Another member of BYD's "sea fleet" was added, and the third ro-ro (automobile carrier, PCTC) "BYD HEFEI" vessel named after the Hefei factory was successfully delivered and set sail.

The Biden administration is planning to further tighten sanctions on Russia, with the latest package targeting two Russian oil companies, more than 100 oil tankers, and insurance companies and traders involved in Rosneft deals.

The city of Sevastopol, a port city in the Black Sea, officially declared a state of emergency on January 4, 2025 due to a serious oil tanker fuel spill in the Kerch Strait.

A high season surcharge for shipments from some parts of the world to the U.S. East, Hapag-Lloyd will charge WDS and WID, which will only be charged in the event of a supply chain disruption.

Forward Air, a Us-Based freight forwarder, has publicly revealed that its board has begun a comprehensive review of strategic options including a merger or sale of the company.

Container shipping company CMA CGM has delayed an important US surcharge and instead plans to implement two related surcharges simultaneously later this month.

The HMM TACOMA was on its way from Mundra Port in India to Algeciras port in Spain on December 29, 2024, when a fire broke out in hold 7 while passing through the Mozambique Channel.

Spot freight rates for shipping containers have soared in recent weeks and shippers are now grappling with rapidly rising costs, especially on the key eastbound trans-Pacific trade route.

Evergreen Shipping has determined to issue 20 times the monthly salary of the year-end bonus, each employee dividend is known to be able to get 3.1 months, estimate the fourth quarter profit, may rush to 4 months.

Maersk strongly advises customers to pick up cargo containers and return empty containers from ports in the eastern United States and Gulf Coast by January 15, 2025.