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Ports and logistics news: port congestion, terminal operations, canal traffic and the supply chains moving global trade.
DP World has delivered three new mobile harbour cranes to Syria’s Port of Tartous, an early milestone in its $800 million, 30-year concession to modernize the facility.
South Korean shipper SK Gas paid a record $5.3 million in a Panama Canal Authority auction to secure a September 1 transit slot for its LPG tanker G. Spirit, breaking a record set just two weeks earlier.
Argentina’s maritime pilots ended their strike over Decree 690/2026 after accepting a 20% rate cut in exchange for the decree’s suspension.
Typhoon Saudel triggered port closures in Shanghai and Ningbo as global containership congestion hit a record 4.31 million TEU.
Ver.di’s 24-hour warning strikes hit Hamburg, Bremerhaven and Wilhelmshaven in mid-August, disrupting more than a dozen German port companies.
Shanghai-to-New York spot rates rose 10% to $8,706 per 40ft box this week, even as Asia-Europe rates ease and Drewry’s overall index slips 1%.
The Panama Canal Authority will cut daily transits from 36 to 34 on September 3, and to 32 by September 15, citing insufficient watershed rainfall.
New megaprojects in India and a fast-expanding Colombo terminal are reshaping South Asia’s port map as India buys into Sri Lanka’s largest shipyard.
A new BIMCO-ICS workforce report finds the world merchant fleet short nearly 40,000 certified officers in 2026, even as crew abandonment cases persist.
All 36 major US ports are running at full capacity as the ILA-USMX master contract, running through 2030, keeps East and Gulf Coast terminals stable.
