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Brazil builds Latin America's largest container terminal

2025-04-16

Porto Central has signed a memorandum of understanding (MOU) with Praxys, an internationally renowned business consultancy, to jointly build one of the largest container terminals in Latin America.

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The CMA CGM Air Cargo is equipped with AI to optimize loading schedule times

2025-04-15

CMA CGM Air Cargo uses CHAMP Cargosystems' artificial intelligence (AI) Cargospot weighing and balancing solution to reduce load schedule time for freighter aircraft.

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BIMCO amends the War Risk clause

2025-04-15

The Document Committee of the Baltic International Chamber of Shipping (BIMCO) has approved amendments to its war risk clause to reflect the changing geopolitical challenges facing the shipping industry.

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Japan's shipping giant NYK merged its three shipping companies

2025-04-15

Japanese shipping giant NYK is consolidating its three shipping and ship management companies into a new entity with greater scale and market influence.

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Trump: The tariff exemption is not true, it just falls into a new category

2025-04-15

Trump said there would be no tariff exemptions and suggested the administration could still impose additional tariffs on the semiconductor industry and the broader electronics supply chain.

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Singapore Shipping company Vasi Shipping declared bankruptcy

2025-04-15

Singapore Shipping company Vasi Shipping has begun bankruptcy proceedings, becoming another victim of the collapse in container freight rates.

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In the first quarter, China's export volume reached 6 trillion yuan, an increase of 6.9%

2025-04-15

In the first quarter of this year, China's imports and exports of goods were 10.3 trillion yuan, an increase of 1.3 percent year-on-year. Of this total, the export was 6.13 trillion yuan, up by 6.9%; Imports were 4.17 trillion yuan, down 6%.

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Stopped shipments to the United States, a large number of shipping companies canceled voyages

2025-04-14

Under the tariff war between China and the United States, trans-Pacific trade is experiencing an unprecedented convulsion, halting shipments to the United States and canceling a large number of ships.

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Empty containers in Los Angeles are up 23% due to tariffs

2025-04-14

As pre-loading and tariffs clouded the outlook for the second half of the year, empty container volumes in Los Angeles were up 23% due to tariffs.

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Maersk and CMA CGM terminate their joint Ceiba Express route

2025-04-14

As Trump puts more political and economic pressure on Venezuelan President Nicolas Maduro, Maersk Line and CMA CGM will end their jointly operated Ceiba Express route, which was supposed to connect the United States and Venezuela.

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