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ONE established a multimodal joint venture with a South Korean freight forwarder

ONE established a multimodal joint venture with a South Korean freight forwarder

Liner operator ONE and South Korean freight forwarder LX Pantos announced the formation of Boxlinks, a joint venture to provide end-to-end U.S. domestic multimodal transportation services.

The shipping alliance entered the competition stage

Gemini officially operated, the shipping alliance entered the stage of hegemony

Ocean Alliance, Gemini Alliance, Premier Alliance, Mediterranean Shipping, will reshape the new pattern of consolidation market alliance.

Counter the United States

More measures against the United States, Trump panicked

China announced a 15 percent tariff on coal and liquefied natural gas from the United States, and a 10 percent tariff on crude oil, agricultural machinery, large vehicles and pickup trucks.

Panama to withdraw from Belt and Road Initiative in 2027

Trump gets his way, Panama to withdraw from Belt and Road Initiative by 2027

Panama has decided not to renew the Belt and Road Initiative mou signed with China in 2017, and plans to scrap the relevant agreements directly before they expire in 2027 and 2028, promising free passage of US warships through the Panama Canal.

Vessels from these three countries are at higher risk in the Red Sea

Vessels from these three countries are at higher risk in the Red Sea

The Houthis' pledge to end attacks on shipping is contingent on a ceasefire between Israel and Hamas, which poses a risk to ships if either side violates it, actual or perceived.

Well-known freight forwarder DB Schenker took action

In response to Trump's tariffs, well-known freight forwarder DB Schenker took action

Db Schenker sees a growing demand from customers to establish a presence in the region around China in order to expand their presence and future-oriented business in Asia.

Maersk responded to continue circling the Cape

Maersk responded to continue circling the Cape

The safety risks for commercial vessels passing through the Red Sea and the Bab el-Mandeb Strait remain high, and Maersk will continue to choose to bypass Africa via the Cape of Good Hope until the Bab El-Mandeb Strait is safe for navigation.

Operations began to resume in Texas on Wednesday

Texas, which was closed due to the storm, began to resume operations on Wednesday

Several ports in Texas began resuming operations on Wednesday after winter Storm Enzo left the state. The ports of Houston and Galveston were scheduled to reopen to ship traffic later in the day.

CMA CGM has ordered 12 dual-fuel container ships from HD

CMA CGM has ordered 12 dual-fuel container ships from HD

French container shipping giant CMA CGM has placed an order for 12 15,500TEU LNG dual-fuel container ships with South Korean shipbuilder HD Hyundai Heavy Industries.

Union Pacific

Union Pacific's fourth-quarter profit rose 7%

Union Pacific reported net income of $1.8 billion for the fourth quarter of 2024, up from $1.7 billion a year earlier, as higher rail freight volumes fueled record profits.

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