CYTUR closes $3.4m round to scale maritime cyber defence
CYTUR Inc., a South Korean maritime cybersecurity specialist, has closed a Series A round worth KRW 5.2 billion ($3.4 million), following a Pre-A round in 2024. The rise comes as...
Carriers add capacity as Asia freight rates soar
Container carriers have increased capacity on major east-west trades out of Asia following months of supply chain disruption and sustained freight rate inflation, according to the latest market update from...
Schedule buffers distort global vessel delay metrics
Carriers are increasingly reshaping published sailing schedules to absorb disruption across global liner networks, a shift that is now distorting how vessel delay performance is measured at a global level....
Strait of Hormuz recovery seen extending to September 2026
The US–Iran agreement may enable a gradual return of container shipping through the Strait of Hormuz, but full stabilisation of global supply chains is not expected before mid-September 2026. According...
Xeneta warns of further freight rate surge
Xeneta has warned that disruption linked to the Strait of Hormuz crisis is driving freight rates higher on major east-west trades and causing export delays across Asia. According to the...
DNV joins DCSA+ to strengthen maritime data standards
DNV has joined the Digital Container Shipping Association’s (DCSA) DCSA+ partnership programme, bringing its Veracity data platform to bear on the industry’s fragmented data challenge. Veracity is a cloud-based platform...
US customs order to tighten importer requirements
The U.S. administration issued an executive order on 3 June 2026 to tighten customs enforcement, directing U.S. Customs and Border Protection (CBP) and the Department of Homeland Security (DHS) to...
Maersk shifts to weekly fuel surcharge amid ME tensions
A.P. Moller – Maersk (Maersk) has moved to a weekly fuel surcharge review cycle, departing from its standard monthly cadence in response to elevated fuel costs stemming from the Middle...
FMC seeks $40 million as enforcement workload climbs
The Federal Maritime Commission (FMC) has outlined its Fiscal Year 2027 budget request, alongside updates on enforcement activity, dispute resolution and regulatory implementation. Testifying before the House Subcommittee on Coast...
ZIM confirms new CEO as Glickman steps down
ZIM Integrated Shipping Services has appointed Dr Chen Lichtenstein as its new President and Chief Executive Officer (CEO), effective 1 July 2026, following the resignation of Eli Glickman on 15...
Hapag-Lloyd hits Americas lanes with June peak charge
Hapag-Lloyd has announced a Peak Season Surcharge (PSS) on cargo moving from the Far East to multiple Americas destinations, effective 15 June 2026 until further notice. The surcharge applies to...
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...
