Due to the tense situation in the Red Sea, the country's important port, the Port of Eilat, has fallen into a debt crisis and will be permanently closed on July 20th.

The China Securities Regulatory Commission has approved the share swap and absorption merger of China State Shipbuilding Corporation and China Shipbuilding Industry Corporation.

Under the guidance of the Shanghai Maritime Safety Administration, the Yangshan Port Maritime Safety Administration successfully cracked the first case of forged inspection certificates for mobile tank containers at the Port of Shanghai.

Major European ports are experiencing a congestion crisis. Ports such as Rotterdam, Antwerp and Hamburg are experiencing persistent congestion, with the average waiting time for ships climbing to 66 to 77 hours.

India has informed the World Trade Organization (WTO) that it plans to impose retaliatory tariffs on some US products in response to the US's violation of WTO rules by imposing additional tariffs on automobiles and auto parts imported from India.

A container ship under the Mediterranean Shipping Company made its first voyage through the Bab del Mandeb Strait after an 18-month hiatus. The voyage was completed by the "MSC Antonia" with a container capacity of 6,700 TEUs.

Cma CGM Group's total operating capacity has exceeded 4 million TEUs, reaching 4,014,290 TEUs, making it the third liner company to break the 4 million TEU mark after Mediterranean Shipping Company (MSC) and Maersk.

In a report released, Danish shipping giant Maersk pointed out that the average effective tariff currently borne by US importers for goods is 21%.

DP World, a port and logistics operator, recently opened a freight forwarding center in Mexico City to support the growing demand for cross-border logistics services between Mexico and the United States.

The freight rate on the US West Coast route has fallen below the $2,000 defense line. Market sources say it is approaching the cost line of alliance vessels, and some non-alliance small vessels have begun to suffer losses.