Ocean Network Express (ONE) reported a profitable first quarter for fiscal 2026, overcoming higher fuel costs and geopolitical disruptions through strong cargo demand, disciplined capacity management and rising freight rates, while continuing to invest in fleet modernization under its long-term ONE2030 strategy.For the quarter ended June 30, 2026, the Singapore-based container carrier generated revenue of $4…
Hapag-Lloyd reported a recovery in second-quarter 2026 earnings as stronger container volumes and spot rates helped counter roughly $600 million in additional costs stemming from the Middle East conflict.The German container shipping group posted Q2 EBITDA of $829 million…
Danish shipping group Maersk on Thursday raised its full-year earnings guidance for a second time this year and smashed profit forecasts as global container demand proved resilient in the face of the Middle East conflict.Surging freight rates…
Descartes Systems Group has released its August Global Shipping with figures indicting that July 2026 U.S. container import volumes increased 4.5% over June to 2,508,310 TEUs, reflecting typical month-over-month seasonal growth.July U.S. containerized…
DP World has reached a major construction milestone at the Port of Ndayane with the completion of dredging works 13 months ahead of schedule. More than 1,000 people are currently employed directly on the project as construction activity accelerates…
The Houston Ship Channel region showed resilient trade activity, while Port Houston's public terminals recorded strong June container volumes and a moderate rebound for steel cargo.Key TakeawaysHouston Ship Channel region total trade increased 17% through May…
Activity along the Houston Ship Channel continues to strengthen America’s energy competitiveness and Port Houston’s public terminals record best monthly container volumes since last summer.Key TakeawaysStrong demand for U.S. energy products…
'Even if the Strait of Hormuz reopens, significant uncertainty will remain and continue to shape market outcomes,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.Key uncertainties include whether the US/Iran agreement will hold, when the Strait of Hormuz (SoH) will fully reopen…
DP World Cochin’s International Container Transshipment Terminal (ICTT) achieved its highest monthly throughput in May 2026 for CY2026, handling 77,637 twenty-foot equivalent units (TEUs). The milestone reflects the terminal’s growing role in…
Imports to the busiest U.S. container port in Los Angeles hit the second-highest level in history during May, as retailers rushed in products like plastic school supplies before cargo ship owners start recouping higher fuel costs from the Iran war on July 1…
The Maritime and Port Authority of Singapore (MPA) and MSC Mediterranean Shipping Company have signed a Memorandum of Understanding (MoU) to strengthen collaboration in maritime decarbonization, digitalization, innovation, and manpower development…
Maersk has announced the launch of FI2, a new dedicated ocean service connecting Far East Asia to the Indian subcontinent, with the first Westbound sailing departing Shanghai on June 4.The service has been introduced in direct response to growing…
CMA CGM delivered a resilient first quarter, but the numbers underscore the increasingly complex environment facing the global container shipping and logistics giant.The Marseille-based group reported first-quarter revenue of $13.23 billion…
Shipping giants CMA CGM and Hapag-Lloyd said on Sunday they had suspended all bookings to and from Cuba until further notice, with both citing a U.S. executive order issued on May 1, in the latest blow to the crisis-wracked island's economy…
The CMA CGM Group has signed a high-level framework agreement for joint cooperation with Keynan institutional authorities to develop Kenya’s logistics and port capacity.The objective is to accelerate solutions that support the growth of supply…
