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 28 min ago
Ocean carriers employ effective capacity management despite market volatility
Container shipping has come a long way in mastering the art of blank sailings, redeployments, slow steaming and other forms of proactive capacity management, mitigating the impact of much-discussed overcapacity, attendees at TPM26 were told.
Evergreen’s 2025 profits nearly halved on sharp freight rate declines
The weakness has continued into 2026, with Taiwan’s biggest carrier reporting that combined revenue of $1.9 billion for January and February was down 23% from the same period last year.
LNG project cargo poised for US boom amid war
With liquefied natural gas flows at a standstill in the Strait of Hormuz, a near-doubling of LNG export capacity in the US is set to drive breakbulk and project cargo activity into the next decade.
Middle East shipping disruptions boost US position as top LNG exporter
With liquefied natural gas flows at a standstill in the Strait of Hormuz, a near-doubling of LNG export capacity in the US is set to drive breakbulk and project cargo activity into the next decade.
Volatile shipping market drags down OOCL’s 2025 financial results
The Hong Kong-based carrier ended the year with a $1.5 billion net profit, but that was a 41% drop from the robust earnings of the previous year.
Cosco halts Balboa calls in latest twist over Panama port row
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.