More Than 60 Shipping Containers Fall off Cargo Ship
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China Cosco Shipping is embarking on a multibillion-dollar newbuilding order spree that would expand its enormous orderbook, already worth more than $18bn. Several shipbuilding players said the shipping giant, which has almost 180 newbuildings of various ship types on order, has reserved more than 100 berths at domestic shipyards.
Concurrently, U.S. courts challenged the legality of President Trump’s sweeping tariffs, ruling that they exceeded executive authority.
China's customs agency reports that the country's exports grew last month, but at a slower pace than in recent months.
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The Chinese-built Colombo International Container Terminals (CICT), which opened for business in 2014, has made significant gains in container handling last year surpassing 1.5 million TEUs, according to local media. The Terminal has set a record in 2015 ...
Container liners are starting to sever shipping routes that link the U.S. and China across the Pacific, as President Donald Trump’s trade war upends the industry and forces the two largest economies apart. Among signs of disruption are plunging fees ...
Freight Right Global Logistics reports container shipping rates surged by $800-$900 amid U.S. tariff tensions and aggressive carrier pricing strategies.