Shipping News

Importers are increasingly diverting goods to neighboring West African countries to avoid soaring port charges in Nigeria. Over the past month, multiple government agencies, terminal operators, and shipping companies have raised their fees by nearly 100%, making cargo clearance unaffordable...

Angolan President João Lourenço has inaugurated the first phase of the Barra do Dande Ocean Terminal, a major development in the country’s oil and gas logistics infrastructure. The terminal will bolster Angola’s energy trade and enhance national oil company Sonangol’s...

AD Ports Group (ADX: ADPORTS), a global leader in trade, logistics, and industry, has officially commenced the long-term management and development of a major multipurpose terminal and logistics business in Luanda, Angola. In partnership with Angolan firms Unicargas and Multiparques,...

CMA CGM has confirmed that it will continue to use alternative routes through the Cape of Good Hope for its Asia-Europe trade services to ensure the safety of seafarers and vessels. This decision follows recent developments in the Red Sea...

The recent agreement between Israel and Hamas to pause hostilities has raised hopes that container ships may soon return to the Red Sea. However, the situation remains complex, and a large-scale return of vessels is far from certain, warns Xeneta’s...

The global container ship order book reached a record high of 8.3 million TEUs by the end of 2024, surpassing the previous high of 7.8 million TEUs in 2023. According to the latest BIMCO update, 4.4 million TEUs were ordered...