Pharmaceutical giant Eli Lilly has announced a substantial $3.5 billion investment in a new manufacturing facility. The company plans to construct this state-of-the-art factory in Pennsylvania, specif
by MPV Market Bifurcates Amid Uneven Cargo Demand
The Multi-Purpose Vessel (MPV) market is preparing for a significant structural shift. It will likely evolve into a two-tier system, reflecting the fluctuating nature of project cargo demand. While po
by Maersk Reports Quarterly Loss Amidst Looming Market Oversupply
Global shipping giant Maersk has announced its first quarterly financial loss in two years, marking a significant shift in its recent performance. This development comes even as the carrier’s robust i
by India Establishes National Container Shipping Line with State Consortium
India is moving forward with an ambitious plan to launch a significant national container shipping line, to be named the Bharat Container Shipping Line. This strategic initiative aims to bolster the n
by NY-NJ Port Adjusts Workforce Amidst New Absentee Policy
The Port of New York and New Jersey has initiated its first job reductions among longshore workers, a direct consequence of a newly enforced, stricter absentee policy. Marine terminals are implementin
by Update: 4 ways shippers can succeed in a post-de minimis world
Title: Strategic Approaches to Managing Product Import Costs
Update: 4 ways shippers can succeed in a post-de minimis world Shippers consistently face pressure to control expenses within their supply
by Brussels Re-engages Washington on Tariff Pact Amid Policy Shift
The European Union is reigniting efforts to advance a framework pact for a tariff deal with the United States. This development follows U.S. President Donald Trump’s decision to rescind his earlier pl