Maersk pulls Gulf cargo from Jeddah amid Hormuz strain
A.P. Moller-Maersk (Maersk) has moved to restructure its Middle East transhipment network, pulling selected Gulf-bound cargo away from Jeddah and rerouting it through alternative hubs as the carrier braces for...
Carrier profits crash as freight rates bite in Q1 2026
Container shipping’s combined EBIT plummeted from $5.47 billion to $1.35 billion in Q1 2026, as freight rate declines of up to 26 per cent drove several of the world’s largest...
Xeneta warns shippers as spot rates surge 80 per cent
Container spot rates are surging across major trades, with early Xeneta data pointing to rates on the Far East to US West Coast Transpacific trade exceeding 80 per cent above...
MPCC holds firm in Q1 with 99 per cent contract coverage
MPC Container Ships (MPCC) has delivered a steady set of Q1 2026 results, with near-total contract coverage and improved fleet utilisation offsetting a year-on-year dip in revenues and earnings. Operating...
Maersk targets China-India demand with FI2 launch
A.P. Moller – Maersk is launching a new dedicated ocean service on the China–India trade lane, with the first westbound sailing departing Shanghai on 4 June 2026. According to Maersk,...
Asia trade lanes split on schedule reliability
New analysis from Sea-Intelligence reveals a deeply divided picture of schedule reliability across global shipping trade lanes. Some corridors are achieving high stability while others remain structurally volatile. The findings,...
Transpacific holds firm while Europe fades in May
Global container freight markets are moving in opposite directions, Transpacific rates holding firm at elevated levels while European trades slide back towards pre-conflict norms. The divergence exposes the differing resilience...
ONE updates UK-Ireland service link
Ocean Network Express (ONE) has revised its Irish Sea Express (IRX) service rotation in a move aimed at improving network efficiency and strengthening schedule reliability across its European short-sea offering....
Hapag-Lloyd Q1 hit by rates and disruption
Hapag-Lloyd has reported a weaker start to 2026, with lower freight rates and operational disruption from severe weather and the Strait of Hormuz blockage weighing on earnings. The carrier posted...
CMA CGM revises SIRIUS Transatlantic service
CMA CGM Group has updated its SIRIUS service linking the Mediterranean with the East Coast of South America. The French carrier has revised its rotation and refined call patterns as...
GSBN integrates ODeX for eBL trade digitisation
Global Shipping Business Network (GSBN) has integrated its API with ODeX to enable the processing of IQAX electronic bills of lading (eBL) directly within a single workflow, advancing paperless trade...
Liner schedule reliability hits 62.2 per cent in March
Global container shipping is operating with a structural capacity loss, as vessel delays now consistently absorb millions of TEUs that would otherwise be available to the market. The latest analysis...
