As backlogs at U.S. ports and climbing shipping rates plague the supply chain, new data shows shipping rates between the U.S and China are dropping by more than 50% in just a month. Data provided ...
The giant container ship that was blocking the Suez Canal for nearly a week finally made it through and shipping traffic started up again. The moon and high tide helped workers more than any machine.
MPCC sells seven vessels and updates 2025 outlook. Find the latest news from the maritime industry on the PortNews website.
The quintet includes a pair of 1,992-teu vessels — the biggest ever to be bought by Greek owner Nikolas Pateras, who sees his ...
BEIJING--Congestion at container shipping ports in southern China is worsening as authorities step up disinfection measures amid a flare-up in COVID-19 cases, causing the biggest backlog since at ...