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US Policy Shift Fuel Uncertainty: BIMCO Report and Future Scenarios

Since the start of President Trump's second term, U.S. policies have reshaped geopolitics, trade, and shipping, significantly increasing market uncertainties and impacting future supply...

Europe’s Trade Struggles: Tariffs, Geopolitical Tensions, and Shipping Disruptions

The global economy is becoming more fragmented and unpredictable, fuelled by escalating geopolitical tensions. Trump's intention to increase tariffs on European goods by 10-20% could...

Japan, South Korea into shipbuilding struggle to meet U.S. demand

According to a NYK Line executive, U.S. allies Japan and South Korea would face difficulties in rapidly expanding their shipbuilding capacity to meet U.S....

India launches first maritime exercises with African nations to strengthen presence in Indian Ocean

India is set to conduct naval exercises with a group of African nations, marking its first maritime collaboration of this kind aimed at balancing...

Shippers turning to futures and longer-term contracts to manage risks

Daily turnover of Asia-North Europe (EC) container freight futures traded on the Shanghai Futures Exchange has reached US$1.5 billion. Speakers at the “Navigating the Volatility...

Somaliland’s Growing Influence in Global Shipping

As the Red Sea crisis continues, Somaliland is about to emerge as a pivotal spot for Western interests, especially for maritime shipping, as long...

Nhava Sheva Port launches US$500M road project to ease congestion

Indian shippers and supply chain stakeholders at Nhava Sheva Port (JNPA) could see significant relief from landside congestion as the port has won government...

Industry struggles to navigate volatile market

An active and constantly changing market is proving tough for the industry to navigate as rates slide further and utilisation is falling, though month-on-month...

Evergreen grows interest in Egypt’s Abu Qir Terminal

Evergreen Marine Corporation has increased its stake in the greenfield Egyptian container terminal, Abu Qir, to 25%. The Taiwanese liner operator paid US$12.65 million to...

Black Sea shipping operations on the table

Russian and US experts will meet in Riyadh, Saudi Arabia, on 24 March to discuss measures for securing Black Sea shipping as part of...

Europe’s shipping strength under pressure amid rising Asian competition

European shipping has solidified its role as a key geopolitical asset for the European Union (EU), commanding a significant portion of the global fleet. This...

Gaza escalation raises risks of further disruptions in Red Sea

The ceasefire between Israel and Hamas ended on March 18, with Israel resuming military operations in the Gaza Strip. This development heightens concerns regarding...

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ZeroNorth integrates SMARTShip platform with ClassNK MRV Porta

ZeroNorth has announced a new integration between its SMARTShip platform and the MRV Portal operated by ClassNK, one of Japan’s leading classification societies. The...

Korean Register, Shipbuilders, and Korea Testing & Research Institute; partner

The Korean Register (KR) has formed a joint working group with leading shipbuilders and research institutions to establish international standards for the safe discharge...

Ocean Alliance members leads orderbook race

As the global container shipping industry pushes forward with expansion and modernization, the focus is shifting to the orderbook. Among the major players, Ocean...

Shippeo appoints new CRO and CMO

Shippeo, a leading provider of real-time multimodal transportation visibility (RTTV), has strengthened its executive leadership team with the appointments of Brandon Oliveri-O’Connor as Chief...

FourKites appoints new member to Strategic Advisory Council

FourKites, the global leader in AI-driven supply chain transformation, has appointed a new member to its Strategic Advisory Council, further strengthening its leadership team...
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