MSC's "Antonia" becomes the first MSC container ship to transit the Bab el-Mandeb Strait in 18 months, signaling a potential cautious return to Red Sea routes despite ongoing GPS interference risks.

New US-Vietnam deal imposes 20% tariff on Vietnamese exports and 40% on transshipped goods, effective immediately. Nike, Gap suppliers face cost surges as July 9 tariff deadline looms.

Major carriers announce July rate increases: CMA adds $250/TEU PSS to Durban, HPL hikes South America rates by 24%, and MSC's Asia-Europe FAK jumps 10%. Effective dates vary by trade lane.

Yantian Port's blockchain platform completes China's first paperless B/L exchange for COSCO's Hong Kong feeder service, cutting processing time from 2 days to 10 minutes with end-to-end encryption.

WSC reports 576 containers lost at sea in 2024 - a 161% spike from 2023. 35% attributed to Cape of Good Hope detours avoiding Red Sea conflicts, with severe weather and fires compounding risks.

GPS interference in the Strait of Hormuz has reduced ship traffic by 20% and caused freight rates to surge, despite Israel-Iran ceasefire. 970 vessels daily face navigation risks in this critical oil chokepoint.

Vietnam's textile industry saw profits spike 300% as factories rushed orders ahead of US tariffs, but now faces a cliff—August bookings have plummeted as buyers await final tariff decisions, with potential 70% order losses looming.

Yang Ming forecasts a "positive trend" for Q3 shipping volumes and rates as US-China tariff pressures ease, but warns of uncertainty due to Iran-Israel tensions and potential Red Sea route reopening.

CMA CGM’s "Osiris" became the first mega-ship to transit the Suez Canal since 2023, benefiting from a 15% toll discount. This move signals a potential return to Red Sea routes, which could cut Asia-Europe transit times by 10-14 days and stabilize soaring freight rates.

Maersk suspends Haifa port calls amid Israel-Iran conflict, halting cargo bookings. Middle East container rates spike 55% to $2,761/FEU as war risks escalate—analysts warn of prolonged disruptions.