Two months after the conflict erupted at the Strait of Hormuz, the global liquid bulk shipping market is witnessing a […]
Category: News
China Launches World’s Largest Electric Container Ship: A Decarbonization Milestone for the Maritime Industry
Marking a historic milestone in maritime decarbonization efforts, China has officially commenced commercial operations of its 10,000-ton-class pure electric smart […]
Hapag-Lloyd Implements New Emergency Surcharge on Southern Europe Feeder Routes Amid Cost Pressures
Ocean carrier Hapag-Lloyd has officially announced the implementation of an Emergency Operations Charge (EOO/EOD) for feeder services across Southern Europe […]
Ocean Freight Surcharges Soar Amid Hormuz Crisis: Massive Pressure on Contract Negotiation Season
The blockade of the Strait of Hormuz is driving up crude oil prices, forcing shipping lines to universally apply emergency […]
CMA CGM Announces FAK Rate Increase on the Asia-Mediterranean Trade Lane Starting May 2026
CMA CGM has announced the implementation of new Freight All Kinds (FAK) rates from Asian ports to the Mediterranean region, […]
MSC Sets a Historic Record, Reaching the 1,000-Vessel Milestone
Surpassing all boundaries in the global shipping market, MSC has just set a record by becoming the first ocean carrier […]
Air Freight Supply Chain Disruptions Send Gulf Food Prices Soaring
The ongoing disruption of air freight chains in the Middle East is exposing the fragility of the food supply systems […]
Evergreen Invests $3 Billion to Expand Megamax Fleet
Evergreen Marine has officially finalized a $3 billion contract to build 11 new dual-fuel Megamax container ships (24,000 TEU) in […]
Hormuz Crisis Day 46: Naval Blockade and Backchannel Diplomacy
[Advantage Logistics] The crisis at the Strait of Hormuz has entered its 46th day as the US naval blockade targeting […]
Strait of Hormuz Maritime Routes Remain Restricted Despite Ceasefire Agreement
[Advantage Logistics] Maritime traffic through the Strait of Hormuz remains practically restricted. Major container lines continue to avoid routing through […]