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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Zim faces proxy fight after rejecting CEO’s buyout bid
The Israel-based carrier is urging shareholders to reelect its current slate of directors later this month after alternate nominees were put forth by dissident shareholders.
Cosco Shipping inks $7 billion deal for big fleet expansion
The move is part of the Chinese government's ambition to accelerate the development of China as a maritime power, China Shipbuilding Group said.
India-Europe carriers push December rates higher on tighter capacity
Mumbai-based forwarder executives have linked the pricing gains mainly to lower capacity amid multiple blank sailings during the month covering CMA CGM’s Epic service and Ocean Network Express’ IOX loop.
Global container volume growth slows on US, EU declines
The softer global growth in October pulled the 12-month rolling average down to the lowest in 20 months, according to Drewry’s Simon Heaney.
December US imports on track to be lowest since June ’23: retailers
The weak import numbers come as the National Retail Federation is projecting record holiday sales in the US of more than $1 trillion for the first time, up between 3.7% and 4.2% from 2024.
New product allows shippers to flex MQC volumes on a weekly basis
A former DOT deputy assistant secretary in the Biden administration says tradable, guaranteed slot reservations would create a scenario enabling greater efficiencies for both shippers and carriers.
Vancouver’s new scheduling system gives 96-hour advance notice of vessel arrivals
The Vancouver-Fraser Port Authority’s scheduling system is aimed at helping marine terminals better prepare labor and equipment planning to mitigate import surges.
Stretched logistics capacity in Europe threatened by Red Sea return
The import gateways have faced ongoing congestion this year amid strong demand on the Asia-Europe trade and limited buffer capacity at ports will be quickly overwhelmed.
Data center buildout fuels construction boom, project cargo windfall
High-value megaproject activity in the US is propping up heavy-lift cargo volumes, while also generating breakbulk shipments.
Hapag-Lloyd buyout offer for Zim unlikely to get far: report
A group of Zim employees is said to object to a deal with Hapag-Lloyd due to the significant ownership stakes that the sovereign wealth funds of Saudi Arabia and Qatar have in the Hamburg-based carrier.
Hacegaba nominated to be Port of Long Beach executive director
COO Noel Hacegaba’s elevation to the top executive job would appear to be fait accompli after serving in senior management positions at the port for the past 15 years.
Trans-Pacific carriers tweak pricing strategy to keep rates from collapsing
Despite lower volumes and elevated capacity, carriers have managed to keep rates at acceptable levels of late in part by favoring shorter, more frequent general rate increases.
South Africa hits eight ocean carriers with price collusion allegations
Even though the claims originate from more than seven years ago, the government alleges artificially high freight rates are nonetheless hurting South Africa’s consumers and exporters.
Regulatory agencies developing framework for use of maritime nuclear power
The IMO and IAEA are working on setting up international regulations and standards that would underpin the production and development of nuclear power in the maritime industry.
Premier Alliance adds Cai Mep call amid US import surge from Vietnam
Ocean Network Express said the East Coast 2 service jointly operated with HMM and Yang Ming will call Cai Mep on eastbound rotations, while dropping a call at China’s Port of Xiamen.
Tariff costs, data center demand create mixed outlook for ro/ro shippers in 2026
As key global manufacturers of high and heavy cargo, Caterpillar and Deere are considered performance indicators for the roll-on/roll-off breakbulk shipping segment.
IKEA becomes first shipper to join carrier digital consortium program
The Digital Container Shipping Association’s partnership program has grown in the last month, with the global home furnishings retailer following last week’s addition of European vessel operator Unifeeder.
Severe storms swamp Southeast Asia supply chains, with Colombo hardest hit
Ocean carriers and terminal stakeholders at Sri Lanka’s Colombo Port are dealing with operational chaos that resulted from a three-day shutdown caused by Cyclone Ditwah, said to be the strongest storm to have struck the country in nearly a decade.
Complexity of resumption of Suez transits beginning to take shape
The conflicting interests became apparent last week when the Suez Canal Authority issued a statement indicating that Maersk planned to resume normal transits in December, triggering a quick response from the carrier that no timeline had been set.
Ocean carriers unveil hefty increases in Europe emissions surcharges
First-quarter charges will rise across all trade lanes that cover the European Union from Jan. 1 when carriers will be responsible for 100% of their carbon emissions.