Port Houston’s March container activity marked a rebound after a fog-impacted February. Container volumes reached 386,864 twenty-foot equivalent units (TEUs) for the month, a 7% increase compared to March 2023 and the busiest March on record. Year-to-date container volumes at Port Houston’s public terminals surpassed 1 million TEUs, reaching 1,068,695 and essentially flat compared to… Read More
President Trump signed an executive order on April 9 launching a Maritime Action Plan aimed at revitalizing and rebuilding the U.S. maritime sector (Reuters, subscription). The order stops short of imposing new port fees on Chinese-built vessels—for now. Why it matters: Though the executive order does not impose fees, pending further actions under the U.S. Trade… Read More
French shipping and logistics giant CMA CGM has agreed to buy a 35% stake in Egypt’s October Dry Port (ODP). Officially launched in November 2023, ODP is Egypt’s first dry port and the first public-private partnership project in the Egyptian transport sector under the EBRD Green Cities program. It was developed, built, and operated by… Read More
Defence ministry asked to take action against ‘two naval officers working on deputation’ at KPT • Ministry of Maritime Affairs to take action against ex-KPT chairman Sayadian Zaidi, GM Raghibul Khair • PM orders KPT board to invite bids afresh for multibillion-rupee maintenance dredging contract KARACHI: Prime Minister Shehbaz Sharif has ordered strict action against… Read More
Container ships, the workhorses of global trade transporting almost 90% of the world’s manufactured goods, have become a target in Donald Trump’s conflict with China — and none of the major carriers stand to escape the extra costs. Trump wants to punish operators of Chinese ships in order to help stimulate the creation of a US shipbuilding industry…. Read More
