Piracy Incidents in Strait of Malacca and Singapore Strait See Alarming Rise in 2025
A significant surge in piracy incidents has been reported in the Strait of Malacca and…
Shipping
Turkey Imposes Immediate Ban on Israeli-Linked Shipping
ZIM confirms Turkey's sudden ban on shipping associated with Israel, citing diplomatic tensions
Zim Reroutes Vessels Amid New Ban on Israel-Linked Ships in Turkey
Zim Integrated Shipping Services has rerouted its vessels from Turkey due to a new ban…
Maersk Line Inks Three-Year Deal with SLPA Terminals to Boost Sri Lankan Trade
Maersk Line signs a three-year agreement with Sri Lanka Ports Authority (SLPA) terminals to enhance…
Asia-US Sea Freight Rates Expected to Continue Downward Trend
Sea freight rates from Asia to the US are predicted to extend declines due to…
ICTSI Achieves Record-Breaking $483.8 Million Net Income in First Half of 2025
International Container Terminal Services, Inc. (ICTSI) reports a significant increase in net income, reaching a…
Revolutionizing Fresh Produce Logistics: Del Monte and CMA CGM’s Containerized Breakthrough
Del Monte and CMA CGM pioneer containerized banana and pineapple shipping in Asia, elevating cold…
Asia-US Shipping Rates Plummet Amid Escalating Tariff Turmoil
Shipping rates between Asia and the US are expected to decline further due to ongoing…
Panama Removes 17 US Sanctioned Vessels from Registry Amidst Global Trade Tensions
Panama delists 17 US sanctioned ships from its registry, citing compliance with international regulations and…
Tanker Market Navigates Transition as July 2025 Comes to a Close
The tanker market is experiencing a period of transition as July 2025 draws to a…