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Hong Kong’s Shipping Status Under Challenging Geopolitical Shifts

Several shipping firms are quietly shifting their operations away from Hong Kong and withdrawing vessels from the Hong Kong flag registry. This trend is driven...

Shipping Stocks Overview: Weekly Market Highlights

The container shipping sector experienced a mix of steady performances and price fluctuations over the past week, as investors reacted to global trade dynamics,...

DP World, Mawani unveil South Container Terminal at Jeddah Islamic Port

DP World and the Saudi Ports Authority (Mawani) have inaugurated the cutting-edge South Container Terminal at Jeddah Islamic Port, marking a significant milestone in...

Inside BlackRock’s Role in the Game-Changing Port Acquisition Deal

BlackRock, through a consortium that includes its subsidiary Global Infrastructure Partners (GIP) and MSC's Terminal Investment Limited (TIL), has agreed to acquire the international...

Maersk’s rate-cutting shows flop of Gemini’s reliability promise

Maersk Line has been singled out for aggressive discounts on Asia-North Europe rates, as consultancy Linerlytica suggested that Gemini Cooperation, the Danish carrier’s alliance...

Fire risks at ports: TT Club warns of ongoing threat

An analysis of TT Club, international freight and cargo handling insurer, says that fire accounts for one-fifth of all losses and damage to port...

Tariff rollouts and prevailing uncertainty challenging logistics

President Trump – after a one month postponement – introduced 25% tariffs on all Mexican and Canadian imports to the US and added another...

Global tank container fleet exceeds 880,000 units

The International Tank Container Organisation (ITCO) has published its 13th Annual Tank Container Fleet Survey, which estimates that, on 1 January 2025, the global...

Global bunker indices continue downward trend

At the end of the 10th week of the year, the Marine Bunker Exchange (MABUX) indices continued their downward trend. The 380 HSFO index dropped...

Further rerouting scenarios unfold due to the Red Sea crisis

Recent sanctions imposed by the US Treasury's Office of Foreign Assets Control (OFAC) have disclosed active coordination between Houthi leaders and officials from Russia...

Container shipping facing uncompromising economic reality

Shifts in services on key trade lanes are heralding the first frost of an economic winter that promises to be severe and could be...

ICTSI boosts annual revenues and earnings

Global port and terminal operator International Container Terminal Services, Inc. (ICTSI) reported audited consolidated financial results for 2024, posting revenue from port operations of...

Latest Posts

Sinolines and China Merchants affiliates intensify control over Antong

Antong Holdings, the holding company of domestic shipping line Quanzhou Ansheng Shipping, could be the target of a hostile takeover by Sinotrans Container Lines (Sinolines) after...

MPA partners with InstaSG to celebrate Singapore’s maritime heritage

As part of Singapore’s 60th year of independence celebrations, the Maritime and Port Authority of Singapore has partnered with InstaSG for the 2025 edition...

Eimskip sells vessel Lagarfoss

Eimskip has announced the sale of its container vessel Lagarfoss, a ship that’s been a core part of the company’s fleet for over a...

Chinese ports hold steady in June

According to Japan International Freight Forwarders Association (JIFFA), port operations at China’s major gateways remained steady through June, even as global counterparts, particularly in...

DP World’s Tartus takeover redraws Eastern Mediterranean shipping map

In a bold move signaling a new era for East Mediterranean maritime logistics, UAE-based DP World has assumed control of Syria’s Port of Tartus,...
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