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Iran Claims Destruction of Two US Drones in Hormozgan - VIDEO

Iran's Islamic Revolutionary Guard Corps (IRGC) has claimed that it destroyed two US-made Lucas drones near the port of Bandar Khamir in Hormozgan Province.

Vote opens on controversial Port of LA workforce disclosure rules

Californians head for the polls today to decide on Charter Amendment PRT – a package of changes affecting Los Angeles’s airports, harbour, and Department of Water and Power, including new workforce disclosure requirements for leases at the port. The measure would require applicants for certain new Harbor Department le…

Major liners set to resume all Asia-Europe services through Suez

All the mainline operators look set to resume Suez Canal transits for their Asia-North Europe and Asia-Mediterranean services. Taiwan’s Evergreen will join its Ocean Alliance partners in doing just that this week, while Yang Ming and South Korea’s HMM will join their Premier Alliance partners restarting Suez crossings…

M&A down under: follow the money to see who hits the target

Bread-and-butter deal-making, typically in the $250m-$1bn range, is surging. As you may have noticed Yesterday, DeskOne highlighted another M&A trifecta coming our way, right after ‘Merger Week Delight: Scan + OIA; Boluda + Samskip; Contship + Tarros‘, from a few days ago. And the deal struck down under by US-based AI…

Fears a strike at San Pedro Bay ports could worsen congestion

Concern is rising among cargo owners and logistics providers that a strike at the Los Angeles/Long Beach port complex could turbo-charge the congestion there. About 250 watchmen, who perform security-related duties at container terminals at the twin ports, are poised to walk off the job at 5pm Pacific time on Wednesda…

Labour protests in Bangladesh garment sector threaten export deadlines

Bangladesh’s garment shippers face missed sailings and mounting pressure on delivery schedules as labour protests halt production and disrupt cargo movements to Chittagong port. Production was suspended at around 690 garment factories today, according to the latest information from Bangladesh, while roadblocks hampere…

Capital vs resilience – the intractable problem of port congestion

This week the great and the good of the port industry will meet in London when the International Association of Ports and Harbours convenes its annual gathering. With the IAPH’s membership mostly comprised of the world’s port authorities, high on the agenda will be how to solve the persistently high levels of congesti…

Ocean disruption offers no easy windfall for airfreight, warns DSV

Disruption to ocean shipping is not triggering a large-scale switch to airfreight – the cost of emergency lift is keeping most shippers at sea, according to DSV. Speaking at TIACA’s Air Cargo Forum in Miami last week, head of global airfreight Achim Martinka said such decisions depended on whether the business impact …

Cosco: Shipping vs Ports – same parent, not quite siblings

Delve straight into the numbers. In a nutshell: Chinese state-owned container line Cosco Shipping Holdings; (CSH) profit rose a whopping 81% in the third quarter as port congestion and long reroutes tied up ships and lifted freight rates, while Cosco Shipping Ports, the terminal operator it controls, reported flat pro…

JB Hunt faces data breach lawsuits as hackers claim haul of carrier records

Companies that have faced a cyber attack are now increasingly likely to face lawsuits too, from customers or staff over any breach of data security. JB Hunt is the latest: it is facing four proposed class actions, after a cybercrime group claimed to have taken employee information and millions of business records from…

Poor new year liner schedule reliability only improves as summer arrives

Global schedule reliability has become more seasonal, while weekly liner service deployments have grown increasingly volatile since the pandemic, according to new analysis by Sea-Intelligence. Drawing on its Global Liner Performance database, which tracks monthly vessel arrivals from July 2011 to September 2026, the c…

SLOSCO – Sierra Leone’s latest Chinese shipping venture

After two ambitious Chinese-backed infrastructure projects were abandoned or stalled, Sierra Leone is turning to another Chinese partner to develop a “national” shipping industry. The financing model has changed, but familiar questions remain. On 19 October, Sierra Leone inaugurated its new national shipping company, …

AIT Worldwide acquires Australia’s Connor Anderson

PRESS RELEASE Nov 1, 2026 11:01 PM Eastern Standard Time AIT Worldwide Logistics Expands Global Footprint to Oceania with Acquisition of Australia-Based Forwarder Connor Anderson International Strategic investment increases AIT’s geographic reach, high-tech logistics support capabilities ITASCA, Ill.–(BUSINESS WIRE)–S…

Somali Pirates Seize Iranian Fishing Vessel With 23 People Aboard

Somali pirates have seized an Iranian fishing vessel, the Azini, with 23 people aboard, raising concerns about possible attacks on commercial shipping in the region.

Oil Poised for Fourth Monthly Gain Amid Hormuz Supply Risks

Oil prices rose on Friday, putting them on track for a fourth consecutive monthly gain as traders anticipated a possible escalation in the US-Iran conflict following the US midterm elections. An attack on a tanker in the Strait of Hormuz has further underscored the risks to global supplies posed by the war.

