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Trump administration seeks to negotiate with China on shipping as it pauses port fees

WASHINGTON D.C. : The Trump administration said on last Thursday it would pursue negotiations with China over its dominance of shipbuilding and ocean logistics...

Grounded container ship MSC Baltic III damaged by ‘extreme wind’ and rough seas

CEDAR COVE : The grounded container ship MSC Baltic III on Newfoundland's west coast has been damaged by high winds and storm surge in...

EU forces free crew after Somali pirate attack on tanker

SOMALIA : European Union naval forces have rescued 24 sailors from a Maltese-flagged oil tanker that was attacked by pirates off the coast of...

Shanghai Port crosses 40 Million TEU Mark, Reinforces Global Leadership

SHANGHAI: China’s maritime sector continues to demonstrate remarkable strength as Shanghai Port crossed the landmark threshold of 40 million TEUs, consolidating its position as...

Berli Jucker Logistics partners with DHL Supply Chain Thailand to elevate Thailand’s Logistics to Global Standards

BANGKOK:  Berli Jucker Logistics ("BJL"), under the BJC Big C Group, has entered into a landmark partnership with DHL Supply Chain (Thailand) through the signing of a...

BIO-UV strengthens position in Italy

PARIS: France-based BIO-UV Group has strengthened its presence in Southern Europe by appointing Italian marine solutions company Navaltecnica Srl as its official agent and...

Drewry: World Container Index up 8% last week

LONDON: Drewry’s World Container Index increased 8% to $1,959 per 40ft container this week. Drewry's detailed assessment for Thursday, 06 Nov 2025 The Drewry World Container...

Baltic Index hits over Three-Week High, Ends week firmer

LONDON: The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to an over three-week high on...

Maersk announces strong performance for Q3 2025 with EBITDA at USD 2.7bn and EBIT at USD 1.3bn amid operational gains

COPENHAGEN : Maersk reported strong financial results in the third quarter of 2025, driven by operational improvements and proactive cost measures. The company achieved sequential...

A Decade on the Stock Exchange: Hapag-Lloyd Marks 10 Years of Sustainable Growth and Value Creation

HAMBURG: Hapag-Lloyd celebrates the tenth anniversary of its listing on the Frankfurt Stock Exchange. Since its IPO in November 2015, the Hamburg-based company has evolved into...

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