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US-China tariff ceasefire sees bidding war for chartered vessels

Surging transpacific rates resulting from the paused US-China tariff war have reversed the correction in the boxship charter market, as previously relet vessels have...

Connectivity trends and Red Sea volatility signal only partial recovery for Egypt

The security and economic dynamics surrounding the Red Sea and the Suez Canal are undergoing a period of recalibration, driven by recent geopolitical developments,...

MSC Elsa 3 sinks off Kerala coast, triggers environmental alert

The Liberian-flagged container vessel MSC Elsa 3 has sunk approximately 38 nautical miles southwest of Kochi, raising serious concerns over a potential environmental hazard...

MPC Container Ships reports strong Q1 2025 results

MPC Container Ships, released its Q1 2025 results, showcasing solid operational and financial performance. The quarter was underpinned by a robust charter backlog and the successful...

Shipping surge or strategic stall? Industry braces for July 9 tariff truce deadline

As the clock ticks down toward July 9, the expiration date of the current US-China tariff truce, the global shipping industry is caught in...

Brazil approves MSC’s Acquisition of Wilson Sons, paving the way for $1.35 billion deal

Brazilian regulators have given the green light to MSC’s planned acquisition of Wilson Sons, clearing the final regulatory hurdle and setting the stage for...

Bangladesh’s shipping sector shows promising growth

Recent developments in Bangladesh shipping sector reveal a strategic focus on modernization, international cooperation, and sustainability aligning the nation’s ambitions with global trends. ...

Regional shipping sways as India-Pakistan conflict disrupts Container Trade

The recent escalation in tensions between India and Pakistan has begun to ripple across regional shipping routes, triggering diversions, cost surges, and emerging logistical...

How global shipping is Adapting in 2025

The global shipping industry in 2025 finds itself at a crossroads between intensifying geopolitical fault lines and sweeping market recalibrations. Dryad Global's 2025 forecast outlines...

How to Get 50% Off CN PREMIUM

How to Get 50% Off CN PREMIUM – The Exclusive Offer You Can’t Miss We’re Celebrating 100,000 Followers – With 50% OFF for You! Container News...

Saudi Arabia accelerates maritime logistics power play amid $600 billion US investment deal and Syria reintegration

Saudi Arabia is rapidly advancing its ambitions to become a global logistics powerhouse, following the surprise announcement of a $600 billion investment pledge in...

PIL reports record profit of US$1.34 Billion for FY2024 amid strong market performance

Pacific International Lines (PIL) delivered a robust financial performance in FY2024, posting a net profit after tax of US$1.342 billion, a significant increase from...

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KlaipÄ—da port embarks on green hydrogen initiative

KlaipÄ—da Port launched its green hydrogen initiative, positioning itself as the first in Lithuania and the broader Baltic region to produce and supply green...

WR Logistics announces new CEO for Italy

WR Logistics, a provider of project logistics solutions for large-scale industrial and infrastructure projects, has appointed Massimo Naldini as CEO for Italy. Naldini will oversee...

Gebrüder Weiss expands operations in Thailand

Gebrüder Weiss will open a new country organization in Thailand on June 1 to strengthen its market presence in Southeast Asia and expand its...

US Court strikes down most Trump tariffs

A US trade court has blocked most of President Donald Trump's broad tariffs, ruling that he exceeded his authority by imposing sweeping import duties,...

European Union’s new strategic vision for Black Sea

In response to escalating regional tensions and the intensifying threat landscape, the European Union (EU) has unveiled a new strategic initiative for the Black...
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