Pomellato to Stage Paris Exhibit
Ocean carriers
Falling Freight Rates Undercut Hapag-Lloyd Earnings, Overshadow Volume Gains
Despite stronger volumes than the broader container market, profit fell sharply as freight pricing…
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…
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…
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…
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…
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…
Another Carrier Joins Bed Bath & Beyond’s Growing FMC Docket
As the brand's chairman takes the CEO reins, its former corporate entity is pressing claims against ocean…
Cosco Slapped With FMC Complaint Over Detention Fees, Booking Cancellations
California-based MAC Container Line alleges unreasonable billing, contract interference and retaliatory…
Yang Ming ‘Not Looking at Isolated Sailings’ as Premier Alliance Weighs Red Sea Return Options
Despite isolated sailings by rivals, Yang Ming says coordinated, sustainable service, instead of one-off…