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202405-31Dryad Global Report: Attacks on Merchant Ships in the Red Sea Have DecreasedThe conflict in the Red Sea and Bab-el-Mandeb Strait region may enter a prolonged period of attrition as the coalition forces attempt to weaken the military capabilities of the Houthi forces. -
202405-30Drought Alert Lifted! Panama Canal Capacity Increases from 24 to 31 Ships Daily!After more than a year of strict restrictions due to drought, the water levels of the Panama Canal have gradually risen, heralding the dawn of recovery for maritime container services. -
202405-27Master International Logistics Co., Ltd. Hosts Annual Conference in ChengduMaster International Logistics Co., Ltd., a leader in the international logistics industry, successfully held its annual conference on May 25-26, 2024, in Chengdu, Sichuan. -
202405-14Due to bad weather, the Baltimore Bridge demolition has been postponed twice.The controlled small-scale explosion to collapse the top part of the Key Bridge that fell onto the container ship "Dali" in the Baltimore port has been delayed until the following day. -
202405-14Nightmare! Freight rates soar to $10,000! Even paying higher freight rates won't secure a booking.Freight forwarders are warning customers that demand for Asia-Europe sea freight is starting to resemble the peak period during the pandemic. -
202405-08Maersk revises full-year guidance, expects Red Sea crisis until year-endMaersk has stated that disruptions to shipping caused by the Red Sea crisis are expected to persist until the end of this year.
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202405-07Gradual Recovery! Container Ship Finally Passes Through Baltimore PortOn April 27th local time, a small container ship arrived at the Port of Baltimore in the United States through a temporary channel, marking the first cargo vessel to reach the port since the collapse of the Francis Scott Key Bridge over a month ago. -
202404-15The restoration schedule for the Port of Baltimore has been set.The U.S. Army Corps of Engineers anticipates that a new channel to the Port of Baltimore in Maryland will be opened by the end of April, facilitating the resumption of commercial shipping hindered by the collapse of the Francis Scott Key Bridge. -
202403-27A container ship hit a bridge pillar in Baltimore, causing collapse and people falling into water.CCTV News reported that a bridge in Baltimore, Maryland, USA collapsed in the early hours of the 26th local time due to a ship collision.
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202403-22The Federal Reserve is concerned about a sharp increase in US unemployment ratesLast week, Federal Reserve Chairman Jerome Powell's unexpected remarks injected a shot in the arm for the markets, propelling a simultaneous rise in U.S. stocks, bonds, and currency.
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