The maritime industry is facing a growing concern as the number of vessels hit by sanctions has exceeded 1,000, with over 800 of these ships lacking confirmed insurance. Data from S&P Global Market Intelligence indicates that the average age of sanctioned ships is 21...

WiseTech Global, a leading developer of logistics execution software, has recently announced an agreement to acquire ImpexDocs, a prominent provider of Global Trade Management (GTM) solutions. These solutions are specifically designed to centralize, digitize, and streamline international trade workflows for businesses operating in the...

Container flows through U.S. ports are anticipated to finish strong, with significant end-of-year gains indicating a promising outlook for 2024. The surge in traffic is driven by shippers stockpiling imports to navigate potential labor disputes and impending tariff threats in the upcoming year, as...

As Americans cast their votes in the 2024 presidential election, the outcome promises significant implications for global trade and the shipping industry, affecting everything from container routes and tanker regulations to decarbonization efforts. With U.S. candidates Trump and Harris both championing populist policies, the...

Canada’s port operations are integral to its economy, providing vital trade links across the Pacific and Atlantic Oceans. Recently, labor disputes have disrupted these essential channels, with ongoing negotiations and strike threats intensifying at both the Port of British Columbia and the Port of...

Maersk, a global leader in shipping and logistics, has announced an updated Peak Season Surcharge (PSS) for shipments heading to the United States and Canada. The revised charges, which will come into effect in November, aim to address the increased demand for container space...