U.S. President Donald Trump said on Tuesday he would briefly pause an operation to help escort ships through the Strait of Hormuz, citing progress toward a comprehensive agreement with Iran.'We have mutually agreed that, while the Blockade will remain in full force and effect, Project Freedom ... will be paused for a short period of time to see whether or not the Agreement can be finalized and signed…
Shipping group Maersk said on Tuesday it had halted its service via Ukraine's Chornomorsk Fishing Port, an announcement made after Russia intensified its attacks on Kyiv's maritime export routes.Maersk is the second large company to stop operations…
Shipping groups Maersk and Hapag-Lloyd will resume some sailings through the Suez Canal under their Gemini joint network, Maersk said on Monday, hitting shares of both companies because of the potential impact on freight rates.The Asia-Europe…
A new joint study using the Port of Rotterdam as a case study “Enabling Nuclear-Powered Feeder Ships: A Joint Development Project on Port Call Feasibility and Regulatory Pathways” has found that existing port safety and risk-management frameworks…
The cost of shipping a container of goods from Asia to the United States has doubled since the start of the Iran war, driven by spiking fuel prices and an uptick in demand from importers who are worried costs will only rise further as the conflict wears on…
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…
A consortium led by Stillstrom by Maersk has secured $5.8 million (€5 million) in funding from the European Union’s Horizon Europe program to develop and test offshore charging infrastructure for vessels at anchor in Denmark.The three-year SPARK…
The U.S. military said on Monday it destroyed six Iranian small boats and intercepted Iranian cruise missiles and drones as Tehran sought to thwart a new U.S. naval effort to open shipping through the Strait of Hormuz.U.S. President Donald Trump launched the operation…
Panama President Jose Raul Mulino said his country maintains a positive relationship with China despite being caught up in a dispute between the Asian superpower and the U.S., and defended Panama's takeover of port contracts held by Hong Kong's CK Hutchison…
Hanseatic Global Terminals (HGT) Latin America has announced the appointment of Paulo Ruy Tung Pedroso as its new Senior Vice President Commercial for the region, effective June 1, 2026.The Paulo Ruy Tung Pedroso holds a Bachelor’s degree in…
FarEye, a global last-mile delivery technology company, launched PILOT, an agentic AI dispatcher designed to autonomously manage end-to-end logistics dispatch workflows with human-in-the-loop governance.Built for enterprise logistics operations…
Hong Kong-based conglomerate CK Hutchison's Panama unit has launched an arbitration against Maersk after the takeover of two strategic ports near the Panama Canal which are at the center of a legal battle that has embroiled Beijing and Washington…
German shipping company Hapag-Lloyd is incurring additional costs of $40 million to $50 million per week due to the ongoing conflict in the Middle East, a burden described as 'not sustainable for a long time' by Chief Executive Rolf Habben Jansen on Thursday…
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…
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…
