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Zimbabwe Ferry Disaster Leaves 84 Dead and 77 Rescued
Death Toll Rises to 84
The number of people killed when a passenger ferry capsized on Zimbabwe’s Lake Kariba has risen to 84. Police announced...
Iran War Pushes Contract Rates Up 41% and Spot Rates Up 287%
Long-Term Contracts Are Absorbing the Crisis
Almost six months of Middle East supply chain disruption have caused a substantial increase in long-term container freight rates....
US May Order Initial Ships in Three Classes From Foreign Shipyards
Trump Orders Reform of Navy Shipbuilding
US President Donald Trump signed a memorandum on August 13 directing major changes to the construction and repair system...
Brazil Opens Reciprocity Process Over US Tariffs of Up to 37.5%
Brasília Seeks Consultations With Washington
The Brazilian government opened a process on August 13 that could result in reciprocal trade measures against the United States....
Maersk and Hapag-Lloyd: 15 Years of Underinvestment Threaten Cargo Delays
Freight Demand Continues to Grow
Demand for international transportation remains resilient despite the Middle East conflict, changes in US tariff policy and disruption along major...