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US port fees could force COSCO out of Transpacific market

The US Trade Representative's (USTR's) implementation of port fees on Chinese ship operators and Chinese-built ships could price companies like COSCO Shipping Lines and...

Gemini partners top schedule reliability rankings

According to Sea-Intelligence's Global Liner Performance (GLP) report, in March, global schedule reliability improved by 3 percentage points M/M to 57.5%, the highest level...

Recession looms as tariffs turn trade upside down

Tariffs are driving global markets into recession, succumbing to the inevitable supply and demand imbalance as carrier capacity rises and demand diminishes. Shipping lines are...

ONE surpasses US$4.2 billion annual profit amid expanding container vessel fleet

Ocean Network Express (ONE) has reported exceptional financial results for the fiscal year ending 31 March 2025, marking a period of significant growth across...

CMA CGM flags first boxship in India, boosting nation’s maritime push

India’s maritime ambitions are gaining new momentum as the country strategically positions itself to become a global shipping and logistics powerhouse. In a landmark development,...

Hapag-Lloyd reports strong Q1 growth amid market uncertainty, warns of softer full-year outlook

Hapag-Lloyd announced increased revenue and earnings in the first quarter, per the preliminary and unaudited report. In particular, the German ocean carrier reported a 17%...

COSCO SHIPPING Ports exceeds 35M TEUs, reports over US$380M in Q1 revenue

COSCO SHIPPING Ports has announced a total throughput of 35.75 million TEUs in the first quarter of 2025, translating to a 7.5% increase over...

KMTC-operated boxship and bulk carrier damaged in Vietnam collision

A feeder ship operated by Korea Marine Transport Company (KMTC) collided with a bulk carrier in Vietnam's Long Tau River, off Ho Chi Minh...

Wan Hai Chief: Transpacific Volumes Weak, Not Wiped Out

Amid the US-China tariff war, Wan Hai Lines’ General Manager Tommy Hsieh admitted that Transpacific volumes are far from ideal, as shippers have paused...

Trump’s market distortions will skew demolition market

Uncertainty and market defamation are the hallmarks of Donald Trump’s tariff and port fee policies, but with a growing over-capacity challenge, the distortion may...

CEVA Logistics to acquire Turkey’s Borusan Tedarik for US$440 million

CEVA Logistics, the logistics arm of French shipping giant CMA CGM, has signed a binding agreement to acquire 100% of Turkish logistics provider Borusan...

Pakistan halts trade and closes borders with India

Pakistan has suspended all trade with India and shut its airspace and land borders in response to sanctions imposed by New Delhi. The measures follow...

Latest Posts

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...

AD Ports Group reports strong Q1 results

AD Ports Group delivered a solid financial performance in the first quarter of 2025, with significant year-on-year growth in revenue, earnings, and profits. Revenue for...

Clarksons: Tariffs could see negative growth for container shipping

Clarksons has warned that container shipping demand could regress if the US-China tariff war continues beyond this quarter. (adsbygoogle =...
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