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Matson doubles Q1 profit despite flat container volumes

In the first quarter of 2025, Matson reported a net profit of US$72.3 million—more than double its earnings from the same period last year—driven...

Maersk unveils new container design in its signature blue

After more than 50 years of using grey containers with white lettering, Maersk is updating the look of its dry containers to reflect a...

PSA BDP takes over Mexican logistics firm

PSA BDP, a global logistics and supply chain solutions provider, announced the acquisition of a majority stake in ED Forwarding, a Mexico-based logistics solutions...

Ceasefire offers Red Sea respite, but Yemen’s ports remain in fragile state

As the Red Sea breathes a tentative sigh of relief following a newly brokered ceasefire between the United States and Yemen’s Houthi movement, a...

Vietnam’s Shipping Sector Navigates Trade Turbulence Amid U.S. Tariff Threats

As geopolitical tensions and global trade disputes intensify, Vietnam's shipping industry finds itself at a critical crossroads in 2025. Once hailed for its strategic...

Red Sea peace deal could flood container market with tonnage

A return of commercial shipping to the Suez Canal route could flood the container market with excess tonnage and send freight rates plunging to...

Capacity cuts reflect the Pacific market mood

An 11% cut in Pacific capacity seen on the Asia to US trades is a key pointer to the huge effect, experienced as a...

New MSC headquarters in Hamburg

MSC has completed the architectural competition for its new German headquarters in Hamburg's HafenCity. Frankfurt-based Wandel Lorch Götze Wach (WLGW) won the competition with...

Maersk records strong Q1 financial results

Danish container carrier Maersk has announced improved financial results for the first quarter of the year, driven by momentum in operational efficiency and a...

Inchcape Shipping Services and Symmetry Group form joint venture in Guyana

Inchcape Shipping Services (ISS) and Symmetry Group Inc. (SGI) have announced a strategic joint venture in Guyana. This partnership aligns with Guyana's Local Content requirements,...

Wallenius Wilhelmsen finalizes Armacup takeover

Wallenius Wilhelmsen has announced the acquisition of the remaining shares in Armacup, bringing the shareholding percentage from 65 to 100%. The transaction was closed on...

Colombia’s Shipping Sector in 2025: Resilient but Under Tariff Pressure

Colombia’s shipping sector in 2025 remains operationally sound, yet it operates under growing pressure from geopolitical tensions, particularly the threat of U.S. tariffs and...

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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