Geopolitical and meteorological events are continuing to reshape global container shipping trading patterns as vessels look for alternatives to all water routes via the Suez and Panama Canals.

The US is launching a multi-national security initiative – Operation Prosperity Guardian – to protect shipping in the Red Sea and the Gulf of Aden from attacks by Houthi militia.

The investment will cover expansion and modernisation projects in the port of Santos to increase annual throughput.

NASDAQ-listed Star Bulk Carriers Corp. and NYSE-listed Eagle Bulk Shipping Inc. have announced they will merge and create the world’s largest dry bulk shipping company.

APM Terminals Callao has commenced the $95 million expansion works on stage 3A of the Multipurpose North Terminal Modernisation Project in the Port of Callao.

Brazil Terminal Portuário (BTP), a container terminal based in the Port of Santos, has received approval for the renewal of its lease contract for 20 years.

China’s Hudong-Zhonghau Shipbuilding, a subsidiary of CSSC, has delivered the CMA CGM Bahia on December 7 as the shipyard looks to solidify its leadership in building LNG-fueled containerships.

A crisis in the international salvage response system could leave the maritime industry exposed without the possibility of dealing with certain types of casualties.

The ports of Singapore, Los Angeles and Long Beach have set out for their green and digital shipping corridor (GDSC) across the Pacific at COP28.

China’s largest shipbuilding group CSSC has signed a slew of huge contracts for up to 34 newbuildings, including 10 car carriers for Seaspan and Hyundai Glovis, at Marintec China.