On January 8th, the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) reached a preliminary agreement on all terms of the new six-year contract. Both sides...
On January 3rd, the Shanghai Export Container Freight Index (SCFI) rose 44.83 points to 2505.17 points, showing a six week continuous upward trend. The rise this time was mainly driven by the US route, ...
The shadow of the strike at the East Coast ports is looming over the shipping industry, leading to an announced increase in container freight rates for shipments scheduled for January 2025. For companies unwill...
On December 19, US MP introduced a bill called the SHIPS for America Act, which requires that some goods imported from China must be shipped on US-flag vessels starting from 2029.
On December 13, the Shanghai Shipping Exchange released the Shanghai Export Containerized Freight Index at 2384.40 points, up 5.7% from the previous period. Among them, the market freight rates for the tw...
In the early hours of December 3 local time, about 14 kilometers southeast of the port of Algeciras near the Strait of Gibraltar,The HMM St Petersburg, a very large container ship owned by HMM, collided...