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Bureau Veritas Introduces AITrack for Enhanced Supply Chain Emissions Visibility
Bureau Veritas's new AITrack solution offers enhanced supply chain emissions visibility for better strategic decisions
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Ocean Freight
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Singapore Police Trial Jetpacks and Drones for Enhanced Maritime Security
Singapore Police are testing jetpacks and weaponized drones to enhance maritime security and vessel boarding capabilities
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Solstad Offshore Wins $14.5M in CSV Charter Dispute Arbitration
Solstad Offshore has won an arbitration case, securing $14.5 million for a disputed charter of its Normand Maximus CSV
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CMA CGM Implements Peak Season Surcharge from South China and Hong Kong
CMA CGM is introducing a Peak Season Surcharge for cargo originating from South China, Hong Kong, and Macau.
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Trump: China Offers Assistance in Iran Negotiations Amid Strait of Hormuz Tensions
Donald Trump stated China is prepared to assist in diplomatic efforts with Iran to resolve conflict and reopen the Strait of Hormuz
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FMC Seeks New Members for National Shipper Advisory Committee
The Federal Maritime Commission is seeking new members for its National Shipper Advisory Committee to advise on ocean freight.
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US Trucking Costs Surge 20% Annually as Fuel Prices Drive PPI Increases
US truckload and LTL producer price indexes jumped 20% year-over-year in April due to rising fuel costs
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Supreme Court Ruling Increases Broker Liability for Carrier Safety Records
A Supreme Court ruling now holds freight brokers more accountable for the safety records of the motor carriers they hire
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Vessel Attacks Near Strait of Hormuz Escalate Amid US-China Talks on Iran
New attacks on ships near the Strait of Hormuz underscore regional tensions as US and China discuss Iran
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Port Authorities Urged to Lead Integrated Logistics Ecosystems
Port authorities and terminal operators must transition from passive infrastructure providers to active logistics orchestrators
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Increased Container Dwell Times Impact Vessel Schedules at Nhava Sheva and Mundra Ports
Vessel berthing delays are impacting Nhava Sheva and Mundra ports due to inadequate drayage capacity and extended container dwell times
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Evergreen Reports 71% Q1 Profit Decline Amidst Softening Freight Rates
Evergreen Marine saw a 71% net profit decline in Q1 as average revenue per TEU fell by 22% due to softer freight rates
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US Truckload Capacity Reduction Deemed Permanent, Leading to Higher Costs
Reduced US truckload capacity is considered a permanent change, likely leading to higher long-term shipping costs
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Dual-Fuel Vessel Orders Exceed 1,200, Signaling Industry Shift
Over 1,200 dual-fuel containerships and vehicle carriers are now in service or on order, reflecting a major industry shift
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Maersk Relocates TA2 Service Rotterdam Calls to ECT Delta Terminal
Maersk's TA2 service will move its Rotterdam port calls to the ECT Delta Container Terminal starting May 18, 2026
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Los Angeles Port Container Imports Surge While US East Coast Ports Decline
Los Angeles port saw an 18% month-over-month jump in container imports, reaching its highest volume since last August
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Global Container Spot Rates Increase Sharply Amid Surcharges and Capacity Adjustments
Global container spot rates experienced their sharpest weekly rise in months as carriers introduced surcharges and cut capacity.
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Vessel Seized Near Strait of Hormuz, Diverted Towards Iran
A commercial vessel was reportedly boarded by unauthorized individuals northeast of Fujairah and is now being directed towards Iran
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MSC Publishes New FAK Rates for Far East to Europe, Med, and Black Sea Routes
MSC announced new FAK rates from Far East ports to Northern Europe, Mediterranean, and Black Sea destinations, effective June 1-14, 2026
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EU Bans Brazilian Beef Exports, Impacting LatAm-Europe Trade Despite Growth
The EU's ban on Brazilian beef exports is creating uncertainty for shippers, despite recent trade growth
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Glaciar Pesquera Fleet Adopts Inmarsat NexusWave for Digital Transformation
Glaciar Pesquera is rolling out Inmarsat's NexusWave across its fishing fleet to boost digital capabilities
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Yang Ming Reports Revenue and Profit Decline in Q1 2026
Yang Ming Marine Transport Corporation experienced a modest decline in Q1 2026 revenues and profits
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Singapore's Thong Yong Group Orders Two OSVs from China's Jianglong Shipbuilding
Singapore's Thong Yong Group has ordered two offshore supply vessels from China's Jianglong Shipbuilding for $18.4m
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Hong Kong Implements Strategy to Re-establish Global Shipping Hub Status
Hong Kong is implementing a multi-faceted strategy to restore its standing as a premier global shipping hub
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Pilbara Ports Report Modest Throughput Increase in April 2026
Pilbara Ports recorded a 2% increase in total throughput for April 2026, reaching 65.9 million tonnes
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Bunker Fuel Supply Risks May Influence Container Shipping Peak Season Timing
Bunker fuel supply risks, especially from Strait of Hormuz disruptions, may affect container shipping's peak season
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New York City Considers Law Mandating Direct Employment for Delivery Drivers
New York City is considering a law that would mandate direct employment for delivery drivers, prompting Amazon to threaten withdrawal
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Middle East Airports Face $1 Billion Air Cargo Loss Amid Regional Conflict
Middle East airports experienced a 52% drop in air cargo volumes over two months due to ongoing regional conflict
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Adani's Astro Offshore Partners with Oceaneering for European Subsea Expansion
Adani Ports' marine platform, Astro Offshore, is partnering with Oceaneering International for European subsea expansion
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Ziegler UK Undergoes Management Buyout Amidst Group Restructuring
Ziegler UK has undergone a management-led restructuring, according to official filings and industry sources