Global Containership Fleet Set to Surpass 34 Million TEU, with Another 10 Million TEU Possible Within Five Years
The global containership fleet is approaching a new capacity milestone. According to BIMCO, total fleet capacity was close to 34 m
FedEx Freight Executive Terminated After Internal Investigation Finds Code of Conduct Violation
FedEx Freight has terminated Michael B. Lyons, Executive Vice President – Chief Specialized Services and Commercial Officer. The c
Indonesian Cargo Vessel Catches Fire and Sinks, Leaving Two Crew Dead and Causing Chemical Spill
A cargo vessel caught fire and sank off Southeast Sulawesi, Indonesia, on September 1. LCT Legenda Nusantara 699 was sailing throu
Maersk Could Fall to Fourth as COSCO SHIPPING Holdings and CMA CGM Close In
The global container carrier capacity rankings could be heading for a major shake-up. According to the latest Alphaliner data rele
Strait of Hormuz Tensions Rise as Trump Proposes 'Trump Strait'; Merchant Shipping Risks Persist
U.S. President Donald Trump has again drawn attention with remarks made as tensions in the Strait of Hormuz remain high. On Septem
More Carriers Resume Suez Canal Transits as Red Sea Traffic Gradually Returns
After more than a year of diversions around the Cape of Good Hope, a growing number of container ships are cautiously returning to
