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Maersk
Maersk announced preliminary second-quarter results and raised its full-year guidance
2024-08-05
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
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MSC
MSC announces resumption and upgrade of LIBERTY route
2024-07-29
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
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Chittagong port is heavily congested
The congestion in Chittagong has seriously hindered the normal operation of the port
2024-07-29
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.
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Maersk Frankfurt
Maersk Frankfurt owners declare general average
2024-07-29
The 5920TEU container ship Maersk Frankfurt, operated by Maersk, has been on fire for several days since July 19, resulting in the death of one crew member, and the owner has declared general average (GA).
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ZIM
To star surpassing Yangming Shipping into the world's ninth largest liner company
2024-07-29
Mediterranean Shipping (MSC) and ZIM Shipping (ZIM) were the fastest growing mainline operators in the first half of the year, with ZIM having overtaken Yangming Shipping to become the ninth largest liner company in the world.
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Two of the Middle East
Two of the Middle East's biggest port groups combine Turkish operations
2024-07-29
Dubai Ports World (DP World) and Turkey's Evyap Group have merged their terminal operations in Turkey, aiming to boost local trade by creating a new logistics hub with a total annual container handling capacity expected to exceed 2 million TEUs.
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DSV, the world
The fourth largest Marine freight forwarder raised its full-year forecast
2024-07-29
DSV, the world's fourth largest sea freight forwarder and fourth largest air freight forwarder, announced its results for the first half of 2024, with revenue of $11.544 billion in the first half of the year, an increase of 2%.
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Donald Trump
An industry think tank warned that tariffs could spark a global trade war after Trump's second term in office
2024-07-24
The Peterson Institute for International Economics, a nonpartisan think tank in Washington, predicted that Trump would impose new tariffs that would have an impact beyond individual economies and that such tariffs could spark a global trade war becau
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Total container throughput at Global Ports was up 14.6 per cent year on year
Global Ports: Total container throughput increased 14.6% year over year
2024-07-24
Global Ports, the number one container terminal operator in the Russian market, announced its second quarter and first half operating results on July 18.
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Violence continues across Bangladesh
Maersk has issued an emergency warning as violence continues across Bangladesh
2024-07-24
Four weeks after protests erupted in Bangladesh, the government has taken several emergency measures to try to quell the unrest, but the cargo logistics system has been severely disrupted, and ports and air cargo have been disrupted.
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