Recently, it was reported that COSCO Shipping Group has suspended all shipping operations at the Port of Balboa in Panama. According to Panama’s *La Prensa*, the company notified customers on March 10 that it would cease port operations and cancel all confirmed bookings.“It certainly caught us off

Belgium is currently experiencing a wave of nationwide strikes, which have severely disrupted port operations and the transportation system.The action began on March 9, initially launched by the railway sector, and was originally planned to last only three days. However, it quickly escalated, with j

According to the Financial Times on the 11th, citing maritime authorities and shipping companies, the container ship “ONE MAJESTY” operated by Japanese shipping giant Mitsui O.S.K. Lines was attacked while sailing in the Persian Gulf.The vessel, a large container ship, has long operated on Middle

Recently, the ultra-large container ship “OOCL SUNFLOWER” operated by Orient Overseas Container Line (OOCL) encountered extreme weather during its voyage in the North Pacific, resulting in containers falling overboard.According to a report from the National Oceanic and Atmospheric Administration (

On the 6th local time, the U.S. government announced the launch of a maritime reinsurance program. The U.S. International Development Finance Corporation will provide rolling coverage for losses up to $20 billion, focusing on high-risk maritime protection including war risk insurance.This initiative