50+ articles
Chinese officials highlighted the naming ceremony for the new vessel, OOCL Wisdom. The ship is the largest capacity methanol-fueled containership, and...
The chief executive of Maersk, one of the world’s largest shipping companies, said last week that one of its commercial vessels was able to successfully pass through the Strait of Hormuz thanks to a “very well executed mission” by the U. S.
Hapag-Lloyd has launch a podcast with its CEO Rolf Habben Jansen. “Straight Talk” will provide insights into global trade developments, container shipping and key topics that shape the day-to-day decision-making at Hapag-Lloyd.
Image Credits: oocl Orient Overseas Container Line has named its first methanol dual-fuel container vessel, OOCL Wisdom , which is currently the world’s largest ship of its kind. The naming ceremony took place on May 8, 2026, at the shipyard of Nantong COSCO KHI Ship Engineering Co.
A quiet week is ending on an even quieter note. This comes as no real surprise given last week’s May Day holidays   Source: Verband Hamburger und Bremer Schiffsmakler e.
Latest NewsWeak consumer confidence, rising inflation dim peak season hopesUS DOT readies new trucker registration system to help fight fraudDisrupted Middle East-India shipments restart as choked supply chains easeAnnual ‘Roadcheck’ likely to tighten US trucking capacity, boost rates Maersk mulls potential Red Sea ret
Latest NewsWeak consumer confidence, rising inflation dim peak season hopesUS DOT readies new trucker registration system to help fight fraudDisrupted Middle East-India shipments restart as choked supply chains easeAnnual ‘Roadcheck’ likely to tighten US trucking capacity, boost rates Maersk mulls potential Red Sea ret
HD Korea Shipbuilding & Offshore Engineering said on the 8th it signed construction contracts for six container ships and two very large gas carriers (VLGCs). The total order value is 2.
Latest NewsWeak consumer confidence, rising inflation dim peak season hopesUS DOT readies new trucker registration system to help fight fraudDisrupted Middle East-India shipments restart as choked supply chains easeAnnual ‘Roadcheck’ likely to tighten US trucking capacity, boost rates Maersk mulls potential Red Sea ret
DP World-operated Vallarpadam container terminal at India’s Cochin port — developed as the country’s first dedicated transhipment hub — seems to be facing formidable competitive challenges from new entrant Vizhinjam, a deepwater terminal managed by Adani Ports. Transhipment volumes through Vallarpadam in f
Maersk chief executive Vincent Clerc launched the firm’s latest earnings call in the style of a TV anchorman, introducing himself and recently installed chief financial officer Robert Erni as if they were about to tell us today’s news and weather forecast. It was a good news day for ‘canny’ Maersk yesterda
The global container market is entering a new phase of rebalancing, with equipment flows beginning to reverse direction as carriers accelerate repositioning back to Asia. This shift is expected to reduce container availability across Europe in the near term, particularly as demand and pricing signals strengthen at ori
The U.S.-Iran war had created a “new wake-up call” for global trade, Maersk CEO Vincent Clerc told CNBC on Thursday, warning that the impact could worsen in the coming months. Speaking to CNBC’s “Squawk Box Europe” after Maersk posted its first-quarter earnings, Clerc said the…
Key takeaway: The carrier’s challenge to a record $45. 6m reparations award isn’t just about one case – it’s a test of whether the agency’s adjudication system can survive the post-Jarkesy legal landscape.
A new offshore vessel operator has emerged in Brazil following the sale and rebranding of the former Maersk Supply Service business in the country. The operation, previously known as Maersk Supply Service Brazil, will now operate under the name Navvik after being acquired by a consortium formed by ASM Texas Corp and F
You are using an outdated browser For a better experience using this site, please upgrade to a modern web browser. Subscribe Get Daily Email Subscribe --> Contact Us Sign in Home News & Features Compliance Costs Bunker Prices Bunker Intelligence EMEA News Latest Features World Americas EMEA Asia/Pacific Home News
You are using an outdated browser For a better experience using this site, please upgrade to a modern web browser. Subscribe Get Daily Email Subscribe --> Contact Us Sign in Home News & Features Compliance Costs Bunker Prices Bunker Intelligence Asia/Pacific News Latest Features World Americas EMEA Asia/Pacific Ho
You are using an outdated browser For a better experience using this site, please upgrade to a modern web browser. Subscribe Get Daily Email Subscribe --> Contact Us Sign in Home News & Features Compliance Costs Bunker Prices Bunker Intelligence Asia/Pacific News Latest Features World Americas EMEA Asia/Pacific Ho
More than two years after the containership Dali hit Baltimore’s Francis Scott Key Bridge, destroying the roadway, killing six people, and causing mas...
