Shanghai is on the verge of surpassing the 50 million TEU mark, maintaining its position at the top of global container port rankings. Nearly all top 10 ports reported growth in the first half of the year. Our long-time member, FS International, led by Steven Yuan, shares updates on market prices in Europe, with shipping companies adjusting rates frequently amidst declining demand.

DP World has acquired Hong Kong’s Cargo Services Seafreight, marking its entry into retail logistics and strengthening its tailored services across industries.

MSC subsidiary Medlog has acquired the UK’s largest haulier, Maritime Transport, reshaping the container haulage sector in the country.

CMA CGM Air Cargo has launched its first transpacific freight service, expanding its reach with its third B777-200F aircraft.

Air cargo demand continues to rise, with a 13.6% annual increase in July 2024, according to the latest IATA data.

New Zealand’s rail freight sector saved nearly 230,000 tons of CO2 emissions last year, thanks to businesses shifting from trucks to rail transport.

Russia aims to transform its trade relations with China and India, with a record $240bn in trade between Russia and China in 2023, fueled by Chinese demand for Russian oil.

Bad weather continues to disrupt Indian ports, particularly Mundra Port, as heavy rains cause significant delays and cargo backlogs.

Valenciaport saw a 13.75% increase in trade with Australia in June 2024, further expanding its connections with major Australian ports.

E-sail technology is making waves in reducing emissions, as "Eems Traveller" is set to showcase its wind-assisted propulsion system at the SMM 2024 in Hamburg.

The RGM in Vienna from 16-18 October is quickly approaching, with 50 delegates from 33 countries already registered. Late registration is still open!

X (formerly Twitter) has closed its office in Brazil after a judge ordered account suspensions or faced legal consequences.

Indonesia celebrated Independence Day for the first time in its new capital, Nusantara.