CMA CGM revenue jumps 19 per cent despite Middle East risk
CMA CGM Group reported revenue of $15.7 billion for the second quarter of 2026, up 19.2 per cent year-on-year (YoY). EBITDA reached $3.0 billion, an increase of 31 per cent,...
Carriers use blank sailings to curb market supply
New data from Sea-Intelligence’s Blank Sailings Tracker shows that blanked capacity across major East-West trade lanes is growing significantly faster than overall fleet capacity. The comparison covers 2026-1H figures against...
Meiji Shipping Group has selected FrontM’s INFOTAINMENT module to strengthen fleet communication, ship-shore collaboration and crew engagement, rolling the technology out under its own MMS Channel branding. FrontM describes itself...
Grandweld, Bahri Logistics sign OSV build deal
Grandweld Shipyards has signed an agreement with Bahri Logistics, the integrated logistics business unit of Saudi Arabia’s national shipping carrier Bahri. Under the deal, Grandweld will design and build two...
Maersk introduces fuel fee on Landside Transport
A.P. Moller – Maersk (Maersk) has introduced a new Intermodal Fuel Fee (EFS/IFS) on Landside Transportation, as Middle East-driven energy prices continue to strain global logistics markets. The carrier said...
ONE revises fuel surcharge across global trade lanes
Ocean Network Express (ONE) has confirmed a revision to its Emergency Fuel Surcharge (EFS), updating rates across long-haul and short sea trades from 15 August 2026, in the carrier’s second...
Xeneta sees freight rate peak amid Hormuz disruption
Spot rates on major ocean container shipping trades from the Far East to the US and Europe have softened this week, according to the latest Xeneta Weekly Ocean Container Shipping...
IMF cuts global trade growth forecast to 3.5 per cent for 2026
The International Monetary Fund (IMF), in its July 2026 update to the World Economic Outlook (WEO) report, has projected a sharp deceleration in global trade volume growth, falling from 5.0...
OOCL posts strong Q2 revenue growth across trades
Orient Overseas Container Line (OOCL) delivered a 19.8 per cent rise in liner revenue to $2.53 billion for the second quarter ended 30 June 2026. Total liftings for the quarter...
Maersk, Hapag-Lloyd add Jeddah to Suez-Bound service
A.P. Moller-Maersk (Maersk) and Hapag-Lloyd, partners in the Gemini Cooperation, have confirmed that a call at Jeddah will be added to the AE15 service’s rotation from August. The addition follows...
Xeneta Weekly Ocean Container Shipping Market Update provides the latest freight rate and capacity movements across global trades, with analysis from Peter Sand, Chief Analyst, Xeneta. As of 10 July...
Hoopo strengthens leadership with ZIM veteran hire
Hoopo, a provider of smart container technology and fleet intelligence solutions, has appointed Gil Lehmann as Senior Vice President of Operations. Lehmann joins Hoopo following a long career in senior...
