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Zim will be delisted from the New York Stock Exchange once the necessary regulatory and government approvals come through G-LLOYD is in advanced talks to acquire Israeli…
Indonesian coal producer Geo Energy said on Thursday (Jan 8) that it has completed its acquisition of majority stakes in two Indonesian shipping companies. The deal – to buy 51 per cent…
Blue Ocean Shipping will be headquartered in Kobe and is expected to begin operations in the first half of 2026 A subsidiary of container shipping group Samudera Shipping – Samudera Japan…
Competition to accelerate maritime trade between China and Peru is heating up after a sprawling Chinese-owned port opened along the country’s Pacific coast. MSC Mediterranean Shipping is…
If it seems like everything is getting more expensive, you’re right. Thanks to inflation (up 3%), which has affected goods from food to gas (for which prices are up 4.1%), you can now add…
Security risks and US policy shifts unsettle demand and freight rates, hurting shipping profits German container shipping firm Hapag-Lloyd on Thursday (Nov 13) posted a 50 per cent drop in…
Apple has started shipping artificial intelligence servers built in a factory in Houston, it said on Thursday, part of the company’s plans to invest US$600 billion in the US in the next…
The U.S. has succeeded in blocking a global fee on shipping emissions as an international maritime meeting adjourned Friday without adopting regulations. The world’s largest maritime…
This could erode 74% and 65% of consensus Ebit margin forecast for FY2026 for Cosco Shipping Holdings and Orient Overseas (International), respectively Chinese lines Cosco Shipping…
Indonesian coal producer Geo Energy is proposing to acquire 51 per cent stakes in two Indonesian shipping companies for a US$127.5 million consideration. The proposed acquisition will…
Samudera Shipping reported a 100.4 per cent increase in net profit to US$41.8 million for its first half ended Jun 30, from US$20.9 million in the corresponding year-ago period. Revenue…
Chinese officials have told BlackRock, MSC and Hutchison that if Cosco is left out of the deal, Beijing would take steps to block Hutchison’s proposed sale of the ports China is…
The cost of shipping goods from China to the UK has surged due to ripple effects of the US trade war, threatening to push up consumer prices and complicate the Bank of England’s plan to…
Shoppers who buy shoes online are a fairly demanding consumer cohort. According to an AlixPartners 2025 U.S. Consumer and Executive Home Delivery survey, 30 percent of consumers will shop…
Target is testing the delivery of products directly to customers’ homes from factories, said sources familiar with the matter, an effort by the big-box retailer to launch a service similar…
The shipping industry was placed on high alert on Sunday (Jun 22) with warnings that Tehran could retaliate against commercial vessels following US airstrikes against Iran’s nuclear…
Container shipping company Maersk said on Friday (Jun 20) it had temporarily paused vessel calls at Israel’s Haifa port, amid the country’s escalating conflict with Iran. The…
Shell CEO Wael Sawan said on Thursday the oil and gas major was being “very careful” with its shipping through the Middle East given the escalating conflict between Israel and…
Capesize The Capesize market enjoyed a strong upward trajectory this week, driven by consistent gains in the Pacific and mounting support in both South Brazil and the North Atlantic. The…
Sea cargo rates have surged, with those for the voyage from Shanghai to the US particularly steep, fuelled by pent-up demand and front-loading as shippers rush to beat the US-China trade…
Homeland Security said it's holding eight illegal immigrants in a shipping container at an American military base in the African country of Djibouti after a federal judge last month halted…
Barry Diller‘s book tour for his recently-published memoir “Who Knew” hit New York City’s 92Y, where moderator Anderson Cooper asked Diller during a Q&A to reveal “the most coked-up film…
Port congestion is worsening at key gateways in northern Europe and other hubs, according to a new report which suggests trade wars could spread maritime disruptions to Asia and the US and…
Port congestion is worsening at key gateways in northern Europe and other hubs, according to a new report which suggests trade wars could spread maritime disruptions to Asia and the US and…
