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.
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MSC boosts Indian port play with $1.4 billion terminal deal with Adani
The carrier’s acquisition of a 49% stake in the Vizhinjam transshipment hub is said to be the single-largest foreign direct investment into the Indian port sector to date.
CMA CGM inks $400 million terminal deal at Omani Port of Sohar
The port has played a key role during the Middle East war, with its location just south of the Strait of Hormuz providing the Persian Gulf with a multimodal gateway to global markets while the strait has been effectively closed.
Maersk makes big upward revision on full-year financial guidance amid soaring rates
Container freight rates across all the major east–west trades have soared since February as a result of higher bunker fuel prices driven by the war with Iran and cargo frontloading in the trans-Pacific.
Hapag-Lloyd's HGT signs deal for 20% stake in Eurogate Hamburg terminal
The planned addition is part of the carrier’s “Strategy 2030” expansion plan outlined in April 2024 that aims to add between 10 and 15 terminals to its portfolio by the end of the decade.
US shipper group seeks to change notification rules for ocean freight tariffs
The Agriculture Transportation Coalition said its members have not received timely notice of new surcharges on ocean freight, and that the online tariffs posted by carriers are too difficult to navigate.