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An explosion occurred at the port of Shahid Rajah in Iran, causing casualties
An explosion occurred at the port of Shahid Rajah in Iran, causing casualties
2025-04-27
An explosion occurred at the port of Shahid Rajah in the southern Iranian city of Bandar Abbas, killing 14 people and injuring more than 750.
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Yantian Port released its 2024 annual report
Yantian Port released its 2024 annual report, with its net profit surging by 21.74%
2025-04-27
Yantian Port released its 2024 annual report, achieving operating revenue of 794 million yuan, a year-on-year decline of 11.16%, and a net profit attributable to the parent company of 1.349 billion yuan, a year-on-year increase of 21.74%.
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The chairman of the board of FESCO in Russia established a container shipping company
The chairman of the board of FESCO in Russia established a container shipping company
2025-04-27
Andrei Severilov, the former chairman of the board of the Russian Far East Maritime Transport Group (FESCO), has recently established a new container shipping enterprise named A7 African Cargo Lines LLC (referred to as A7 ACL).
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Cosco
Cosco Shipping should join hands with the alliance to deal with the sanctions
2025-04-27
Cosco Shipping should coordinate with CMA CGM and Evergreen Marine to increase the frequency of trans-Pacific routes to avoid a significant impact on the overall capacity of the Ocean Alliance members.
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MSC
6 container ship manufacturing orders suspended due to US interference
2025-04-25
Due to the unclear impact of the US port fee policy on Chinese shipbuilding, the world's two major container shipping giants are currently pressing the "pause button" for new shipbuilding orders.
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PSA plans to sell a 20% stake in Hutchison Ports again
PSA plans to sell a 20% stake in Hutchison Ports again
2025-04-25
PSA International (Singapore International Port Group) is considering selling its 20% stake in Hutchison Ports.
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Trump
Trump lowered his stance and considered reducing tariffs on China to 50%
2025-04-25
A White House official said that tariffs on Chinese imports might be reduced to about 50% to 65% of the previous level.
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Zim and T.S. Lines have suspended some Trans-Pacific routes
Zim and T.S. Lines have suspended some Trans-Pacific routes
2025-04-25
Due to the recent tariff policies between China and the United States, several liner companies, including ZIM and T.S. Lines, have recently announced the suspension of some Trans-Pacific routes.
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Nine voyages on the East Coast of the United States route will be cancelled next month
Nine voyages on the East Coast of the United States route will be cancelled next month
2025-04-25
The situation on the Asia-US Gulf and US East Coast routes is even worse. From May 5th to 11th, nine voyations will be cancelled, equivalent to 42% of the weekly capacity of this route.
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The pressure at US ports has increased sharply
Due to insufficient production capacity, the pressure on US ports has increased sharply
2025-04-25
The AAPA responded to the USTR's final action based on the Section 301 investigation, warning that the shipping industry and consumers still face significant challenges.
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