The containership orderbook has reached a record 13 million TEU, as carriers continue to vie for market share, according to consultancy Linerlytica. The analyst warned in its Market Pulse report that capacity pressure is building. “Over-capacity will soon catch up with the market with over 5 million TEU scheduled to be delivered in 2028 alone,”
ON May 5, the containership CMA CGM San Antonio was struck by a projectile while attempting to exit the Strait of Hormuz. The International Maritime Organization (IMO) confirmed eight seafarers were injured. In the aftermath, the U.S. military suspended its Project Freedom operation, which had been established to assist and guide commercial vessels stranded in the Persian
Drewry’s latest World Container Index (WCI) fell by 1%, marking its third consecutive weekly decrease. As reported by Drewry, the decrease reflects lower pricing on Asia–Europe, Trans-Pacific and Trans-Atlantic trade routes. “Despite elevated fuel costs and ongoing geopolitical risks, rates remain under sustained downward pressure due to excess capacity and low demand,” noted Drewry. Carriers
With the U.S. Department of Transportation lifting its 2019 ban on commercial passenger and cargo flights between the United States and Venezuela, international airlines are moving rapidly to re-establish air freight connections to the market. According to reporting from Air Cargo News, data from Rotate shows that total international cargo capacity to Venezuela increased by
As naval forces concentrate on escalating security risks in the Middle East, it leaves other areas such as the Somali coast less protected. According to the European Union Naval Force (EUNAVFOR) Operation Atalanta, instability driven by Iran war, continued Houthi attacks, and the crisis in the Strait of Hormuz has placed significant strain on naval
Transits through the Strait of Hormuz are still heavily restricted. Commercial traffic is being affected by both Iranian enforcement and the U.S. naval blockade. As reported by Hellenic Shipping News, this has created an environment described as a “de facto closure”, regardless of official statements about a reopening. The situation has continued to deteriorate in
The Panama Canal is operating with greater stability in 2026. Traffic volumes have increased, as vessel restrictions eased, and water conditions have improved. Between October 2025 and March 2026, the canal recorded over 6,288 vessel transits, with 224 more vessel transits compared with the prior year, as reported by splash247. Consistent rainfall has kept water
The International Maritime Organization (IMO) will hold the 84th session of the Marine Environment Protection Committed in London from April 27 to May 1, 2026. As reported by splash247, the meetings are expected to be a critical step toward finalizing the global climate framework for the maritime industry that will have wide-reaching implications. Discussions will
Since February, jet fuel prices have near doubled as traffic through the Strait of Hormuz remains restricted. According to NPR reporting, the blockage is preventing deliveries of refined fuel from reaching global markets while also cutting off crude supplies to refineries worldwide. This disruption is significantly impacting the world’s three largest fuel exporters: China, South
Vietnam is accelerating its ambition to become a leading maritime and logistics hub. This is supported by both national policy and large‑scale port investments, particularly in the country’s Southern region. Vietnam’s government has approved the National Strategy for the Development of Logistics Services for 2025–2035, with a long-term vision to 2050. It aims to make
