The International Union of Marine Insurance (IUMI) and the Transported Asset Protection Association (TAPA) EMEA are calling attention to the escalating levels of cargo theft and freight fraud worldwide. Steep increases have been registered across Europe, the Americas, and Africa. Regions such as Latin America and parts of Africa continue to experience severe and often
Gemini Cooperation partners, Hapag-Lloyd and Maersk, have announced revised routing for one of their joint services through the Suez Canal, marking progress toward the resumption of commercial shipping through the Red Sea. A recent Hapag-Lloyd advisory noted that the shared service linking India, the Middle East, and the Mediterranean will begin mid-February 2026. The communication
The International Monetary Fund’s (IMF) latest World Economic Outlook frames the global economy as “steady”, but industry analysts caution that this characterization hides a more challenging reality for containerized trade. Much of the optimism is based on calculations of higher-valued technology exports which inflates trade figures without reflecting true transport demand. The IMF projects global
Severe winter weather across Europe is causing significant disruption, prompting major carriers to issue industry-wide congestion warnings. Forecasts indicate that another significant winter storm event is likely in the coming week. According to recent advisories from Maersk, persistent storms and heavy snowfall across South-West and Western Europe have led to terminal closures, reduced productivity, and
Carriers are moving to correct a capacity oversupply on major East-West routes, rolling out blank sailings after the anticipated demand ahead of the Lunar New Year failed to come through. According to Drewry, carriers have announced 103 blank sailings out of 704 scheduled departures, representing 15% of planned sailings between February 2nd and March 8th.
The 27-nation European Union (EU) and India signed a free trade agreement on January 27, 2026, concluding nearly two decades of negotiations. The deal brings together two economies that represent a combined market covering 2 billion people and 25% of global GDP. “The EU and India make history today, deepening the partnership between the world’s
Differing carrier strategies for Red Sea transits are intensifying uncertainty on Asia–Europe trade routes, driving spot rates on major lanes lower for the second straight week, Drewry reports. Some carriers have begun cautiously reintroducing services via the Suez Canal while others are pulling back. According to Drewry’s January 22nd World Container Index update, Drewry noted
Global air cargo demand has started 2026 on a strong note. According to recent WorldACD data, tonnages in the first full week of January were up 5% year on year, with the strongest growth originating from Middle East & South Asia, followed by Asia‑Pacific and North America. Recent reporting from Air Cargo Week highlighted increasing
The Port of Los Angeles (POLA) handled 10.2 million TEUs in 2025, securing its third‑best year on record, and its 26th consecutive year as the busiest U.S. container port. This milestone was highlighted by Executive Director, Gene Seroka, during the Port’s 11th annual State of the Port event. Addressing industry, labor, and community leaders at
Shanghai, Singapore, and Ningbo-Zhoushan have retained their positions as the world’s top three container ports by throughput in 2025. The Port of Shanghai consolidated its position as the world’s busiest container port, handling 55.06 million TEU, a 6.9% year-over-year increase. This marks the port’s 16th consecutive year at the top. Port operator, Shanghai International Port
