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Diplomatic disputes have had an impact on CMA CGM's investment in Algerian ports

2025-04-24

The ongoing diplomatic dispute between Algeria and France has had an impact on the investment plans of French CMA CGM Group in the port sector of Algeria.

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Pirates hijacked two ships in the waters of Indonesia within 24 hours

2025-04-24

Pirate attacks have occurred again in the waters of Indonesia. Two merchant ships were attacked in succession within 24 hours.

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WSC: Port charges in the United States will increase transportation costs and disrupt trade

2025-04-23

The WSC warns that the tariffs imposed by the United States on ships made in China may increase shipping costs, harm the interests of American exporters, and disrupt global trade flows.

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A total of 360,000 TEUs of transport capacity have been cancelled

Due to tariffs, orders have been cancelled, with a total of 360,000 TEUs of transport capacity cancelled

2025-04-23

Due to the increase in tariffs, some trade has become unprofitable. American importers are canceling or suspending orders on a large scale, forcing shipping companies to take more aggressive measures to suspend navigation.

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The United States imposed sanctions on Yemen International Bank

The situation in the Red Sea has escalated and the United States has imposed sanctions on Yemen International Bank

2025-04-23

OFAC has imposed sanctions on the International Bank of Yemen (IBY) and three of its senior executives, accusing the bank of providing financial support to the Iran-backed Houthi forces.

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Shipowners continue to choose China Shipbuilding

US port fee plan aborted, ship owners continue to choose Chinese shipbuilding

2025-04-23

Angelakos recently disclosed that its backlog of orders includes eight kamsarmax bulk carriers, which will be respectively constructed by Nantong COSCO Shipping Kawasaki (Nacks) and Dalian COSCO Shipping Kawasaki (Dacks).

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Mediterranean Shipping Company (MSC) has placed an order for six container ships with Chinese shipyards

2025-04-23

Hengli Heavy Industry has officially signed a contract with Mediterranean Shipping Company (MSC), the world's largest container shipping company in terms of capacity, for the construction of six 22,000 TEU LNG dual-fuel container ships.

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HMM plans to order more container ships

2025-04-23

South Korea's flagship liner company, HMM, after increasing its fleet size by approximately 50% through another South Korean Shipping giant, SK Shipping, is currently planning to order more container ships.

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Congestion at ports in Northern Europe has intensified

Congestion at Nordic ports has intensified and shipping companies have issued warnings

2025-04-22

Maersk has warned its customers that as congestion at Nordic ports continues to rise, the problem of chaotic shipping schedules is likely to intensify.

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Suzhou Port offers foreign trade enterprises a three-month free storage service

2025-04-22

All container terminals of Suzhou Port will provide free storage services for heavy containers imported and exported by foreign trade enterprises in the city for a period of three months.

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