CMA CGM Group CNC establishes a new company in the Philippines, CMA CGM Philippines Shipping, to improve connectivity between major Philippine ports and CMA CGM's global network.

A three-day strike between longshoremen and port operators on the U.S. East Coast has officially ended, with the two sides reaching a preliminary agreement and extending the main contract until Jan. 15, 2025.

Eu member states have formally voted, scheduled to take effect at the end of October, and Chinese electric car manufacturers entering the European market will face ultra-high tariffs of up to 45 percent.

With the arrival of the off-season and a large number of new vessels coming into service, the container shipping market is facing significant oversupply pressure, and rates are expected to accelerate the decline, allowing those non-alliance vessels w

The violence led to the temporary closure of all land traffic to Port-au-Prince, the capital of Haiti, and Maersk immediately stopped accepting bookings to and from Haiti due to the unstable situation.

SCFI fell for six consecutive weeks, affected by the threat of strikes in the East of the United States and the off-season, the freight rate of major routes fell sharply, and the shipping company added surcharges to cope with the risk.

In response to the strike planned by the US East Coast Port Union (ILA) to begin in the early hours of October 1, many liner companies have announced surcharges, and some liner executives have also spoken out on the incident.

Liner company Hanshin Marine HMM continues to push ahead with its medium to long term fleet expansion strategy, recently purchasing another five container ships on its long-term lease for approximately $300 million.

A prolonged strike in the U.S. East and Gulf Coast could deal a severe blow to the global container supply chain, with ripple effects for ships waiting for berths at U.S. East and Gulf Coast anchorages.

A container carrying lithium ion batteries caught fire at the Port of Montreal in Canada. The incident occurred in one of the containers storing 15,000 kilograms of lithium batteries at the port. The fire was quickly brought under control.