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With a wage hike of 61.5% over 6 years, ILA want to keep out automation from all key jobs. Will the gambit work?

Maersk Hangzhou was attacked multiple times by Houthis in the Red Sea last week

Iranian-backed Houthi small boats attack merchant vessel and U.S. Navy helicopters in Southern Red Sea

MSC to continue to reroute vessels booked for Suez transit via the Cape of Good Hope

After controlling 35% capacity, the 2M alliance partners will now fight for market share and the same set of customers

Clothing ($82.8mn) & electronic components ($32.3mn) to be impacted by the strike, says Russell Group in its analysis.

Reduction of €500 per container for all imports to France and overseas territories.

"We are appalled by continued mischaracterisation of the industry by U.S. govt representatives"

The World Container Index, however, remains 74% higher than a year ago.

In Singapore and Fujairah, price zoomed to $904/mt and $918/mt, respectively.

Carriers to accept and screen bookings for essential goods such as food, medical equipment and humanitarian goods.