Yemeni Houthi armed spokesman Yahya Sarea said in a statement that in the Gulf of Aden, the Houthis used multiple ballistic missiles and drones to attack the container ship "Contship Ono" and two U.S. destroyers "Colon" and "Laboon" in the Red Sea.

MSC today announced the relaunch of its Asia-US East Coast Free route service as rates on the route continue to remain stable during the market correction.

As sea freight demand from China to Northern Europe continued to set records in June, 2M alliance members Maersk and Mediterranean Shipping have reduced the number of stops in Europe on future flights to avoid congestion.

Maersk continued to grow in the second quarter of 2024, thanks to improved profitability in the Marine business, solid growth in logistics and services and excellent performance in the terminals business.

Maersk announced the latest fleet renewal plan on its website, including the ongoing signing of dual-fuel new building orders and charter contracts, in order to renew capacity of approximately 160,000 TEU per year as planned.

In the first half of the year, the container freight rate, which has repeatedly reached a record high, has been significantly loosened. On the one hand, a number of shipping giants began to reduce the quotation, the Asia-Europe route 40-foot containe

Bangladesh's civil unrest has caused serious disruptions in the supply chain, shutting down factories, halting exports, disrupting seaports, airports and customs processes, and forcing many ships to wait more than a week in the Bay of Bengal.

Container futures trading in Shanghai suggests that freight rates between Asia and Europe could fall further in 2025 after appearing to have peaked for now. Although rates have held up much better than Asia-US West Coast and Asia-Mediterranean rates,

Norwegian car carrier owner and operator Leno Shipping recently pointed out that as geopolitical measures to limit the expansion of Chinese automakers are gradually emerging, it may put downward pressure on prices, meaning that current high freight r

Mediterranean Shipping (MSC) and Maersk Line are adopting different development strategies, MSC plans to operate independently and expand the fleet, which is expected to exceed 7 million TEU by 2026; Maersk insists on the upper limit of fleet size, f