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Ukraine focussed on upholding recovering shipping operations amid heightened Russian attacks

In the past month, for the first time this year, Russia has escalated its military strategy to include targeting shipping and port infrastructure, prompting...

UNCTAD report: War in Ukraine pushes up shipping costs worldwide

The war in Ukraine has caused serious challenges to the trade and logistics of Ukraine and the Black Sea region, according to a new...

Turkish ports major beneficiary in Black Sea amid war in Ukraine

The seaports in Turkey are found to be the major beneficiary of the ongoing Russia Ukraine war, according to Pavlenko Alyona's report in East...

Maersk ceases all operations in Russia and Belarus

Maersk has announced the closure of its operations in Russia and Belarus due to the ongoing war in Ukraine. The Danish company has already stopped...

India prepares SoP to clear re-imported Russia bound stuck containers

Several thousands of Indian goods laden containers, which were bound to Russia but stuck in various European and West Asian ports, are now returning...

President Biden bans Russian vessels from US ports

The president of the United States, Joe Biden has decided to ban all Russian-affiliated vessels from calling at the US ports, joining the European...

India resumes shipments to Russia

India has reportedly started shipment of goods to Russia again after two Russian banks have started facilitating payments in both Rupee-Ruble and Euro. Last week,...

European Union’s ports ban Russian vessels

The European Commission (EC) has announced a ban on Russian vessels and Russian-operated ships from accessing European Union (EU) ports. EC said there will be...

CMA CGM Group delivers emergency humanitarian aid to Ukraine

CMA CGM Group, through its Foundation that supports local community and humanitarian projects, has made a large-scale operation, coordinated by the Crisis and Support...

Geodis to offer humanitarian aid in Ukraine

The transport and logistics provider Geodis will offer humanitarian help to the people of Ukraine through the mobilisation of the group's logistics capabilities for...
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DP World multi-currency stablecoin for global trade settlement

DP World is partnering with financial institutions and technology providers worldwide to tackle persistent inefficiencies in cross-border payment systems. Businesses in emerging markets such as...

Japan-US container trade grows in 2024

Container movements from Japan to the United States reached a total of 643,433 TEUs in 2024, marking a 5.7% increase compared to the previous...

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...
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