Maersk gave a preview of the pressures the container shipping sector experienced in the first quarter, reporting that it swung to a financial loss in...
Activity remained strong in the newbuilding and S&P markets over the past few days. In its latest weekly report, shipbroker Banchero Costa said that in the newbuilding segment “in the container sector, China Merchants H.
A.P. Moller – Maersk reported solid first-quarter 2026 results on Thursday, posting strong volume growth across all business segments despite continued pressure on container freight rates and ongoing geopolitical volatility. The...
Latest NewsGrowth in energy-linked project cargo exacerbates US rail car shortageMaersk passing $500 million monthly fuel bill to customers ‘in full’: CEOVPA veteran McCoy tapped as CEO of Port of VirginiaTacoma ILWU local attempting to block Husky technology effortUS onshore wind halt deals latest blow for project car
Maersk has warned that a rapidly escalating fuel cost shock is becoming a dominant force in container shipping, as disruption in bunker markets drives up costs and reshapes operations. Speaking on its first-quarter earnings call, chief executive Vincent Clerc described the situation as “unprecedented, both in terms of
Latest NewsGrowth in energy-linked project cargo exacerbates US rail car shortageMaersk passing $500 million monthly fuel bill to customers ‘in full’: CEOVPA veteran McCoy tapped as CEO of Port of VirginiaTacoma ILWU local attempting to block Husky technology effortUS onshore wind halt deals latest blow for project car
First-quarter profits declined from a year ago, Maersk said, as increased container volumes failed to overcome pressured ocean rates. The world’s second-largest box carrier (OTC: AMKBY ) said that logistics and terminal revenue partially offset weaker liner results.
Well, it’s quite the conundrum Zim’s shareholders now find themselves in, after the Israeli shipping line yesterday received a $4. 5bn unsolicited takeover bid from an investment fund headed by local businessman Haim Sakal.
Strong volume growth in ocean, alongside sharply lower rates, points to a trade-off by Maersk that appeared to prioritise utilisation and network efficiency over margins. Maersk’s first-quarter performance saw ocean volumes up 9.
Shipping group Maersk MAERSKb. CO beat first-quarter profit forecasts on Thursday but warned the Iran war had pushed its fuel costs up by nearly $500 million a month and that the energy crisis would persist even if a peace deal was reached.
Growing industry attention around the hub-and-spoke logistics model, instrumental in shaping the Gemini Cooperation between Maersk and Hapag-Lloyd, seems to be encouraging other main container lines to invest in multimodal logistics hub projects in India. Multimodal cluster development, enabling shippers and freight s
Drewry’s Red Sea Diversion Tracker delivers timely intelligence to shippers, carriers, ports and other stakeholders on the evolving structure of carrier networks in the region. This tracker page will be updated fortnightly (every other Tuesday).
A.P. Moller – Maersk A/S (OMX: MAERSK-B) delivered solid first quarter results with EBIT of USD 340m, driven by strong volume growth across all businesses, continuous operational improvements, and cost containment measures. Executive Summary Ocean outperformed the market growing…
ZIM Integrated Shipping Services Ltd. (the “Company”) updates that its Board of Directors re-confirmed that following the approval of ZIM’s shareholders at the April 30, 2026 shareholders’ meeting, the merger agreement with Hapag-Lloyd is binding on the parties.
