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Updated: 2 hours 19 min ago

Cosco halts Balboa calls in latest twist over Panama port row

Thu, 03/12/2026 - 12:02
Cosco did not give a reason for the move, but it comes just two weeks after the Panamanian government wrested control of Balboa and Cristobal ports from Hutchison-owned operator Panama Ports Company.

Cosco, OOCL halt Balboa calls in latest twist over Panama port row

Thu, 03/12/2026 - 12:02
Cosco did not give a reason for the move, but it comes just two weeks after the Panamanian government wrested control of Balboa and Christobal ports from Hutchison-owned operator Panama Ports Company.

Carriers seek to offload stranded Asia-Middle East containers at Indian ports

Thu, 03/12/2026 - 10:52
All major long-haul liners are seeking temporary supply chain asylum at Indian docks to offload boxes that departed China and Southeast Asia in recent days, according to market sources in India.

Yang Ming, Wan Hai boost combined order book with 12 new ships

Thu, 03/12/2026 - 09:14
The new orders from the Taiwan-based carriers came as both reported lower net profit and revenues for 2025 due to softer freight rates.

As war rages, multimodal demand surges on Asia-Europe landbridge

Thu, 03/12/2026 - 08:15
Truck-air solutions are also taking off with rising interest from shippers as the Middle East war removes the popular sea-air services via Jebel Ali in the UAE as a viable option.

FMC says ‘closely monitoring’ carrier rate moves tied to Middle East war

Wed, 03/11/2026 - 15:52
The agency in charge of enforcing US shipping law reminded the market that any change in ocean tariffs must come with a 30-day notice period prior to implementation so it can be reviewed.

Muted short-term impact on MPVs from Iran conflict, but longer-term risks rising

Wed, 03/11/2026 - 13:33
Nineteen MPVs are stuck in the Arabian Gulf, while bunker costs have increased by $3 to $7 per ton of cargo as a result of the Middle East war, according to one vessel operator.

Maersk forced to ship fuel from US, Europe as Asia bunkers start to run dry

Wed, 03/11/2026 - 10:54
With the flow of waterborne oil suspended in the Strait of Hormuz, reports out of China say suppliers are rationing fuel in anticipation of growing shortages, while bunkering centers such as Salalah in Oman are no longer able to fulfil orders.

ONE boosts ownership stake in Seaspan parent Poseidon

Tue, 03/10/2026 - 14:43
CEO Jeremy Nixon said the investment, which could be valued at close to $1 billion, is part of ONE’s plan to reach 3 million TEUs in capacity by 2030.

Waves of diverted containers swamping Middle East ports

Tue, 03/10/2026 - 12:19
Ports closest to the Persian Gulf are under mounting pressure with a second round of containers inbound as carriers start to offload cargo that was already on the water last week when Middle East bookings were canceled.

China, India warn carriers on higher pricing tied to Middle East conflict

Tue, 03/10/2026 - 12:10
Carriers have defended rate increases for shipments out of Asia and elsewhere, citing the higher cost of operating when tonnage and equipment is tied up in the Middle East due to the war.

LA terminals to extend gates to mitigate disruption during bridge closure

Tue, 03/10/2026 - 10:20
Port stakeholders in Los Angeles acknowledge that redecking the Vincent Thomas Bridge will impact traffic over the next two years, but they say longer truck gates and a real-time communication system will minimize disruptions.

Reform HMT rather than taxing shipping more: analyst

Tue, 03/10/2026 - 09:10
A proposed universal tax on foreign-built ships would strain trade relations, raise the cost of doing business and stoke inflation, writes Reason Foundation policy analyst Jay Derr.

Montreal terminal operator signs deal with striking office workers

Mon, 03/09/2026 - 15:58
The port’s Cast and Racine terminals remained open to vessels during the five-month strike by clerical staff, which began last September.

CBP lays out initial tariff refund plan that requires ‘minimal’ work from importers

Mon, 03/09/2026 - 15:58
Under the US Customs and Border Protection’s proposal, shippers will not have to sue the administration for refunds of the IEEPA tariffs and will receive the monies owed as a single payment.

Zim’s fourth-quarter earnings beat estimates despite drop in rates, volume

Mon, 03/09/2026 - 13:26
The Israel-based carrier said the volume declines were led by its cross-Suez and trans-Atlantic services, which dropped 13% and 10%, respectively, from 2024.

Hutchison seeks $2 billion in damages from Panama after terminal deal canceled

Mon, 03/09/2026 - 11:17
Hutchison-owned Panama Ports Company had its 28-year concession to manage and operate the Balboa and Cristóbal terminals nullified by Panama’s Supreme Court on Jan 29.

CMA CGM sets Chinese volume record with Shanghai biomethanol bunkering

Mon, 03/09/2026 - 09:32
The newly delivered 13,000-TEU CMA CGM Osmium was refueled with 3,643 tons of biomethanol over the weekend as part of an alternative fuel partnership with the world’s largest container port.

CMA CGM expects moderate growth after 2025 revenue, profit decline

Fri, 03/06/2026 - 14:02
The carrier said it would rely on the diversification of its activities, network flexibility and financial strength to weather the uncertain outlook this year.

CMA CGM preps for challenging year after 2025 revenue, profit decline

Fri, 03/06/2026 - 14:02
The carrier said it would rely on the diversification of its activities, network flexibility and financial strength to weather the uncertain outlook this year.

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