MacGregor has launched its new Balanced Lashing System, a solution designed to solve the long-standing industry challenge of uneven load distribution in container ship lashings.On conventional container ships, lashings often share loads unevenly, with upper lashings bearing the majority of the stress while lower lashings operate at only about half of their safe capacity. The Balanced Lashing System changes this dynamic by using proven elastic elements…
BIMCO has released its Container Shipping Market Overview & Outlook March 2026 saying the Iran war amplifies outlook uncertainty.'Following the start of attacks on Iran on 28 February, transits through the Strait of Hormuz have effectively stopped…
Hapag-Lloyd has published its annual report for the 2025 fiscal year, announcing that the group EBITDA stood at $3.6 billion (EUR 3.2 billion) and profits at $1.0 billion (EUR 0.9 billion).The result was at the upper end of the earnings forecast…
Ship-refuelling companies along Africa's coast are seeing a surge in business as more vessels divert around the Cape of Good Hope, with war in the Middle East reshaping global shipping routes and boosting the continent's role as a bunkering hub…
The Port of Oakland processed 163,254 TEUs in February 2026, a 16.7% decline from January and a 14.5% decrease year over year, as vessel activity slowed due in part to observation of the Lunar New Year.Vessel calls declined from 86 in January to 72 in February…
The Northwest Seaport Alliance (NWSA) reports that February 2026 total container volume (international and domestic) reached 207,725 TEUs, down 19.4% compared to February 2025, when shippers were frontloading cargo ahead of expected tariffs…
Ports of Indiana has opened its first international trade office in Ireland to grow cargo shipments and support the launch of a direct Europe-Indiana container service. Maritime trade veteran, Brian Dooley, will lead the new European Trade Office…
Shipping company MSC has signed a 45-year concession agreement with Nigerian maritime company Nigerdock to develop, operate and maintain a new container terminal at Snake Island Port in Lagos, the Switzerland-based company said.The dedicated…
The container shipping sector continued its gradual normalization in 2025, and ZIM Integrated Shipping Services’ latest financial results offer a clear snapshot of the industry’s transition away from the extraordinary profits generated during the pandemic-era freight surge…
MSC, the world's largest carrier of ocean container cargo, said on Tuesday all cargo bound for ports in the Gulf will be offloaded at the nearest safe seaport due to ongoing hostilities in the Middle East following U.S. and Israeli attacks on Iran…
Container ships account for roughly 100 of the 750 ships ensnared in the Strait of Hormuz backups following U.S. and Israeli attacks on Iran, Jeremy Nixon, CEO of container carrier Ocean Network Express (ONE), said on Monday.'About 10% of the container ship global fleet is caught up in this…
Shipping companies Maersk, Hapag-Lloyd and CMA CGM are rerouting vessels around Africa, away from the Suez Canal and the Bab el-Mandeb Strait, after U.S. and Israeli strikes on Iran and the closure of the Strait of Hormuz.'Due to the deteriorating…
“Average spot rates are down this week across all main fronthaul trades out of the Far East. From Far East to US West Coast and US East Coast, it is a textbook market development with falling spot rates coinciding with a slight uptick in offered capacity…
Samskip has announced an agreement with short sea shipping and multimodal operator CLdN to sell its UK and Ireland (UKI-trade) door-to-door and quay-to-quay cargo business.The transaction will enable Samskip to focus even more on the company’s…
CMA CGM is preparing to launch an electric inland barge on France’s Fos-Lyon corridor, with an annual potential of nearly 12,000 TEUs.The initiative aims to promote a regular, reliable, competitive and decarbonized logistics solution between the Port of Marseille-Fos…
