Pomellato to Stage Paris Exhibit
container shipping
HMM Launches Early Retirement Program as Carriers Tighten Costs
The South Korean ocean carrier insists the move is unrelated to a potential sale or overall container market…
NY/NJ Port’s Top Terminal Draws Suitors as Trade Shifts Away From China
An official sale process has not yet begun and there is no timeline for a divestment, but multiple carriers…
Maersk Slashes 1,000 Staff as Slumping Freight Rates Sink Earnings
Cuts of $180 million will target 17 percent of corporate roles as the carrier braces for supply overcapacity…
Gemini Cooperation Makes Suez Canal Return as Hapag-Lloyd Rejoins Route
Weekly sailings for the Hapag-Maersk alliance will resume in the Red Sea for the first time since the Houthis…
Panama Canal Sets Strict Pre-Qualification Bar for Terminal Bidders
Applicants must cite six operated terminals totaling 6 million TEUs annually to bid on concession rights to…
FMC Slaps MSC With $22.7M Fine Over Billing Violations
The agency found the carrier wrongly billed forwarders with late fees, failed to properly publish rates for…
Soft Demand Sends Ocean Freight Rates Lower Ahead of Lunar New Year
Carriers abandon February rate hike plans and add more blank sailings as pre-LNY volumes fail to materialize.
Houthi Video Renews Red Sea Shipping Fears as Carriers Reassess Risk
Amid U.S.-Iran tensions, a video from the Yemeni group casts concern on the fragile return of container…
Why CMA CGM is Easing its Red Sea Exposure—Again
After testing Suez transits on three services, the ocean carrier is reverting to routings around Africa…
Red Sea Terminal Debuts as Ocean Carriers Test Post-Crisis Suez Routing
Backed by $1.8 billion from Hutchison, CMA CGM and Cosco, the Ain Sokhna terminal comes online amid renewed…
Maersk Begins Structural Return to Red Sea After 2-Year Hiatus
The ocean carrier's India-to-U.S. MECL service will again use the Suez Canal as stability in the region…
Port of Portland’s Lone Container Terminal Gets New Life
Rebranded as the Oregon Container Terminal, the former Terminal 6 aims to double volumes in 2026 after years…
Maersk Reportedly Drops ‘Disruption’ Fee for First Red Sea Passage in 2 Years
The carrier quietly removed a transit disruption surcharge for the Maersk Sebarok, signaling tentative…
Why Trump’s Venezuela Operation Is Putting the Panama Canal Back in Play
Experts warn rhetoric alone can heighten risk perceptions for carriers and insurers, even if shipping…
Israel Injects New Uncertainty Into ZIM’s Strategic Review
The Israeli government reminded the ocean carrier it can block any deal where over 24 percent of shares are…