COSCO SHIPPING Piraeus and National Technical University of Athens Sign Cooperation Agreement

​COSCO SHIPPING (Piraeus) Port and the National Technical University of Athens signed a Memorandum of Understanding on cooperation at the port on the 16th, formally establishing a collaborative partnership.

Hunger Strike Erupts in Chittagong to Oppose Terminal Privatisation

​The Chittagong Port Protection Committee staged a five-hour symbolic hunger strike at the Chittagong Press Club on the 18th, demanding that the Government of Bangladesh immediately halt lease negotiations concerning the New Mooring Container Terminal and the Chittagong Container Terminal.

Sudden Mass Strike at Port Hedland Halts Iron Ore Seaborne Export Channel

A mass strike erupted at Port Hedland, one of the world's largest iron ore export hubs, in Western Australia at 2:00 p.m. on the 16th, with approximately 200 to 250 BHP port workers walking off the job for eight hours.

Suez Canal Surcharges Hiked Sharply

​The Suez Canal Authority has confirmed that a new round of transit surcharges took effect on July 15, raising passage costs for nearly all vessel types.

Water Levels on the Rhine Continue to Fall, Freight Costs Surge

Water levels on the River Rhine in Germany continue to drop under the current heatwave, leaving cargo vessels unable to sail fully laden and driving up freight costs.

26 Dockworkers Arrested in Panama on Drug Charges After Two-Year Investigation

26 Dockworkers Arrested in Panama on Drug Charges After Two-Year Investigation

Maersk Unveils Its First "Made in India" Container

Global shipping giant AP Moller–Maersk recently held a ceremony at the Maersk-CONCOR inland container depot in Dadri, Uttar Pradesh, to formally unveil its first Indian-manufactured EXIM container.

MSC to Acquire 49% Stake in Major Indian Port

Mediterranean Shipping Company, the world's largest container shipping line, is further deepening its bet on India's rapidly growing container market.

$400 Million! CMA CGM to Develop New Terminal

On June 29, Asyad Group signed a framework agreement with the CMA CGM Group to jointly develop, manage, and operate a new multipurpose logistics terminal in Sohar valued at $400 million.

America's Newest Terminal Suspended After Just Five Years of Operation

The Hugh K. Leatherman Terminal—the first newly built large container terminal in the United States in nearly 15 years, costing close to US$1 billion—is being suspended after barely five years in service.