TARIFF ‘WHIPSAW EFFECT’ BOOSTS JUNE CARGO TO NEW RECORD AT PORT OF LOS ANGELES
The Port of Los Angeles handled 892,340 Twenty-Foot Equivalent Units (TEUs) in June, 8% more than last year. It was the busiest June in the 117-year history of the Port of Los Angeles.
Africa diversions drive sharp rise in ocean carrier emissions
Container traffic diversions around southern Africa to avoid attacks in the Red Sea drove up emissions in early 2025 by nearly one-fifth compared with a year earlier. But while ocean carriers have improved their fuel burning and ship utilization, recent attacks in the Red Sea have killed any hopes of a return to more fuel-efficient […]
Tariffs bring uncertainty to trans-Atlantic
A standout trade lane for Antwerp is the trans-Atlantic, where traffic with the US has continued its first-quarter growth through the first half, although the impact of tariffs hangs over the corridor.
IMO Blasts Renewed Houthi Attacks on International Shipping in the Red Sea
IMO Secretary-General Mr. Arsenio Dominguez has expressed concern over renewed attacks on international shipping in the Red Sea region and has called for “constructive dialogue” for resolving ongoing geopolitical crises.
Panama Canal Restores Full Draft amid Global Trade Shifts
The Panama Canal Authority (ACP) has confirmed that the waterway is operating at full capacity, maintaining a 50-foot draft throughout the dry season.
World Shipping Council Reports YoY Increase of Containers Lost at Sea
The World Shipping Council (WSC) has released its annual Containers Lost at Sea report, showing that 576 containers were lost at sea in 2024. While this represents an increase from the record-low 221 containers lost in 2023, it remains well below the 10-year average of 1,274 containers lost annually, underscoring continued industry progress on safety and prevention.
Indian Ban on Ships Carrying Pakistani Goods Causes Increased Freight Prices and Longer Transit Times
Per a research report published recently, India’s ban on vessels carrying Pakistani goods from anchoring at its port facilities has led to a rise in freight prices and longer transit times.
Ocean Spot Rates Cool in June as Demand Wanes, Experts Say
Ocean spot rates from Asia to North America have mainly cooled from a sharp uptick to start June due to low demand for U.S.-bound cargo, according to Drewry’s World Container Index.
Ocean Carriers Warn of No End in Sight for Global Shipping Logjam
It’s easy to blame the tariffs from the Trump administration for the uncertainty plaguing global supply chains. But a variety of other factors – from the dangers of transiting the Suez Canal to port congestion – have compounded delays, driven up shipping costs and made long-term planning increasingly difficult for importers and exporters alike.
Thai Exporters Face $600 Million in Added Costs as Port Congestion Worsens
Thai exporters and importers risk more than $600 million in added annual logistics costs as congestion worsens at the country’s main deep-sea port, driven by a surge in shipments ahead of potential steep U.S. tariffs.