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April 10, 2026
A British official who was aware of the discussions said that Britain would convene the latest round of talks next week with its allies to discuss a way to open up the Strait of Hormuz for shipping without paying tolls to Iran. The official…
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April 8, 2026
Hapag-Lloyd expressed cautious optimism on Wednesday about the prospects of resuming shipping in the Strait of Hormuz after a?two-week 'ceasefire' agreed by?the U.S.?and Iran. However, it said that normal traffic across its entire network would not resume for at least six to eight weeks.
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March 28, 2026
Maersk, a Danish container shipping company, has temporarily suspended?its operations?at the Port of Salalah in Oman. This was due to a security incident which occurred on Saturday morning. The shipping giant released a statement saying that all Maersk crew were safe and accounted.
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March 23, 2026
Keir Starmer, Britain's Prime Minister, said on Monday that his government may re-examine the powers of the Competition Regulator to combat price gouging in the energy market. Starmer, a member of a parliamentary committee, said: "We are looking at ways to combat 'profiteering.
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March 23, 2026
Keir Starmer, British Prime Minister, said on Monday that Britain must prepare for the possibility that a war with Iran could last for some time. He added that there were no "meaningful" concerns about energy supply. Starmer said that the emergency…
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March 23, 2026
The number of ships diverting around the Cape of Good Hope is increasing, as the Middle East war has reshaped global shipping routes. This boosts the role of Africa as a hub for bunkering. Since late 2023 when Houthi attacks against Red?Sea?shipping?began…
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March 4, 2026
Shipping sources reported that the crew of the Maltese container ship Safeen Prestige abandoned ship after it was damaged by a projectile as it sailed towards?the top of the Strait of Hormuz? on Wednesday. Vanguard, a British maritime risk management company…
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December 4, 2025
Hapag-Lloyd's chief executive, who is the fifth-largest container company in the world, said that there was no set date for the return of shipping through the Suez Canal. In an online chat with customers, CEO Rolf Habben Jansen said that no date has been set for a return to normal operations.
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November 13, 2025
Hapag-Lloyd, a German container shipping firm, said on Thursday that it has noted calmer conditions around the Suez Canal following a ceasefire during the Gaza conflict. However it will not reopen sailings until the canal is safe. In a conference call with analysts…
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February 16, 2026
Hapag-Lloyd, a German shipping company, announced on Monday that it would purchase Israel's ZIM for $4.2 billion. This will cement its position as the fifth-largest group in the world. The deal was met with a backlash from Israelis, as ZIM employees at the Haifa headquarters went on strike…
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February 4, 2026
On Wednesday, German Chancellor Friedrich Merz started a tour to Saudi Arabia, Qatar and the United Arab Emirates to form energy and arms partnerships as Europe's largest and richest economy tries to reduce its dependence on the U.S. Merz, at the beginning of his three-day visit…
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January 12, 2026
Maersk, a Danish shipping company, announced on Monday that one of its vessels had successfully navigated the Red Sea and Bab El-Mandeb Strait. This comes weeks after the firm tested the route in anticipation of normal shipping traffic following the Gaza ceasefire.
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November 5, 2025
The Turkish conglomerate Borusan Yatirim announced in a Wednesday stock exchange filing that France's CEVA Logistics had completed the acquisition of Turkish logistic provider Borusan Tedarik for $383m from Borusan Yatirim. CEVA of Marseille…
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October 8, 2025
Abu Dhabi National Oil Company announced on Wednesday that six of its publicly listed subsidiaries would distribute 158 billion AED (43.02 billion dollars) in dividends before 2030. ADNOC Gas signed a contract worth 146,9 billion AED (40 billion dollars) for the Ruwais project.
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June 20, 2025
Maersk, a container shipping company, announced on Friday that it temporarily suspended vessel calls to Israel's Haifa Port due to regional tensions. The Danish company stated that it had not experienced any other disruptions in its planned operations in the area.
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April 27, 2025
According to a Turkish filing, CEVA Corporate Services, a subsidiary of French shipping giant CMA CGM, has agreed to buy Borusan Tedarik Zinciri Cozumleri ve Teknoloji's logistics division for $440m. Borusan Yatirim stated in the filing on the…
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November 15, 2024
Danish logistics and shipping firm DFDS announced on Friday that it has agreed to purchase the international transport network of Turkey's Ekol Logistics, overturning a two-week-old decision to cancel the deal. DFDS stated that the acquisition was finalized after renegotiating some terms.
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July 23, 2024
Two people with knowledge of the sale said that Saudi Arabian Bahri dropped its bid to buy Schenker's German logistics unit from Deutsche Bahn, reducing the competition down to DSV or CVC. Sources said that the departure of Bahri means that…
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July 23, 2024
Denmark's A.P. Moller-Maersk, the Danish A.P. Maersk, among other shipping companies, has diverted ships around Africa's Cape of Good Hope to avoid attacks from Iran-aligned Houthi terrorists in the Red Sea since December. The longer voyage times have pushed freight rates up.
