BIMCO said that, so far in February, the number of ships transiting through the Gulf of Aden and the Suez Canal is 50% and 37% lower than last year respectively.

In March 2023, an FMC judge ruled in favor of charges filed against OCEMA and 11 international ocean carriers claiming they violated the Shipping Act of 1984.

The Liberian-flagged KMAX Leader bulk carrier is being towed back to the Philippines after arriving at the Port of Gladstone in October 2023 and remaining there for five months.

The order will give the Coast Guard authority to respond to malicious cyberactivity, require maritime vessels to bolster their cybersecurity and impose new rules on reporting cyber incidents at ports.

An investigator said in an email to Tri State Intermodal that the FMC was reviewing information and documents provided by truckers.

The EU announced February 19 that it plans to begin its own naval missions to protect shippers passing through the Red Sea.

January also marked the sixth straight month of year-over-year gains for the Port of Los Angeles, surpassing January 2023’s totals by 18%.

An industry expert from a Californian freight forwarding company said they anticipate organizations will have to deal with equipment shortages due to vessels being rerouted away from the Red Sea.

Military ships in the region have been attempting to thwart missile strikes on merchant vessels over the past few weeks, but the Houthis have continued their attacks.

The record pay rise came as DP World imposed its biggest hikes yet to terminal access charges.