On August 9th, a vessel carrying hazardous materials exploded at the Beilun Phase III Terminal in Ningbo port, halting traffic at one of China’s busiest shipping hubs. As the world’s second-largest container port, Ningbo handles over 100,000 TEUs annually, making this incident potentially disruptive to global shipping.
Conflict Is Growing Airfreight
Businesses and shippers are seeing no end to the Gaza war and are seeing an impact on cargo movement.
Israel Conflict Affecting Shipping
International freight exporters and exporters may have to take caution soon with the Israel conflict affecting shipping in various ways.