Global Trade Impact: Strait of Hormuz Closure Forces Cape of Good Hope Routing
Global shipping is facing an immediate supply chain crisis. Following joint US and Israeli strikes on Iran, the Iranian Revolutionary…
ONE Launches New AEX Service and Revamps LEX for Europe-Med Trade
Ocean Network Express (ONE) is rolling out a strategic update to its European service network. Taking effect in March 2026,…
Maersk Diverts ME11 and MECL Services Away from the Red Sea
Maersk alerted customers that it is temporarily pausing its return to the Suez-Red Sea corridor. Citing “unforeseen constraints” in the…
Algoma Central Acquires Mainstay Maritime’s Canadian Great Lakes Fleet
Algoma Central has agreed to purchase three Canadian operating companies and six Canadian-flagged Lakers from Mainstay Maritime. The transaction allows…
TIC4.0 Urges Ports to Adopt PAS 4000 Digital Standard for Cargo Handling
The Terminal Industry Committee 4.0 (TIC4.0) is calling on global ports and terminals to adopt a new information model aimed…
CMA CGM Launches Ocean Rise Express: New Japan-Europe Shipping Route
CMA CGM Group has officially launched the Ocean Rise Express (OCR), a new weekly shipping service that provides a direct…
Galadari Brothers to Build 150,000 SQM Logistics Hub at KEZAD Abu Dhabi
Khalifa Economic Zones Abu Dhabi (KEZAD Group) has officially signed a 50-year land lease agreement with the Heavy Equipment Division…
BLR and Frankfurt Airports Sign MoU to Enhance India Europe Air Cargo
Kempegowda International Airport Bengaluru (BLR) and Frankfurt Airport (FRA) have signed a Memorandum of Understanding (MoU) to strengthen air cargo…
India Approves New 4 MTPA Green Hydrogen Terminal at Paradip Port
Indian Ministry of Ports, Shipping & Waterways (MoPSW) has greenlit a ₹797.17 crore($87.65 million) project to build a dedicated green…
Maersk Heavy Load Surcharge: New Fees for Latin America Trades in March 2026
Maersk is implementing a new Heavy Load Surcharge (HWS) for 20-foot dry equipment shipped from Far East Asia to the…