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Suez Canal Offers 15% Fee Discount for Large Container Ships Amid Eased Security Concerns

Suez Canal Offers 15% Transit Fee Discount for Large Container Ships to Boost Trade Amid Security EasingEgypt’s Suez Canal will of

15-May-2025

U.S.-China Tariff Truce Revives Shipping Market and Sparks Optimism Ahead of Peak Season

U.S.-China Tariff Truce Revives Shipping Market and Sparks Optimism Ahead of Peak SeasonAfter a period of trade tension, a new agr

15-May-2025

MSC Antonia Grounds in Red Sea Amid Rising Concerns Over GPS Signal Disruption

The container ship MSC Antonia (85,760 DWT) has been grounded in the Red Sea for several days, and growing uncertainty surrounds t

15-May-2025

Tariff Relief Triggers Surge in Shipping Demand and Spot Freight Rates

Tariff Relief Agreement to Drive Up Freight Rates as Shippers Rush to Meet 90-Day Grace PeriodIn recent weeks, the rapid escalatio

14-May-2025

Maersk Sana Still Adrift After Engine Room Explosion; Ocean Tow on the Way

Maersk has confirmed that the Maersk Sana remains adrift, with a tugboat from Europe expected to arrive “in the coming days.”On Ap

14-May-2025

U.S. and China Slash Tariffs Amid 90-Day Trade Pause, Market Eyes Uncertain Future

Starting Wednesday, the U.S. will impose only a 10% tariff on Chinese products, along with a 20% tariff specifically on fentanyl.

14-May-2025

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