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Shipping & Trade

ONE expands India-Middle East-Africa network

Ocean Network Express (ONE) has launched two new services connecting India and the Middle East with East Africa, expanding its regional network with improved transit times and additional routing options....

Panama Canal cuts transit slots as dry spell persists

The Panama Canal Authority has announced temporary reductions to transit capacity at its locks, along with changes to its daily slot auctions, as reduced rainfall continues to affect the canal...

ZIM posts $64 million Q2 profit on Transpacific strength

ZIM reported net income of $64 million for the second quarter of 2026, up from $24 million a year earlier, as strong demand on the Transpacific trade lifted freight rates...

Vessel delays absorb 1.7 million TEUs of capacity

Global container shipping schedule reliability remains stuck at around 60–65 per cent, well below the 70–80 per cent range recorded between 2011 and 2019, according to the latest Sea-Intelligence analysis....

MacGregor to equip six LNG boxships for CMA CGM

MacGregor has been selected to deliver a comprehensive scope of cargo handling solutions for six 1,700 TEU dual-fuel LNG-powered containerships being built at Cochin Shipyard Limited (CSL) in India for...

ONE announces new EFS rates on key trade lanes

Ocean Network Express (ONE) has revised the quantum of its Emergency Fuel Surcharge (EFS) across a number of trade lanes, building on an earlier update issued on 20 July 2026....

Xeneta warns shippers face 41 per cent jump in long-term rates

Peter Sand, Chief Analyst at Xeneta, has warned that Middle East war disruption is now spreading into the long-term freight contract market. Average long-term rates from the Far East to...

Cadeler orders two offshore wind vessels in €805m deal

Cadeler has signed firm contracts with COSCO Shipping Offshore for two new T-class offshore wind installation vessels, with deliveries scheduled for 2030 and 2031. The two-vessel order has an aggregate...

Low water disrupts Rhine and Dutch barge operations

Low water levels are disrupting inland container transport in Germany and the Netherlands, prompting Maersk to introduce alternative routings and temporary surcharges across several barge corridors. On the Rhine, rapidly...

Evergreen steps up sanctions checks on shipping boxes

Evergreen Line has notified customers of tightened due diligence requirements around economic sanctions compliance, with particular focus on Shipper Owned Containers (SOC). SOC is equipment owned by shippers rather than...

Hormuz transits fall 52 per cent amid rising tanker risk

Transits through the Strait of Hormuz fell 52 per cent week-on-week, according to Lloyd’s List Intelligence’s latest Weekly Maritime Risk Briefing. Outbound journeys were down 46 per cent, while inbound...

Medov Group acquires 22 per cent stake in Riviera Marine

Medov Group has acquired a 22 per cent stake in Riviera Marine SAM, a Monaco-based independent operator in bunker trading and the global supply of marine fuels and lubricants. The...

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