Author: Shipco News Desk

Newsletters

“Severe” Risk in Strait of Hormuz as Strikes Renew

In its latest advisory, the Joint Maritime Information Center (JMIC) has maintained its classification of the maritime threat level in the Strait of Hormuz at “severe”.   The latest flare-up between the U.S. and Iran followed reports that Iran fired on three commercial vessels transiting the Strait of Hormuz on July 6 and 7 during

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Newsletters

Gemini’s Shift to Suez Strengthens Eastern Mediterranean Outlook

Maersk and Hapag-Lloyd plan to gradually resume Suez Canal transits across parts of their Asia–Europe network. The move would reduce reliance on diversions around the Cape of Good Hope, which have increased transit times and operating costs.The change applies to the AE15/SE3 Gemini service linking Asia, the Mediterranean, and Northern Europe. “This joint decision with

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Newsletters

CMA CGM Leadership Signals Goal to Become Second Largest Carrier

CMA CGM is on track to become the world’s second-largest container carrier and will surpass Maersk by 2027, according to analysis from Alphaliner, shared via reporting on the platform X. The French carrier has recorded the fastest fleet growth among the top ten container carriers in the first half of 2026, with an orderbook that

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Newsletters

Asia Mega Hub Connectivity Declines as Carriers Shift to Secondary Gateways

Ocean carriers are moving capacity away from Asia’s largest transshipment hubs and redirecting services toward secondary regional gateways. What began as a response to disruption is now shaping into a permanent adjustment of liner networks. According to Sea-Intelligence’s analysis of the United Nations Conference on Trade and Development’s (UNCTAD) 2026-Q2 Port Liner Shipping Connectivity Index

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Newsletters

Peak Season Volumes and Congestion Push Container Spot Rates Higher

Global ocean shipping spot rates have reached a four-year high, matching levels not seen since the peak of the pandemic in 2022, as reported by Splash247. The latest ocean freight analysis by Freightos indicated that the peak-season rush, and cargo frontloading were the main catalysts driving the current rate spikes. Drewry’s World Container Index, released

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Newsletters

China Connects Inland and Ocean Freight with Fully Electric Corridor

China has launched its first zero-carbon sea–river intermodal shipping route in Zhejiang Province with the fully electric containership, the Ningyuan Dianpeng, reported splash247. The route connects Jiaxing Port and Ningbo-Zhoushan Port, which is busiest port in the world in terms of cargo tonnage. The service went into operation on June 30 and linking inland and coastal

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Press

Shipco Transport Expands Caribbean Presence with New Barbados Office

[Chatham, NJ – July 2, 2026] Shipco Transport, a leading global neutral NVOCC, is proud to announce the opening of a new office in Bridgetown, Barbados. Over the past six years, Shipco has expanded its regional footprint to include Jamaica, Trinidad & Tobago and Puerto Rico, reinforcing its commitment to the Caribbean market. Barbados plays

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Newsletters

Strait of Hormuz Reopening Faces Setback After Containership Strike

Efforts to restore vessel traffic through the Strait of Hormuz have been called into question following an incident involving a container vessel shortly after its passage through the waterway. According to the United Kingdom Maritime Trade Operations, advisory notice 074-26 confirmed that the Singapore-flagged containership Ever Lovely, operated by Evergreen, sustained damage to its bridge

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Newsletters

Ocean Carriers Target July Rate Hikes as Congestion Ties Up 10% of Fleet

Global port congestion is tying up about 10% of the world’s fleet at anchorages. These conditions are expected to support carrier plans for rate increases in July, according to reporting from The Loadstar. Shanghai is experiencing delays of up to five days, while Taiwan is facing both congestion and overbooking, The Loadstar reported. According to

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Newsletters

Carriers Scale Up Capacity on Asia to Mediterranean and Indian Trades

Capacity expansion across key Asia trade lanes continues to accelerate, with both the Far East–Mediterranean and Far East–Subcontinent corridors seeing the deployment of larger vessels and new service enhancements in response to strengthening demand and rates. In the Far East–Mediterranean trade, stronger volumes and firmer freight rates are prompting carriers to shift toward higher-capacity tonnage.

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