Industry updates and concise summaries with links to original sources.
Loading border queues and holidays…
The 5,593 teu HMM Platinum, damaged by fire while sailing from Kattupalli, India, to Santos, Brazil, is seeking a port of refuge in South Africa after salvors were appointed under Lloyd’s Open Form, with cargo interests facing possible general average.
Read summary →Etihad Cargo has restored daily Boeing 787-10 passenger service to Shanghai from 1 October, complementing its seven weekly Boeing 777 freighters and bringing combined weekly cargo capacity from Shanghai to approximately 840 tonnes.
Read summary →At the ninth Global Pharma Logistics Summit in Mumbai on 9 October, panelists discussed shifting pharmaceutical supply chains from cost efficiency to resilience, citing 350 active US drug shortages in 2024 and India's role supplying about 25% of generic medicines globally.
Read summary →Dmitry Boykov, head of the federal state institution Rosgranstroy, together with deputy head Georgy Budaev and acting director of the Vladivostok branch Denis Kvak, visited the Khasan and Turiy Rog checkpoints, where the cargo direction has been completed and work on passenger infrastructure continues.
Read summary →At the ninth Global Pharma Logistics Summit in Mumbai, experts discussed cold chain, airport handling, and supply chain challenges for CAR-T cell therapies in India, including the need for better visibility and accountability.
Read summary →After China's Golden Week, spot container rates from Asia to the US declined, with Shanghai–Los Angeles down 3% week on week to $7,624 per 40ft and Shanghai–New York down 2% to $10,220, according to Drewry's World Container Index.
Read summary →Freight-tech start-up Freightmate has acknowledged acquiring and using confidential Flexport shipping documents, and a settlement approved by a California federal court has ended a trade secrets dispute over data used in AI logistics software.
Read summary →Speaking at Aviation Connect in Athens, CHI Cargo Group CEO Kai Domscheit said artificial intelligence could save roughly eight hours per air cargo shipment.
Read summary →Riyadh's international outbound air cargo capacity has dropped by about a third after attacks on Saudi airports prompted airlines to suspend services, according to Rotate data.
Read summary →The Drewry Intra-Asia Container Index fell 1% to $1,503 per 40ft, ending six weeks of gains, though it remains up 209% year on year.
Read summary →Belgium's CMB.TECH said the 210,000 dwt Mineral Europa has set off on its maiden voyage to Australia, marking the first deployment of an ammonia-powered dry bulk carrier.
Read summary →The containership timecharter market has strengthened in recent months, with liner operators, especially the largest European players, described as scrambling to secure available tonnage; the assessed one-year T/C rate for MSI’s 1,700 teu Grd Non-Eco benchmark rose from $28,800 a day in June to $34,100/day in September.
Read summary →BIMCO said its Documentary Committee approved the Energy Saving Device Retrofit Addendum 2026 to help resolve commercial disputes over payment for energy-saving upgrades when charterers receive much of the benefit.
Read summary →Singapore-listed First Ship Lease Trust has agreed to sell the 2006-built product tanker Speciality to an unrelated buyer.
Read summary →Members of the UK P&I Club and TT Club have approved a merger that would create United Transport Mutual Limited (UTM), a mutual covering shipping, logistics, ports and terminals.
Read summary →Hunter Group’s dispute with an unnamed long-term VLCC charter counterparty has deepened, with unpaid hire approaching $68m after a September payment shortfall.
Read summary →Larine Tankers has reportedly sold its two LR1 product tankers, Bluebird and Starling, to UAE interests for a combined $110m, according to shipbrokers.
Read summary →Diana Shipping has fixed the capesize GP Zafirakis to Classic Maritime at $38,000 per day less a 5% commission, roughly 42% above the $26,800 per day the vessel currently earns under NYK.
Read summary →Cross-border logistics provider ePost Global tripled its processing site near Chicago O'Hare, making it the company's largest US facility for international mail and e-commerce parcels.
Read summary →Lichfield District Council has granted unconditional planning permission for a purpose-built Palletways headquarters in Fradley, Staffordshire, UK, under a partnership with Prologis announced in 2025.
Read summary →