In June, it was reported that the U.K. government was withholding the approval of a $253 million loan guarantee promised in order to shore up the shipbuilder's finances.

The current agreement, which covers about 45,000 dockworkers at facilities including six of the 10 busiest US ports, expires September 30.

The dispute dates back to the opening of the terminal in 2021, when SC Ports attempted to use non-union state employees as crane operators.

China’s Cosco Shipping has been building the Chancay port near Lima expecting to be its exclusive operator when it opens in November.

Supply chain visibility platform Project 44 estimates that passages through the Suez Canal dipped by 80% between May 2023 and May 2024.

U.S. and U.K. bombing campaigns have failed to stop the attacks, and have instead led to vessels associated with the two countries being targeted more often.

Yemen’s Houthi militants managed to strike the MV Tutor with a seaborne drone, killing one crew member and injuring others.

Kearney's annual State of Logistics report estimates that sea level rise and inland flooding could cost the logistics industry billions annually by 2050.

The new port will use AI systems will also analyze traffic data to plan ship movements and automate logistics.