Global Port Congestion Worsens, With Average Vessel Wait Times Nearly Twice 2019 Levels
Congestion at container ports worldwide continues to worsen. The latest analysis from shipping consultancy Drewry shows that durin
Logistics and Port Facilities Hit in Ukraine Amid Unconfirmed Reports of Strike on DHL Site
On August 31, warehouses and logistics facilities in several parts of Ukraine’s Kyiv region were damaged in drone attacks. Interfa
K Line Orders Three New 311,000 DWT VLCCs, with Deliveries Starting in 2029
Japanese shipping company K Line is expanding its VLCC newbuilding portfolio. On August 28, K Line announced that it had signed sh
APM Terminals Begins Construction on $550 Million Laldia Container Terminal in Chattogram, Bangladesh
Maersk-owned port operator APM Terminals is increasing its investment in Bangladesh’s port sector. On August 30, APM Terminals lau
Cargo Ship Sinks After Catching Fire in Black Sea; Possible Drone Attack Under Investigation, All 12 Crew Rescued
A cargo ship caught fire and later sank off the coast of Romania in the Black Sea, with the cause of the incident still under inve
Maersk and Hapag-Lloyd Cancel Multiple Sailings as Transpacific Schedules Are Adjusted for China's National Day Golden Week
As China’s National Day Golden Week approaches, carriers are beginning to adjust their transpacific schedules. On August 28, Maers
