News
Container market volatile in Q1 as route disruptions persist
1+ week, 4+ hour ago (297+ words) Freight rates remained stable in January due to constrained vessel availability and low idling. In February, weaker demand led to lower rates as export volumes declined. In March, disruptions to shipping routes and reduced capacity availability created operational pressure, while…...
"Gulf halt and shipping chaos hit India's grape exports, 400 weekly containers in limbo
3+ week, 6+ day ago (370+ words) Fresh Plaza India's grape exporters are grappling with serious challenges from the Middle East conflict, as Gulf shipments grind to a halt and shipping routes turn chaotic, explains Rajendra Pandit Deore of Shree Krishna IMPEX Ventures "A major chunk of…...
Philippines launches US$800 million South Luzon container terminal
4+ week, 23+ hour ago (294+ words) International Container Terminal Services Inc. (ICTSI) has launched the South Luzon Container Terminal (SLCT) as construction progresses on what will be the Philippines' second-largest terminal. The US$800 million terminal, located about 110 kilometers south of Manila within the Bauan International Port…...
Container delays, rising freight complicate Thai longan imports into India
1+ mon, 2+ day ago (242+ words) Fresh Plaza Indian quick commerce platforms and general trade now show steady demand for exotic fruits like Thai longans, but tight shelf life and logistics hurdles make container imports a calculated risk, says Ashok Vardhan of CNAV Varadhi Imports and…...
CMA CGM revenue declines to US$54. 4 billion in 2025
1+ mon, 5+ day ago (437+ words) CMA CGM reported revenue of US$54. 4 billion for the 2025 financial year, down 2. 0% compared with 2024, mainly due to lower revenue from container shipping activities. EBITDA reached US$10. 6 billion, with an EBITDA margin of 19. 4%, down 4. 8 percentage points compared with the previous year....
Middle East shipping disruptions delay almond shipments to the UAE
1+ mon, 1+ week ago (332+ words) Market participants report that almond shipments to the United Arab Emirates are facing execution challenges as shipping disruptions across the Middle East intensify. Sellers and traders say carriers have begun withdrawing from previously accepted business, issuing booking cancellations, and adjusting…...
"Shipping costs have also risen sharply, surcharges and discharging goods at closest ports are a wildcard"
1+ mon, 1+ week ago (189+ words) Fresh Plaza The Egyptian citrus season started late this year, according to the instructions of the Agricultural Export Council The first export day was December 15, 2025, which contributed to a significant decrease in local selling prices Navel oranges are traditionally the…...
Maersk prepares backup bid for Israel's Zim if Hapag-Lloyd deal fails
1+ mon, 1+ week ago (468+ words) German carrier Hapag-Lloyd and private equity fund FIMI are preparing to complete the US$4. 2 billion acquisition of Israeli shipping company Zim, signed last month, and to delist the company from trading. The deal is still subject to regulatory review. Industry…...
Middle East crisis: Longer sea routes and risks for Italian fruit and vegetable exports
1+ mon, 1+ week ago (343+ words) Fresh Plaza The current geopolitical situation in the Middle East, with the closure of the Strait of Hormuz and the suspension of several carriers in the Red Sea, is leading to critical consequences and uncertain situations also for Italian fruit…...
Shipping rates from U. S. to Middle East spike
1+ mon, 1+ week ago (274+ words) New shipments of nuts and dates from the U. S. to the Middle East have largely stopped due to the war with Iran that began on Saturday. "Sunday morning, we were told about the shelter in place order in the Middle East…...