International Ports
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Unrest in the Red Sea: Houthi Strikes and International Political Shifts
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Amidst escalating tensions in the Red Sea, another Houthi missile strike has targeted a bulk vessel. The rebels boasted of the attack’s precision, claiming ...

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The Port of Chancay, Under Construction in Peru, Hopes to Be a Game-Changer for Asia Trade
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A massive port is under construction in the city of Chancay, located close to Lima, the capital of Peru. The port aims to enhance South America’s trade ...

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The Current Situation in the Panama Canal: What Should Exporters and Importers Expect?
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During the most severe drought period in the history of the Panama Canal, we are watching the weather forecast closely. Even if rains are ...

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Iran’s Shocking Seizure of MSC Aries Rocks Strait of Hormuz
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The latest incident in the long-running Middle East crisis occurred this past weekend and involved major shipper MSC and threatens to escalate shipping ...

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Why This Year’s Contract Negotiation Season is Different for Transpacific Eastbound Traffic
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In Transpacific Eastbound traffic, we are experiencing an unusual period. Traditionally, up until now, rates for the next contract season, which usually ...

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How Red Sea Security Issues are Affecting Insurance Risks for Commercial Ships
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The security problem faced by commercial ships in the Red Sea is causing companies to increase their insurance risks. With recent Yemen-based Houthi rebels ...

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A Real-World Example of Wind Power in Shipping Comes to Fruition
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For the first time, there is real-world data that shows that wind power could be a viable source of energy to power container ships in the near future. ...

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