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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Softer freight rates push Evergreen to 71% decline in Q1 net profit
Highlighting the impact of lower freight rates in its first-quarter financials, Taiwan’s largest ocean carrier recorded a 22% year-over-year drop in average revenue per TEU, to $968/TEU.
Eroding connections expose Canada’s ports, shippers: central bank
The Bank of Canada says the country’s maritime trade connectivity has dropped severely in the last decade just as the country looks to shift its international trade away from the US.
Yang Ming to develop cargo base to offset trade, geopolitical uncertainties
Taiwan’s number two carrier has been involved in three service launches this year, with plans to add 22 container ships to its fleet between now and early 2030.
Hapag-Lloyd posts Q1 net loss in ‘unsatisfactory’ start to 2026
Weather-related port congestion in January and February caused higher terminal storage costs while war in the Middle East raised operating expenses late in the quarter.
Maersk joins race to target burgeoning China-India trade with capacity boost
The carrier is increasing capacity in response to growth in Indian imports from China and other Asian production markets in recent years, propelled by input sourcing to support rapid industrial development.
IMO carbon pricing mechanism 'dead in the water’: DNV
Without the funding element, shipping groups and environmental campaigners argue that the so-called net-zero framework will be unable to provide crucial funding for shipping’s decarbonization journey.
Hormuz closure just the latest ‘weaponization’ of maritime chokepoints
The closure of the Strait of Hormuz is the most recent example of how maritime chokepoints can be leveraged as a useful political tool, forcing global supply chains to adapt to a more complex geopolitical landscape, writes Lars Jensen.
Surging Asia vehicle exports, high/heavy rebound buoy carrier operators
Strong demand for roll-on/roll-off cargoes is expected to continue through 2026 as China enjoys “exceptional” export growth.
Prolonged Middle East war to weigh on sputtering US auto demand
Even before the war-driven spike in gasoline prices, the US automotive industry was expecting lower vehicle sales due to import tariffs and higher borrowing costs for vehicle buyers.
Impending sale of Maher likely to reshape competitive dynamics at Port of NY-NJ
The issue of carrier terminal control is front and center with the coming sale of Maher given that carriers overall have become aggressive acquirers and developers of terminal capacity globally, including on the US East Coast.
ONE to spend $1.2 billion in deal with HD Hyundai for six LNG-powered ships
The 15,900-TEU container ships will be delivered between November 2028 and September 2030 and reflect the continuing dominance of LNG as the new generation fuel of choice for vessel operators ordering new ships.
Multipurpose vessel sentiment positive despite bunker price volatility
Shippers reluctant to accept additional bunker costs might have their hand forced by a healthy breakbulk and project cargo pipeline, market participants say.
Big drop in Middle East helium production drives alternative projects
The loss of a third of global helium output because of the war has given fresh impetus to industrial gas projects in new regions.
Weak consumer confidence, rising inflation dim peak season hopes
The war with Iran, now in its third month, is the prime mover behind the economic uncertainty, the National Retail Federation and Hackett Associates indicated in their latest Global Port Tracker.
Disrupted Middle East-India shipments restart as choked supply chains ease
Khor Fakkan and Fujairah in the UAE and Sohar in Oman had kept carriers restricted to imports since the war began due to severe yard space and cargo evacuation constraints.
Maersk mulls potential Red Sea return as hopes rise over US-Iran deal
But CEO Vincent Clerc said while the carrier assesses the situation with the view of eventually restarting some services through the region, Maersk would be taking a cautious approach, with the safety of seafarers the “first priority.”
FourKites takes aim at automating ocean bookings for shippers
The software vendor said shippers can move away from having intermediaries manage bookings by automating the process and tying it to performance data that FourKites holds.
Growth in energy-linked project cargo exacerbates US rail car shortage
Cargo shippers and forwarders have found themselves taking on more of the burden for inland transport, relying on barges and trucks to fill in the gaps and even expanding their own fleets of heavy-duty rail cars.
Maersk passing $500 million monthly fuel bill to customers ‘in full’: CEO
But the carrier’s ability to continue that cost recovery will depend on the long-term impact of high energy prices on consumer demand and how the industry manages its fast-growing order book, Vincent Clerc says.
VPA veteran McCoy tapped as CEO of Port of Virginia
Sarah McCoy, who recently led the renegotiation of the lease for the Virginia International Gateway terminal, will lead the sixth-largest port in the US by volume.


