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Shipping & Trade

Three vessels hit near Strait of Hormuz

12/03/2026

Several commercial vessels were damaged in incidents near the Strait of Hormuz on 11 March, highlighting the growing risks for merchant shipping in one of the world’s most important maritime...

CMA CGM expands Caribbean network with PCRF XL route

11/03/2026

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...

Maersk to manage cargo destruction operations in Spain

11/03/2026

A.P. Moller-Maersk will take over management of import, export, and transhipment cargo destruction in Spain, aiming to streamline supply chain operations and strengthen oversight. The company will handle all aspects...

Red Sea risks drive NCFI to record highs

10/03/2026

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...

Managing Maritime Finance in a Changing World

09/03/2026

On day two of the Maritime Information Services Shipping Summit, the panel “Managing Maritime Finance in a Changing World” explored how shipping companies are navigating rising financial volatility while balancing...

Maersk, Avenir advance global shipping decarbonisation

09/03/2026

A.P. Moller-Maersk (Maersk) has signed a framework agreement with Avenir Marine Limited to supply liquefied biomethane (bio-LNG), with first volumes expected in 2027. The deal gives Maersk early access to...

Insurers widen Gulf war-risk zones amid rising tensions

05/03/2026

Marine insurers are tightening war-risk coverage for vessels operating in the Gulf as conflict in the Middle East raises concerns about maritime security and the safety of commercial shipping. According...

MSC adds war surcharge on Africa and Indian Ocean cargo

05/03/2026

Mediterranean Shipping Company (MSC) has introduced new war-risk surcharges on cargo shipments to Africa and Indian Ocean island destinations amid increased security risks affecting key maritime routes. The surcharges apply...

Carriers revise services amid Middle East escalation

05/03/2026

Wan Hai Lines and Orient Overseas Container Line (OOCL) have each announced adjustments to their respective container services, citing the escalating situation in the Middle East. In a customer advisory...

EU unveils bold strategy to reinforce maritime dominance

05/03/2026

The European Commission has adopted a new Industrial Maritime Strategy to strengthen competitiveness, sustainability, decarbonisation, security and resilience across the EU’s shipbuilding, shipping and maritime technology sectors. The move strengthens...

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

04/03/2026

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...

IMO and industry stress vigilance after vessel attacks

02/03/2026

Industry associations and the International Maritime Organization (IMO) have issued statements following attacks on merchant vessels in the Strait of Hormuz, highlighting seafarer welfare and urging shipping companies to exercise...

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