MSC suspends two US services, rejigs others as tariffs hit Chinese imports

Mediterranean Shipping Co. has halted two services from China to the US and revamped other container services to the East and Gulf coasts as the Trump administration...

Emirates Shipping Line, Wan Hai to commence joint India-East Med service

Emirates Shipping Line and Wan Hai Lines will launch their new joint service, the India-East Mediterranean 2 (IM2) Service, on 1 June 2025, aiming to strengthen trad...

Red Sea Ceasefire Deal Sparks Concerns Over Potential Freight Rate Collapse

A recent ceasefire agreement between the U.S. and Yemen’s Houthi militia has raised questions about the potential impact on global shipping rates, with industr...