container shipping
Container Ships Stuck in Persian Gulf as Hormuz Conflict Paralyzes Traffic
More than 120 vessels remain inside the Gulf while carriers divert containers to Singapore, Colombo and other…
Attack on Container Ship in Strait of Hormuz Triggers Wider Gulf Shipping Disruptions
More ocean carriers are halting Gulf bookings and diverting cargo as the Malta-flagged Safeen Prestige caught…
‘You Can’t Insure Your Assets There’: ONE CEO Warns as Shipping Skirts Hormuz
Amid industrywide concern, President Trump said the U.S. will cover risk insurance for ships and provide a…
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Ocean Carriers Dodge Hormuz, Red Sea as Middle East Conflict Jolts Global Shipping
War-risk premiums and emergency freight hikes threaten to drive up landed costs for shippers reliant on Gulf…
‘Targeted Injection of Capacity’ Into Vietnam, Thailand Reshapes Ocean Networks
A Sea-Intelligence analysis of the Ocean Alliance's network update says carriers are "betting on the…
Trump Maritime Plan Floats Universal Port Fees, US Flag Fleet Expansion
The president's push for an American shipbuilding revival is raising cost concerns amid recommendations of…
Hapag-Lloyd Targets Downcycle Flexibility with $4.2B ZIM Acquisition
By acquiring ZIM, Hapag-Lloyd increases chartered vessel exposure, a strategy executives say will help adjust…
Falling Freight Rates Undercut Hapag-Lloyd Earnings, Overshadow Volume Gains
Despite stronger volumes than the broader container market, profit fell sharply as freight pricing…
HMM Launches Early Retirement Program as Carriers Tighten Costs
The South Korean ocean carrier insists the move is unrelated to a potential sale or overall container market…
NY/NJ Port’s Top Terminal Draws Suitors as Trade Shifts Away From China
An official sale process has not yet begun and there is no timeline for a divestment, but multiple carriers…
Maersk Slashes 1,000 Staff as Slumping Freight Rates Sink Earnings
Cuts of $180 million will target 17 percent of corporate roles as the carrier braces for supply overcapacity…
Gemini Cooperation Makes Suez Canal Return as Hapag-Lloyd Rejoins Route
Weekly sailings for the Hapag-Maersk alliance will resume in the Red Sea for the first time since the Houthis…
Panama Canal Sets Strict Pre-Qualification Bar for Terminal Bidders
Applicants must cite six operated terminals totaling 6 million TEUs annually to bid on concession rights to…
FMC Slaps MSC With $22.7M Fine Over Billing Violations
The agency found the carrier wrongly billed forwarders with late fees, failed to properly publish rates for…
Soft Demand Sends Ocean Freight Rates Lower Ahead of Lunar New Year
Carriers abandon February rate hike plans and add more blank sailings as pre-LNY volumes fail to materialize.