The global container shipping market is entering a downward phase, as spot market rates decline for the fifth consecutive week.
The downward trend in rates...
Aker Solutions has been awarded a major five-year contract with Aker BP for Maintenance, Modification and Operation services (MMO). The contract covers all Aker...
SeaLead announced the appointment of Cho Kit Wei as Chief Executive Officer of SeaLead, effective 2 March 2026. Kit currently serves as Chief Operating...
ZIM Integrated Shipping Services Ltd. announced that it has entered into a merger agreement, under which Hapag-Lloyd will acquire ZIM for $35.00 per share...
APM Terminals, a subsidiary of A.P. Moller – Maersk (Maersk), and Eurogate aim for and are in advanced negotiations for a long-term partnership under...
DP World Limited announces that Group Chairman and CEO, Sultan Ahmed bin Sulayem has resigned from the company, effective immediately.
The Board announces that His...
Pacific Basin Shipping announced that on 16 February, 2026, the company, The Caravel Group and Caravel Maritime Ventures entered into a shareholder’s agreement in...
The Management Board of Hapag-Lloyd Aktiengesellschaft is in advanced negotiations regarding a potential acquisition of all shares in its Israeli competitor Zim Integrated Shipping...
Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...
The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...
DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...
The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...
