Maritime News
News and analysis of ocean containerized cargo movement, logistics, supply chains, technology, and end-to-end connectivity. Maritime news and analysis of containerized ocean cargo movement, breakbulk and roll-on and roll-off shipping from origin to destination.
Updated: 2 hours 20 min ago
TPM26: Iran conflict puts new risk on US economic growth: Yellen
The ex-US Treasury Secretary said consumers could pull back on spending should crude oil and gasoline prices remain aloft due to the latest attacks on Iran by the US and Israel.
MSC downgrades India-Europe/Med network amid transshipment cargo lift woes
The move comes as transshipment cargo handling declines are expected at Indian ports following a recent government decision to revoke the cabotage waiver that foreign-flag carriers have enjoyed since 2018.
Shipping avoids Middle East region after US, Israel begin strikes on Iran
The US has established a maritime warning zone, effectively placing the region out of bounds to shipping, while airlines have suspended passenger and freighter flights across the Middle East.
Shipping avoiding Middle East region after US, Israel begin strikes on Iran
The US has established a maritime warning zone, effectively placing the region out of bounds to shipping, while airlines have suspended passenger and freighter flights across the Middle East.
Federal court dismisses ILA complaint over Virginia rail cranes
Even if the terminal operator arm of the Virginia Port Authority violated the terms of its contract with the International Longshoremen’s Association, the VPA’s influence did not violate national labor law, the court said in its ruling.
CMA CGM to launch standalone Japan-Europe express service in April
The new service comes as cargo owners are facing a drop in direct connections between Japan and the main markets of Europe and North America.
Gemini partners unveil revamp of some Asia services to Europe, Med
Five services are covered by the adjustments, which are being made to give “stronger market coverage and faster products,” on the trades, Hapag-Lloyd said.
Maersk, Hapag-Lloyd to reroute some March sailings away from Red Sea/Suez
Separate statements from the Gemini partners said “unforeseen constraints” prompted the moves, which come as the US weighs a possible military strike on Iran.
Wind OEMs pin hopes on data center energy demands amid US setbacks
Onshore wind and AI energy support offer twin strands of positivity for wind shippers operating in the US despite the Trump administration’s battle against renewable energy.
Zim deal offers Hapag-Lloyd entry into niche car carrier market
Hapag could leverage Zim-owned Gold Star Line’s ready-made ro/ro fleet to expand its offering in the breakbulk market, but overcapacity provides potential headwinds.
Rotterdam congestion limits benefit of second-half surge in imports
Europe’s largest port handled 14.2 million TEUs during what was described by its CEO as “a challenging year” set against a backdrop of escalating geopolitical tensions.
After Hapag-Zim deal, Premier Alliance may be next in the spotlight
Premier Alliance carriers may not have the most chips in the game, but in a world where all the alliances are competing to provide the best product, they can inject some very useful capacity to enhance particular trade lanes, writes Jeremy Masters.
Jeremy Nixon to step down as ONE CEO after eight years at the helm
Nixon, one of the most recognized executives in container shipping, led the transformation of legacy Japanese carriers K Line, MOL and NYK into a unified global company based in Singapore.
India-Europe spot rates climb on seasonal booking demand, tighter capacity
Forwarders say reefer-centric Indian grape exports combined with sporadic vessel schedule disruptions have enabled carriers to adjust rates upward on the trade lane.
IEEPA tariff decision prompts flood of correction tools for refunds, customs entries
A number of forwarders and software vendors are providing products, often for free, to help shippers and customs brokers calculate refunds they may have coming following Friday’s Supreme Court ruling.
Hapag-Lloyd inks new sustainable biofuel deal with DSV
The forwarder has contracted a total of 18,000 tonnes of CO₂ equivalent emission reductions on a well-to-wake basis that will be derived through the carrier’s Ship Green product.
No clear path to get IMO’s net-zero framework over the line: industry experts
Whatever measure is ultimately agreed to by member states, decarbonization experts agree the IMO’s revised emissions reduction targets set in 2023 will need to be pushed back.
Maersk, MSC units begin interim management of Panama Canal terminals
APMT and TiL will operate the Balboa and Cristobal terminals, respectively, for 18 months while Panama’s government considers how best to award long-term contracts after nullifying the 28-year concession held by CK Hutchison.
Zim acquisition sets up network changes for Gemini: Sea-Intelligence
Hapag-Lloyd said it wants to integrate Zim into the alliance with Maersk, but adding new ports and overlapping coverage means changes to services.
Hapag-Lloyd's deal for Zim won’t fix challenges facing container shipping
The $4.2 billion acquisition announced last week does nothing to alter the market’s weak fundamentals, notably soft demand and vessel oversupply, writes analyst John McCauley.