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Global Trade

CMA CGM expands PANAMA DIRECT with new Cork call

CMA CGM has announced a new port call in Cork, Ireland, as part of its strategy to expand transatlantic coverage and strengthen service options for the Irish market. This addition...

Wan Hai Lines implements rate restoration on Asia trades

Wan Hai Lines has announced a targeted rate adjustment across its Asia trades following a review of recent developments in the Middle East and their impact on operating conditions. Effective...

CMA CGM updates Türkiye PSS as PCRF XL service launches

CMA CGM Group has issued a revision to its Peak Season Surcharge (PSS), covering shipments from Türkiye to a range of destinations across Latin America and the Caribbean. The updated...

Panama Canal advances Vision 2035 expansion strategy

The Panama Canal Authority is advancing a series of infrastructure and sustainability projects under its Vision 2035 strategy aimed at expanding capacity, improving operational reliability, and strengthening the Panama Canal’s...

CMA CGM expands Caribbean network with PCRF XL route

CMA CGM Group has launched the PCRF XL maritime service, a weekly route linking Northern Europe with the French West Indies and Central America. The service connects Port of Dunkirk...

Red Sea risks drive NCFI to record highs

The composite Ningbo Containerized Freight Index (NCFI) surged 16.1 per cent week-on-week to 1,147.5 points in Week 10, largely propelled by rising insurance premiums amid heightened Red Sea risk. Of...

Hapag-Lloyd, ONE, Maersk adjust routes after Strait closure

Hapag-Lloyd, Ocean Network Express (ONE), and A.P. Moller-Maersk (Maersk) have all implemented precautionary measures amid rising Middle East tensions following the effective closure of the Strait of Hormuz. Hapag-Lloyd has...

UK exporters face new €3 duty on low-value EU parcels

The Rhenus Group has warned UK businesses selling goods to the European Union (EU) to prepare for major changes to customs processing of low-value parcels from 1 July 2026. The...

Global container reliability dips to 62 per cent in January

Global container schedule reliability eased slightly in January 2026, slipping 0.4 percentage points month-on-month (MoM) to 62.4 per cent, according to Sea-Intelligence’s latest Global Liner Performance report. While the overall...

Global Market Dynamics: Navigating Volatility and Risk

The opening panel of day one at the Maritime Information Services Shipping Summit in Athens explored how macroeconomic trends, geopolitical developments, and shifting trade routes are shaping shipping companies’ strategies...

Hapag-Lloyd signs $4bn merger with ZIM

Hapag-Lloyd and Israeli carrier ZIM Integrated Shipping Services have signed a definitive merger agreement that can reshape the global container shipping landscape. The agreement, announced on 16 February 2026 by...

NYK Bulk Carrier cuts 65 per cent GHG using methanol fuel

NYK Bulk & Projects Carriers Ltd. (NBP), part of the NYK Group, has completed the operation of its methanol dual-fuel bulk carrier Green Future on a copper concentrate voyage for...

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