Trendwatch: Port of Oakland July cargo holds steady; Two of Maersk’s Largest Containerships Transit Suez Canal; Panama Canal new capacity cuts put US ports on notice

Two of Maersk’s Largest Containerships Transit Suez Canal

Two of Maersk’s largest containerships made the transit together on Saturday, August 22, through the Suez Canal. It is part of the carrier’s continuing efforts to restore vessels to the Suez Canal – Red Sea corridor and increase the efficiency of operations.

The Suez Canal Authority highlighted the transits as it continues efforts to rebuild operations. It honored the Bangkon Maersk, one of the carrier’s newest large ships, with a special plaque ceremony marking the first transit through the Suez Canal.

Delta and Aeromexico JV to live on

In September last year, the US government’s Department of Transport (DOT) ordered Delta & Aeromexico to dissolve their JV by 1 January this year because it said Mexico had not been complying with the Agreement.

However, following a lengthy review of the legality of the DOT’s order to terminate the approval of the JV, last week the 11th Circuit Court of Appeals overturned the the DOT’s order, meaning the JV can continue operating as intended.

South Korea ship to test Arctic commercial route amid Western concerns

A South Korean container ship sets sail on Saturday for Europe via the Arctic in the nation's first commercial voyage on the route to test its viability, with the hope of turning the southeastern port of Busan into a global maritime hub.

The PanStar Acro will sail north, hugging eastern Russia's Kamchatka peninsula, cross the Bering Sea, and take the Northern Sea Route, stopping in Felixstowe in Britain, Rotterdam in the Netherlands and Poland's Gdansk before returning on a journey expected to take 40 to 45 days.

Trade War With U.S. Could Slow Canada’s Economy in 2027

While an ongoing trade war with the United States isn't expected to cause an outright recession in Canada, Oxford Economics warns that the dispute could still weigh heavily on the country's economy in the months to come.

A briefing released by Oxford Economics on August 24 predicts that the combination of U.S. tariffs and retaliatory Canadian levies could shave up to 0.3% off of Canada's expected GDP growth in 2027. Quebec, New Brunswick and Ontario would be the country's hardest-hit provinces, given their high concentration of facilities that manufacture goods threatened by tariffs, and their reliance on U.S. exports.

Trendwatch: Port of Oakland July cargo holds steady; Two of Maersk’s Largest Containerships Transit Suez Canal; Panama Canal new capacity cuts put US ports on notice

Port of Oakland July cargo holds steady

Two of Maersk’s Largest Containerships Transit Suez Canal

Panama Canal new capacity cuts put US ports on notice

Delta and Aeromexico JV to live on

South Korea ship to test Arctic commercial route amid Western concerns

IMO warns piracy surge leaves more than 90 seafarers captive

Trade War With U.S. Could Slow Canada’s Economy in 2027

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