Newbuildings head for Asia-Latin America trades as volumes boom

Deliveries in the past week have been primarily deployed to services between the Far East and Latin America, highlighting growing volumes on these trades. Alphaliner noted that Imabari Shipbuilding completed the 13,932 teu ONE Symphony that will be deployed on ONE’s Asia-WCSA AX3 service the pan-Japanese carrier runs …

Carriers’ November rate hikes ‘doomed’ say analysts, as demand goes flat

Container spot freight rates on the transpacific eastbound trade, as recorded by Drewry, saw its steepest one-week fall since June 2025 after this year’s protracted peak season came to an end. Drewry’s World Container Index (WCI) saw the spot rate on its Shanghai-Los Angeles decline 6% week on week, to end at $7,514 p…

LA/LB port complex braces for potential strike as labour contract expires

The US ports of Los Angeles and Long Beach face potential disruption from Sunday, as around 250 security workers, represented by the International Longshore and Warehouse Union (ILWU) Local 26, prepare for strike action amid the ongoing labour dispute. The latest labour contract extension will expire at 5pm Pacific Ti…

Russia Turns to Arctic Route to Export Grain Amid Black Sea Disruptions

Russia, the world’s largest wheat exporter, has turned to an Arctic shipping route used during World War II to export grain for the first time, as the conflict in Ukraine disrupts Black Sea trade.

Jade Pacific Line the latest ‘new kid’ on the Asian short-haul block

Intra-Asia and Middle East short-haul trades are seen to be the most sought-after launch pad or entry point for aspiring container shipping entrepreneurs, as the industry becomes more competitive and challenging in an environment of ever-growing trade volatility. The ‘newest kid on the block’ is Jade Pacific Line (JPL…

Boluda to acquire Samskip: ‘a combination to lead European shortsea shipping’

Boluda Shipping is to acquire Samskip, yet another sign of consolidation in the shortsea shipping scene, the deal intended to create a network spanning Northern Europe, the Iberian Peninsula, Canary Islands and West Africa. Subject to regulatory approval, the deal is expected to complete on New Year’s Day, with the co…

Pakistan, Turkmenistan discuss transit trade deal and transport corridors

Bosphorus Shipping Resumes After Cargo Ship Engine Failure

Ship traffic through Bosphorus Strait in Türkiye's Istanbul city has resumed after a technical failure aboard the cargo vessel Alisuvar Mammadov was resolved.

Under-pressure UK transport and logistics firms “dodge Budget bullet”

UK logistics groups welcomed the decision in today’s new budget to maintain a 5p-per-litre fuel duty cut and avoid planned increases, and ensuring warehouse rates do not rise, but there have also been warnings that businesses continue to face significant cost pressures. In his first budget as chancellor – and first fo…

Tokayev Highlights Kazakhstan’s opportunity to Become Eurasian Logistics Hub

Kazakhstan has a historic opportunity to become a leading logistics hub in Eurasia as vulnerabilities in maritime routes increase the strategic importance of land corridors, President Kassym-Jomart Tokayev said Wednesday.

Express faces growing divide between volume growth and profitable growth

The global express and parcels market grew 5.8% in 2025, to €577.3bn ($642.6bn), but mounting pricing pressure, shifting trade flows and intensifying competition are creating a growing challenge for carriers seeking to turn higher volumes into profits. The recent Global Express & Parcels 2026 report by Transport Intel…

Поддержка от Champi не изменит рыночный тренд

Тайфун Champi и затянувшаяся перегруженность крупных портов Юго-Восточной и Южной Азии временно поддерживают ставки на контейнерные перевозки и задерживают некоторые суда до трёх дней. Однако это вряд ли изменит нисходящую динамику рынка из-за избыточных мощностей и ценовой конкуренции.

Shipping $ Series: акционеры SITC ожидают крупной выплаты

Гонконгский перевозчик SITC, работающий внутри Азии, на прошлой неделе одобрил специальные дивиденды на сумму около 2,7 млрд гонконгских долларов (344 млн долларов США), по 1 гонконгскому доллару на акцию. Цена акций за последние дни достигла рекордных значений.

Один поставщик, 38 целей? Киберцепочка поставок в судоходстве в центре внимания

Группа вымогателей «n0n» назвала 38 морских и логистических организаций. Исследователи видят признаки общего источника данных, связанного с CyberLogitec, но это не доказывает взлом поставщика или всех названных компаний.

США снова откладывают портовые сборы для китайских судов — до 9 января

Управление торгового представителя США (USTR) попросило продлить приостановку планируемых портовых сборов для судов, связанных с Китаем, до 9 января; первоначальная приостановка истекала 9 ноября. Цель — дать время на переговоры между Вашингтоном и Пекином.