The Panama Canal has announced temporary changes to its Neopanamax Transit Reservation System, providing shipping companies with greater flexibility in securing transit slots. The new rules take effect on 30 August 2026 for booking dates beginning 13 September 2026. The Panama Canal Authority said the measures aim to improve access to available capacity while supporting […]
DisruptionOcean
Two merchant ships damaged in separate attacks around the Black Sea washed up on Turkey’s coast on Sunday. The Hong Kong-flagged chemical/products tanker Golden Sapling grounded at Geyikkoşan in Samsun province after drifting unmanned for several days. Turkish agency DHA reported the 19,455 dwt tanker had been damaged in a drone attack around 90 nautical …
DisruptionOcean
FESCo has redirected its FESCo Turkey Black Sea Service (FTBS) to St. Petersburg following the sinking of its vessel Yanina in a Ukrainian drone attack. The carrier no longer serves Novorossiysk as a result of the incident. The first sailing is already under way, operating from St. Petersburg to Ambarli and Izmit (Gebze) in Turkey. […]
The fragile lull in the Strait of Hormuz has shattered, with the US and Iran exchanging fire for the first time in more than a month just as a fresh series of attacks on merchant shipping threatens to close down hard-won transit routes. Iran’s Revolutionary Guard claimed on Monday that an unidentified tanker had struck …
Port congestion is doing container shipping an enormous favour, absorbing 2.3m teu of vessel capacity at precisely the moment the industry is preparing for a potentially brutal release of tonnage from both newbuildings and a return to the Suez Canal. New Sea-Intelligence data shows worsening delays have rendered 6.6% of the global containership fleet effectively …
↑Transit time↓Effective fleet capacity↑Container spot rate↓Container equipment availability+3 more
The Panama Canal has temporarily loosened parts of its booking system in an effort to make scarce transit capacity more flexible as deteriorating water conditions continue to squeeze one of the world’s most important maritime chokepoints. From booking dates beginning September 13, neopanamax customers will be allowed to secure more than one reservation for the …
Customers will be able to secure more than one booking slot on the same date, but transit and draught restrictions remain in place
Tensions are high the Strait of Hormuz as Iran continues hitting tankers and the US launches attacks for first time in over a month
By Florence Tan SINGAPORE, Aug 31 (Reuters) – The number of visible commodity vessels transiting the Strait of Hormuz dropped to five per day over the weekend,shipping data showed on Monday, as companies...
National Resistance Forces, fighting for the Internationally Recognized Government (IRG) in Yemen, destroyed a Tufan-1 unmanned attack boat at a Houth...
↑Transit time↑War-risk insurance premium↑Container spot rate↓Effective fleet capacity
The Panama Canal is temporarily relaxing key elements of its Neopanamax booking system, giving shipping companies more flexibility to secure transit slots as the waterway prepares for reduced capacity and...
The Panama Canal Authority announced a series of immediate adjustments to its booking system for Neopanamax vessels, which it says will ensure equitab...
By Nicholas Lua Aug 28, 2026 (Bloomberg) –Growing congestion at the Panama Canal is forcing some gas tankers into unusual journeys, from a rare detour around South America to the possible...
↑Transit time↑Container spot rate↑Rail intermodal volume & dwell↑Truckload spot rate
DisruptionMultimodal
Highway and Motive said in a joint statement that they have reached an agreement to restore the frequency at which Highway can access electronic logging device data belonging to Motive customers when carriers authorize that access, ending a disruption that began earlier after Motive limited the application programming interface connection between the two platforms and […]
Maersk will revise its Intermodal Fuel Fee in Australia and New Zealand from 1 September 2026. The carrier attributed the adjustments to higher global energy prices and the evolving security situation in the Middle East. Maersk noted that approximately 20% of global fuel passes through the Strait of Hormuz. According to the company, current conditions […]
A 30-year lease extension with a key terminal operator clears the way for $200 million in zero-emission cargo equipment investments at the Port of Los Angeles.
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Britain’s ports will need dramatically more electricity over the coming decades to support shore power, vessel charging and alternative fuels, but long waits for grid connections and high energy costs...
DisruptionOcean
Rates have been trending higher since the beginning of August due to the dislocation of carrier services linked to a string of storms that have disrupted operations at key ports in China.
CMA CGM has postponed its $150 per TEU Low Water Surcharge on cargo moving from South America’s west coast through the Panama Canal, where more restrictions on draught and transits are expected.
An active participant in the port’s clean-air initiatives, Yusen has agreed to spend $200 million on zero-emission equipment at its terminal under terms of the lease extension.
The Los Angeles Board of Harbor Commissioners has approved a new 30-year lease with Yusen Terminals at the Port of Los Angeles. The agreement will keep the marine terminal operator at the port through 2056. It will also support an additional US$200 million investment in zero-emission cargo-handling equipment. Yusen Terminals to invest US$200 million Under […]
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Supply chain disruptions are playing an increasing role in global port congestion, absorbing both terminal and vessel capacity as a result
DisruptionMultimodal
Highway notified its customers this week in an email communication, that Motive had imposed new limits on the integration between the two platforms, telling compliance leaders that the electronic logging device provider had begun restricting its application programming interface connection and had indicated Highway would need to compensate it for access to carrier data. The […]
DisruptionMultimodal
The attack affected global operations, and its full scope is still being determined, the medical device maker said in a securities filing.
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