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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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November 6, 2025
Shipping group A.P. Moller-Maersk reported a third-quarter operating result above expectations on Thursday and increased its lower end of the full-year profit outlook. Maersk reported that its underlying earnings, before interest, taxes, depreciation…
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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
The port authorities in Antwerp-Bruges, Belgium reported that the four-day strike by Flemish harbour captains against federal pension reforms has severely affected marine traffic. The port of Antwerp, which normally processes 60-80 ships per day…
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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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October 7, 2025
The company announced on Tuesday that Spain's Molgas had acquired the Dutch liquefied gas bunker supplier Titan after acquiring a 45% share in 2023. The demand for LNG bunkering has increased in recent years, with the introduction hundreds of ships which can run on this fuel.
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September 8, 2025
An executive from shipping company Maersk said that there is a very high risk that oil prices will fall due to a slight increase in demand, and an increased OPEC+ output. This was his message at the APPEC Conference in Singapore. Emma Mazhari…
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June 23, 2025
Insurance sources reported on Monday that war risk insurance rates for shipments into the Middle East Gulf region have increased to 0.5%, up from 0.2-0.3% one week earlier. This is due to U.S. strikes on Iran's nucleus facilities and the growing dangers to the Strait of Hormuz.
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June 23, 2025
Marine Traffic's ship tracking data revealed on Monday that three empty oil and chemicals tankers had diverted from the Strait of Hormuz, and changed their course. This was amid increasing uncertainty about whether Iran would retaliate in the crucial waterway following U.S.
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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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June 17, 2025
Mitsui O.S.K., Japan's second-largest shipping company. Lines (MOL), Malaysia's Misc Bhd, and Petroliam Nasional Bhd(Petronas), have formed a joint-venture. It said Tuesday that it will operate Liquefied carbon dioxide (LCO2) carriers. MOL announced that the joint company Jules Nautica Sdn.
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May 22, 2025
Poland is investigating whether explosive devices have been planted after a Russian "shadow fleet's" ship was seen suspiciously moving near a cable connecting Poland and Sweden on Wednesday. According to Polish Prime Minister Donald Tusk, Poland will be looking into the matter.
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May 14, 2025
Hapag-Lloyd's CEO Rolf Habben Jansen said on Wednesday that the company is experiencing a higher demand this week for freight traffic between China and the United States, following the detente reached in the trade dispute between the two countries.
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May 12, 2025
Maersk, a Danish shipping company, said that on Monday the agreement between China & the United States on a 90-day suspension of tariffs & reciprocal duties is a positive step. At 0948 GMT, shares of Maersk were trading 12.9% higher. In an email…
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May 8, 2025
Shipping group A.P. Moller-Maersk reported a first-quarter operating income that was above expectations on Thursday and maintained its profit forecast for the full year. In a press release, CEO Vincent Clerc stated that "we delivered strong results in comparison to the same quarter of last year.
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May 2, 2025
The Peruvian Defense Ministry announced on Friday that two people were killed and another was missing after a Peruvian Navy vessel collided on the Amazon River with a Perenco oil platform. The B.A.P. was navigating the area during a transit operation.
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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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April 2, 2025
Maersk, the Danish shipping company, has seen a strong demand from the United States this year. It expects it to continue. However, President Donald Trump's proposed tariffs could cloud its outlook. Maersk published its regular global market forecast before Trump…
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February 5, 2025
Hapag-Lloyd, a container shipping liner, will be able cope with U.S. Tariffs on Chinese Products. This was the chief executive's message to reporters on Tuesday. Rolf Habben Jansen, CEO of Rolf Habben Jansen, said that it was too early to panic…
