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Updated: 35 min 54 sec ago

Hapag-Lloyd’s plan to acquire Zim would deepen shipping oligopoly

2 hours 13 min ago
The acquisition if approved would solidify the Hamburg-based ocean carrier among the five largest container lines by capacity.

Trump administration unveils US maritime revitalization ‘action plan’

Fri, 02/13/2026 - 15:31
The wide-ranging plan includes proposals to tax foreign-built ships calling US ports, rebuild domestic shipbuilding capacity, and eliminate “burdensome regulations” through a series of deregulatory measures.

Ocean Alliance, ONE rework trans-Atlantic services, remove ships

Fri, 02/13/2026 - 15:29
North and South Atlantic loops from Northern European to the US will consolidate to one East Coast-wide service, with a Baltimore call dropped and fewer overall vessels used.

Departure of DP World CEO welcomed by Canadian ports partner

Fri, 02/13/2026 - 10:53
Quebec-based investment manager La Caisse earlier this week said it would put its future investments with DP World on hold until the company addressed Sultan Ahmed Bin Sulayem’s relationship with Jeffrey Epstein.

Maersk, Eurogate plan $1.2 billion terminal upgrade at Bremerhaven

Fri, 02/13/2026 - 10:30
The investment will strengthen the Gemini hub’s position and increase capacity at the joint venture terminal by more than 30% to 4 million TEUs.

Reversal in US clean energy investment signals shift in project cargo momentum

Fri, 02/13/2026 - 09:22
Canceled renewable energy projects in the US totaled $35 billion in 2025 as more project funds left the country than came in amid the federal government’s shifting policies to prioritize fossil fuels.

Scrapping strategy looms large in 2026 as carriers manage growing oversupply

Thu, 02/12/2026 - 09:43
Downward pressure on rates is set to continue with just over 1 million TEUs of capacity via ships above 10,000 TEUs scheduled to be delivered this year.

DP World’s financial partner hits pause over CEO’s ties to Epstein

Wed, 02/11/2026 - 13:41
La Caisse, a major infrastructure fund and co-investor with DP World, said it wants clarity from the ports operator about Sultan Ahmed Bin Sulayem’s relationship with the convicted sex trafficker after messages between the two men became public this week.

Contrecoeur investor hits pause over DP World CEO’s ties to Epstein

Wed, 02/11/2026 - 13:41
La Caisse, a major infrastructure fund and co-investor with DP World, said it wants clarity from the ports operator about Sultan Ahmed Bin Sulayem’s relationship with the convicted sex trafficker after messages between the two men became public this week.

Colombo expands box capacity as regional hub competition intensifies 

Wed, 02/11/2026 - 09:19
Equipped with 12 quay cranes capable of handling ultra-large container ships, the expansion allows the East Container Terminal to handle 3 million TEUs annually at full speed.

HMM profitability falls as carrier warns of growing supply-demand imbalance

Wed, 02/11/2026 - 08:59
The 2025 result follows a familiar trend seen across the full-year financials reported so far by Maersk, Hapag-Lloyd and Ocean Network Express as the industry moves into an overcapacity-driven downcycle.

GPA names next CEO as Savannah readies for new growth phase

Tue, 02/10/2026 - 16:21
Kevin Price, president of the port’s stevedoring services company Gateway Terminals, will join GPA in July as president and then add the CEO’s role in mid-2027.

Gemini schedule reliability shows sum greater than its parts: Xeneta  

Tue, 02/10/2026 - 14:16
Xeneta’s “Schedule Reliability Scorecard” for 2025 showed Maersk and Hapag-Lloyd are more reliable under Gemini than in standalone services, while other alliances showed uneven performance among partners.

NY-NJ port readying to guide terminals on truck appointment systems

Mon, 02/09/2026 - 15:17
But the recommendations will not include guidance on handling empty container returns, as port stakeholders see it as a separate issue.

Fourth-quarter rate slump drags down Hapag-Lloyd's 2025 financials

Mon, 02/09/2026 - 13:01
The carrier reported a steep drop in profitability as declining rates combined with higher costs of rerouting ships around southern Africa and startup expenses for the Gemini network.

Bangladesh boxes begin to move as Chittagong port workers suspend strike

Mon, 02/09/2026 - 12:56
The entire port workforce had walked off the job almost two weeks ago to protest a government decision to lease the port’s busiest terminal to DP World.

MPV carriers emphatic on no resumption of Suez transits under current conditions

Mon, 02/09/2026 - 09:54
Ship operators say a return to the Red Sea hinges on broad shipper acceptance across multi-shipper voyages, according to a survey conducted by One World Shipbrokers.

Maersk widens deployment options with order for ‘flexible’ new ships

Mon, 02/09/2026 - 09:03
The new vessels are shorter and narrower than most 400-meter megaships that are mostly confined to the Asia-Europe trade, giving the carrier more deployment options across its global network.

Maher’s next buyer faces billions in upgrades, decisions on capacity

Fri, 02/06/2026 - 14:16
The likely sale this year of the Port of New York and New Jersey’s largest marine terminal portends possible changes to how it will be operated in the long run.

Australia’s VICT extends terminal concession at Port of Melbourne to 2066

Fri, 02/06/2026 - 11:05
The subsidiary of Manila-headquartered International Container Terminal Services said the agreement extends the lease expiration from 2040 to 2066.

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