiple factors such as strong transportation demand in the global container market, and therefore, the co

Mediterranean Shipping (MSC) has announced the resumption and upgrade of its LIBERTY route, providing additional capacity to the continuing strong trans-Pacific market and competitive transit times between Asia and the East Coast of the United States

The accumulation of a large number of containers in Chittagong has occupied about 80% of the storage yard space of the port, far exceeding the usual 60% congestion warning line, seriously hindering the normal operation of the port.