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Panama
Panama's president blasted Trump: The country's sovereignty and independence cannot be violated
2024-12-25
The Panamanian President Jose Mulino has rejected comments made by the US president-elect Donald Trump about the Panama Canal, stressing that the canal is owned by Panama and that Panama's sovereignty and independence cannot be violated.
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Container ship Amnah capsized
A container fell into the water and the container ship Amnah capsized
2024-12-25
A container ship named Amnah(5,200 tons deadweight) lost stability during loading and unloading operations at the port of Ambarli in Istanbul, Turkey, and finally capsized on the side of the dock.
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Shanghai Port container annual throughput exceeded 50 million TEU
Shanghai Port container annual throughput exceeded 50 million TEU
2024-12-25
The annual container throughput of Shanghai Port exceeded 50 million TEU, setting the highest record in the history of global port container transport, and is expected to rank first in the world for the 15th consecutive year.
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Terminal operator TIL17.2 billion invested in the construction of India
Terminal operator TIL17.2 billion invested in the construction of India's Wadwan Port
2024-12-25
Terminal operator TIL (a subsidiary of MSC) has proposed to invest about Rs 200 crore (about 17.2 billion yuan) to develop Vadhvan Port.
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CMA Marine CMA CGM returns to Ukraine
CMA Marine CMA CGM returns to Ukraine
2024-12-24
CMA CGM returns to Ukraine with the new Odessa Express (ODX) route, becoming the latest liner to offer services to Ukraine after MSC and Iteris Feeders.
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The threat of a port strike helped push up trans-Pacific container rates
The threat of a port strike helped push up trans-Pacific container rates
2024-12-24
The prospect of a strike at U.S. East Coast ports in January could push up rates on transatlantic routes, which have held steady since mid-October.
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France
France's Geodis plans to increase profits to 6% over the next three years
2024-12-24
Geodis plans to increase profits from 3.8 percent of global revenue to 6 percent over the next three years, even as sales remain only stable or even decline, a far cry from the peak ocean and air freight rates reached in the 2021-2022 period.
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Bulk carrier dividends have passed and earnings will drop sharply
Analyst: The bulk carrier dividend has passed, and the future income has declined sharply
2024-12-24
In 2025, the dry bulk market may not be able to continue this year's strong performance, with the average dry bulk carrier earnings falling by as much as 19% in 2025 as new ship deliveries exceed trade volume increases.
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Response of the Ministry of Commerce
The United States launched a 301 investigation into China's chip industry policies, and the Ministry of Commerce responded!
2024-12-24
​ The trade investigation has undoubtedly further exacerbated tensions between China and the United States in the semiconductor field, while also bringing more uncertainty and challenges to the global semiconductor supply chain.
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Danish logistics company SGL acquires Canadian freight forwarder ITN
Danish logistics company SGL acquires Canadian freight forwarder ITN
2024-12-24
Denmark's Scan Global Logistics (SGL) has acquired TN Logistics Group (ITN), a privately held Canadian freight forwarder, subject to antitrust approval by Canadian authorities and expected to close in the first quarter of 2025.
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