ZIM Integrated Shipping Services reported third-quarter 2025 earnings that, while sharply lower year-on-year, demonstrate the carrier’s ability to generate meaningful profit and cash flow in an increasingly volatile global container market. Revenues fell 36% to $1.78 billion as freight rates continued to normalize from 2024 highs, and net income dropped to $123 million, compared with $1.13 billion a year ago…
Panama is participating this week in the 34th session of the Assembly of the International Maritime Organization (IMO), the most significant forum within the global maritime system and the specialized governing body of the United Nations, from November 24 to 28…
The livestock carrier Spiridon II has unloaded cattle in the Libyan city of Benghazi after being stranded off the Turkish coast for more than a month after a month-long voyage from Uruguay with nearly 3,000 cattle on board.The Spiridon II is now back at sea…
Baltic Exchange has launched a new Time Charter Equivalent (TCE) earnings calculator, designed to bring clarity and consistency to freight assessments in an increasingly complex market. The calculator builds on the Baltic’s long-standing TCE methodology…
The Federal Maritime Commission (FMC or Commission) investigates and negotiates settlements and informal compromises of civil penalties in relation to potential violations of the Shipping Act and Commission regulations. Recently, the Commission…
Every year, more than 11 million tons of cargo move through SeaPort Manatee on the coast of west central Florida. With nearby connections to a wide range of interstates and railroads, this busy port moves trade forward as an essential component of the global supply chain…
The LPS 420 portal crane has been successfully installed at Nuh Çimento’s private port in Hereke, Türkiye, where it is now supporting high-volume bulk handling operations. The new portal crane replaces a Liebherr LPS 400 that had been in continuous operation since 1999…
CMA CGM closed the third quarter of 2025 with a mixed scorecard that underlines how volatile geopolitics continue to reshape global liner networks. Group results fell year-on-year, but the core shipping arm lifted liftings and stabilized sequentially…
With over 187 years of experience, Wilson Sons has earned the 2025 Sustainability Seal in the Diamond category after a technical assessment conducted by Brazil’s Ministry of Ports and Airports (MPor). The awards ceremony was held Wednesday, November 12…
At the Annual General Meeting of the International Group of P&I Clubs in London on November 11, 2025, Rolf Thore Roppestad was appointed as the new Chair of the International Group of P&I Clubs.Roppestad succeeds Andrew Cutler, who has served since November 2022…
Fuel-agnostic and suitable for newbuilds and retrofit, Organic Rankine Cycle waste heat recovery systems are making headway as an energy-efficiency measure.Market prospects are looking so good for waste heat recovery systems that Orcan Energy…
Damen Shipyards Group unveiled the latest platform in its cargo vessels portfolio: the Combi Freighter (CF) 5000 ICE, the first in a new series of ice class cargo vessels.“Our aim has been to leverage the experience and the success we’ve enjoyed…
U.S. ocean shipping company Matson MATX.N has paid $6.4 million in port fees to China since they were implemented on October 14, CEO Matt Cox said on Tuesday.President Donald Trump and President Xi Jinping last week agreed to put those tit-for-tat levies on pause for 12 months…
Several shipments of wheat that had been delayed for weeks at Egyptian ports due to payment issues have now been cleared to unload after the problems were resolved, Egypt's state grain-buyer Mostakbal Misr told Reuters on Thursday.Around eight vessels carrying roughly 200…
The Panama Canal launched a consultation process with representatives of the maritime industry to identify potential partners interested in developing port terminals on both the Atlantic and Pacific sides of the waterway.Following a process…
