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Recession looms as tariffs turn trade upside down

Tariffs are driving global markets into recession, succumbing to the inevitable supply and demand imbalance as carrier capacity rises and demand diminishes. Shipping lines are...

Hapag-Lloyd reports strong Q1 growth amid market uncertainty, warns of softer full-year outlook

Hapag-Lloyd announced increased revenue and earnings in the first quarter, per the preliminary and unaudited report. In particular, the German ocean carrier reported a 17%...

Shipping Stock Breakdown: April Performance Amid Global Trade Tensions

April 2025 unfolded as a month of high tension and shifting dynamics, as container lines faced simultaneous pressures from geopolitical instability and economic policy...

Hapag-Lloyd announces new direct link between Türkiye and West Africa

Hapag-Lloyd has announced the introduction of a new direct connection between Türkiye and key West African ports. Starting May 2025, the German carrier's updated WAX...

Hapag-Lloyd implements peak season surcharge from Asia & Oceania to Kenya

Hapag-Lloyd has announced a new Peak Season Surcharge (PSS) for shipments from Asia and Oceania to the port of Mombasa in Kenya. This surcharge will...

Hapag-Lloyd applies PSS from Europe to America

German container line Hapag-Lloyd has announced a new peak season surcharge (PSS) for shipments from Europe to America. The surcharge will apply for Canada and...

Hapag-Lloyd introduces GRI from Asia and Oceania to Latin America

German ocean carrier Hapag-Lloyd has announced a General Rate Increase (GRI) from Asia and Oceania to Latin America. This GRI will apply to cargo transported...

Small parcel exports to be hit by Trump policies

Single shipments out of China will be one of the hardest hit industries as consolidation in containers for single parcels will no longer be...

Hapag-Lloyd applies peak season surcharge from Asia to Tanzania

German ocean carrier Hapag-Lloyd has announced a Peak Season Surcharge (PSS) for shipments from Asian ports to the port of Dar es Salaam in...

Hapag-Lloyd implements peak season surcharge from East Asia to US and Canada

Hapag-Lloyd has announced a Peak Season Surcharge (PSS) from East Asia to North America, effective from 12 May until further notice. The German ocean carrier...
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