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Port NOLA confirms US$1 million grant for Louisiana box terminal project

The Port of New Orleans (Port NOLA) was awarded US$1 million from the Environmental Protection Agency (EPA) for its Louisiana International Terminal (LIT) Sustainability...

Wallenius Wilhelmsen wins 12-year terminal deal in Gothenburg

Scandinavian RoRo shipping and vehicle logistics company Wallenius Wilhelmsen wins a terminal contract in Gothenburg, taking a strategic step to expand its logistics services. The...

The United States Eases Sanctions on Syria

Following the ousting of Bashar al-Assad, the US Treasury has eased some sanctions on Syria to facilitate humanitarian aid and the provision of essential...

Two ships sink around Singapore

Two ships encountered distress around Singapore waters over the weekend. In the first incident, a Vietnamese general cargo ship, Dolphin 18, capsized 274 nautical...

Ocean Alliance rolls out new service network

Ocean Alliance of CMA CGM, COSCO, Evergreen and OOCL has announced the latest product line-up for 2025. As the initial cooperation period nears its end,...

OOCL unveils third 16,828 TEU container ship

Hong Kong-based box carrier Orient Overseas Container Line (OOCL) marked a significant milestone with the naming ceremony of its third state-of-the-art 16,828 TEU container...

Clecat: Rates driven by capacity not service

Maritime rates are not determined by how good a service is but by the crude measure of available supply and customer demand, according to...

The Growing Role of Marine Insurance Amid Geopolitical Tensions

As the global maritime trade slips into a turbulent environment, marine insurance companies play a pivotal role in the shipping industry, and their role...

Weekly Market Review: Container Shipping Stocks

The container shipping sector faced a turbulent week, with most major players witnessing a decline in their stock prices. This downturn could be indicative...

New alliance structure launch may reduce usual CNY blanking

Chinese New Year (CNY) in 2025 will fall on 29 January 2025, coinciding with the launch of new carrier alliance networks. While CNY typically causes...

Middle East Maritime Security Risks Amid Geopolitical Tensions and Iran’s Strategic Maritime Investments

An assessment by global maritime risk management expert Ambrey Analytics suggests that the reelection of President Donald Trump could increase maritime security challenges in...

Ocean container shipping rates may fall after USEC deal

Strikes at ports on the US East Coast and Gulf Coast, which would have caused an economic and supply chain crisis, have been called...

Latest Posts

Strategic and Geopolitical Implications of Taiwan Strait: Comparative Analysis of G7 and BRICS Dependencies

The Taiwan Strait serves as a crucial maritime corridor, linking major East Asian economies with the global market. This route's strategic value is highlighted by...

Container Shipping Stocks: Weekly Performance Overview

Container shipping has long been a critical pillar of global trade, facilitating the transport of goods across continents and powering economies. In the past...

Marfret receives 300 new reefer containers

Marfret has recently purchased 300 new refrigerated containers, which will primarily support exporters from Latin America in shipping tropical fruits, particularly those harvested in...

Vietnam approves Can Gio transshipment port project

The Vietnamese government has given the green light to the “investment policy” for the Can Gio International Transshipment Port Project in Cai Mep. This is...

Kalmar delivers electric reachstackers to Westport’s Norwegian terminal

Finnish port equipment manufacturer Kalmar has supplied four electric reachstackers to the Norwegian port operator Westport AS, further strengthening their partnership to promote sustainable...
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