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container shipping

Trump Walks Back Proposed 20% Hormuz Shipping Fee

Analysts warned the proposed toll could have sent container shipping costs skyrocketing, especially if the…

Shanghai, Ningbo Ports Reopen After Typhoon Bavi Shutdowns

Although the major terminals are up and running, logistics providers warn it does not mean that vessel…

Trump Says US Will Blockade Iranian Ports Again, Charge 20% Strait of Hormuz Cargo Fee

The proposal follows renewed U.S.-Iran hostilities and an ensuing sharp decline in vessel traffic through one…

Appeals Court Sides With FMC in Evergreen Detention Fee Dispute

The six-year legal battle over $510 in detention fees could reshape how ocean carriers bill truckers and…

Maersk, Hapag-Lloyd Resume Red Sea Service Despite Fresh Security Concerns

The vessel-sharing partners restored an Asia-to-Mediterranean service through the Suez Canal, even as a cargo…

US, Iran Leave Qatar Talks With Hormuz Future Still Unclear

With no diplomatic breakthrough, ocean carriers are confronting both emergency surcharges and the prospect of…

Maersk Lifts 2026 Profit Outlook as Strong Freight Rates Defy Earlier Shipping Gloom

The carrier now expects global container volumes to grow 4 percent in 2026, reflecting…

Trump Calls Attack on Evergreen Ship in Hormuz ‘Foolish Violation’ of Ceasefire

The strike on the Ever Lovely prompted the IMO to pause its vessel evacuation process, renewing uncertainty…

Trans-Pacific Shipping Rush Sends Container Rates to 22-Month High

Drewry says ocean freight rates rose to their highest level since September 2024 as importers replenish lower…

Port of Virginia Completes Harbor Deepening Project for Ultra-Large Container Ships

The port completed a $450 million dredging to tack on five more feet of depth, creating the deepest harbor on…

Strait of Hormuz Traffic Rebounds, but Full Shipping Recovery Could Take Months

New Iranian permit requirements and unresolved de-mining operations continue to cloud the outlook despite…

NOAA Warns Potentially Historic El Niño Could Renew Pressure on Panama Canal

The forecast comes as canal officials take precautionary water conservation measures and vessel traffic…

US-Iran Deal Declares Hormuz Open, but Long-Term Rules Remain Unclear

The memorandum outlines immediate steps to restore maritime traffic but offers few specifics on what comes…

US Firms Sue Chinese Container Manufacturers Over Alleged Price Fixing

Two class action complaints follow last month's DOJ indictment alleging years-long conspiracy to restrict…

Shipping Industry Sees Too Much Risk in Hormuz Return, For Now

Even with a deal to end the U.S.-Iran war set to be signed Friday, unresolved security questions are keeping…