Red Sea

Evergreen Marine Corp., the world’s seventh-largest box carrier, saw revenue and profits climb in 2024.

The parent of Orient Overseas Container Line said 2024 earnings grew on higher revenue from supply chain disruptions that pushed up ocean rates.

While Red Sea conflict and the U.S. trade war depress container shipping rates, logistics services providers advise short-term flexibility to leverage emerging opportunities.

Marseilles, France-based CMA CGM saw shipping revenues and earnings improve on assorted geopolitical stresses in 2024.

After months off frontloading by importers that boosted prices, container rates on the trans-Pacific are declining following Lunar New Year, said analyst Freightos.

Proposed U.S. port charges aimed at China are the latest undercurrents roiling the global container market.

The aircraft carrier USS Harry S. Truman and a Panamanian-flagged bulk carrier collided late Wednesday in the Mediterranean Sea.

While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.

Trans-Pacific container rates will likely remain elevated as importers look to avoid more U.S. import tariffs.

Maersk, the world’s second-largest container line, reported solid gains in 2024 in its ocean, logistics and terminals businesses.

Here’s what you need to know as ocean carrier alliances prepare to deploy new and reorganized container services.

A strong shipping market helped secondhand container prices grow to an above-average finish in 2024, but it’s unclear whether that will be sustained heading into the new year. “With inflationary pressures persisting and central banks maintaining higher interest rates for longer, container owners will face increased total asset costs,” said Christian Roeloffs, co-founder and chief […]

CMA CGM, the French container line that has continued to transit the Red Sea despite attacks on shipping, said it will continue to route most of its affected services away from the region.

Houthi rebels said they will end attacks on Israel and on merchant shipping in the Red Sea in the wake of a ceasefire between Israel and Hamas.

Israel and Hamas agreed to a ceasefire, raising questions as to when major container lines will return to the Red Sea.

Container rates from Asia to the United States are in a holding pattern after an East Coast longshore strike was averted.

China’s largest ocean carrier forecast record profits as Red Sea disruptions helped keep freight rates high.

French carrier CMA CGM rolled out three peak season surcharges for U.S.-bound containers.

Trans-Pacific container rates increased sharply to start 2025, according to analyst Freightos, as importers brought shipments forward ahead of Lunar New Year.

CMA CGM has announced several surcharges affecting US container services but delayed one after reports that union dockworkers and port employers would resume contract negotiations.