ZIM’s board of directors was forced yesterday to issue a public statement reaffirming that its merger agreement with Hapag-Lloyd and Israeli private equity fund FIMI is legally binding, after an unexpected rival bid from Israeli businessman Haim Sakal sent the shipping company’s share price surging 9. 5% on
A competing bid is the latest twist in the saga of Hapag-Lloyd's planned takeover of Israeli shipping line Zim - even though Zim's shareholders have...
You are using an outdated browser For a better experience using this site, please upgrade to a modern web browser. Subscribe Get Daily Email Subscribe --> Contact Us Sign in Home News & Features Compliance Costs Bunker Prices Bunker Intelligence EMEA News Latest Features World Americas EMEA Asia/Pacific Home News
Matson has marked two milestones in its fleet renewal program with the beginning of hull assembly on the second of three new LNG powered "Aloha Class" container ships and the start of construction on its third new vessel at Hanwha Philly Shipyard, Inc.
Latest NewsGrowth in energy-linked project cargo exacerbates US rail car shortageMaersk passing $500 million monthly fuel bill to customers ‘in full’: CEOVPA veteran McCoy tapped as CEO of Port of VirginiaTacoma ILWU local attempting to block Husky technology effortUS onshore wind halt deals latest blow for project car
Despite assurances from the U.S. military that transits through Omani waters of the Strait of Hormuz could be protected from Iranian attacks, the box...
Lawyers for Orient Overseas Container Line filed suit in U. S.
A CMA CGM container ship was attacked while transiting the Strait of Hormuz, injuring crew members and damaging the vessel, while another vessel run by the French group exited the Gulf, as the U. S.
Latest NewsGrowth in energy-linked project cargo exacerbates US rail car shortageMaersk passing $500 million monthly fuel bill to customers ‘in full’: CEOVPA veteran McCoy tapped as CEO of Port of VirginiaTacoma ILWU local attempting to block Husky technology effortUS onshore wind halt deals latest blow for project car
Latest NewsGrowth in energy-linked project cargo exacerbates US rail car shortageMaersk passing $500 million monthly fuel bill to customers ‘in full’: CEOVPA veteran McCoy tapped as CEO of Port of VirginiaTacoma ILWU local attempting to block Husky technology effortUS onshore wind halt deals latest blow for project car
Latest NewsGrowth in energy-linked project cargo exacerbates US rail car shortageMaersk passing $500 million monthly fuel bill to customers ‘in full’: CEOVPA veteran McCoy tapped as CEO of Port of VirginiaTacoma ILWU local attempting to block Husky technology effortUS onshore wind halt deals latest blow for project car
Latest NewsGrowth in energy-linked project cargo exacerbates US rail car shortageMaersk passing $500 million monthly fuel bill to customers ‘in full’: CEOVPA veteran McCoy tapped as CEO of Port of VirginiaTacoma ILWU local attempting to block Husky technology effortUS onshore wind halt deals latest blow for project car
The Georgia Ports Authority has officially opened an inland rail hub it estimates will take 26,000 truckloads of freight off highways annually. The Gainesville Inland Port opened May 4, with direct rail service provided by Norfolk Southern (NYSE: NSC) five days a week between northeast Georgia and the Port of Sa
The United States paused naval escorts of merchant ships in the Strait of Hormuz Tuesday after a missile attack on a container ship resulted in injuries to crew. Reports said that the 2,800-TEU CMA CGM San Antonio had switched off its identification system prior to commencing transit from Dubai.
(www.MaritimeCyprus.com) Following a surprise competing bid from Israeli entrepreneur Haim Sakal, ZIM’s board was compelled to issue a formal declaration yesterday confirming that its existing merger with Hapag-Lloyd and FIMI remains legally enforceable. The news of a rival…
German automotive and arms manufacturer Rheinmetall has revealed it is working with Mediterranean Shipping Co (MSC) to take over the bankrupt Romanian shipyard Mangalia. The two companies are looking at using the yard – one of Europe’s largest – for both military and commercial shipbuilding.
Orient Overseas Container Line (OOCL) has launched a legal challenge against the Federal Maritime Commission, arguing the regulator’s in-house adjudication process is unconstitutional following a $45m ruling against the liner operator. In a filing submitted to a federal…