CentrePort Reports First-Half Profit
CentrePort has recorded an unaudited underlying profit of NZD 8.7 million for the first half of the 2026 financial year, placing the port broadly on track to me...
Latest Shipping & Logistics News
10,694 articlesWallenius Wilhelmsen Secures $190 Million Contract Renewal
Oslo-listed roll-on/roll-off (roro) and logistics group Wallenius Wilhelmsen has successfully renewed a significant shipping contract with a major global automo...
Kuehne+Nagel Reports CHF 925 Million Earnings for 2025
Kuehne+Nagel Group generated a net turnover of CHF 24.5 billion in 2025. Recurring EBIT reached CHF 1.4 billion. Earnings amounted to CHF 925 million, a decreas...
Hapag-Lloyd Plans Selective Gemini Integration for Zim Acquisition
Hapag-Lloyd CEO Rolf Habben Jansen expressed a measured yet confident outlook regarding the carrier's proposed acquisition of Zim Integrated Shipping Services. ...
Middle East Conflict: Carrier Updates
Container News is providing continuous updates on how container shipping carriers are responding to the escalating conflict in the Middle East. This coverage mo...
Hormuz Strait Blockade: 3,200 Ships Stranded Amidst Escalating Tensions
Very Large Crude Carrier (VLCC) freight rates surged to unprecedented theoretical levels on Monday, as the conflict between Iran and the US-Israel coalition sig...
CMA CGM Halts Dangerous Goods Bookings for Middle East and Red Sea Regions
Global shipping giant CMA CGM has announced an immediate and indefinite suspension of all bookings for Dangerous Goods (DG) and hazardous cargo. This restrictio...
Maersk Issues Emergency Middle East Operational Update
Maersk is implementing immediate service suspensions across the Middle East in response to the rapidly evolving regional situation. These measures are designed ...
Zurich Acquires Rival Insurer Beazley for £8.1 Billion
Swiss insurance giant Zurich has successfully acquired its British competitor Beazley for £8.1 billion ($10.8 billion), following an earlier rejected bid of £...
Naftomar Linked to Suezmax Deal as Rates Soar Past $300,000 in Persian Gulf
A Suezmax charter deal struck last week appears to have been a timely move, given the rapidly evolving geopolitical situation. Two years prior, VLKR Ship Manage...
When Freight Fraud Becomes a Service
Wolfgang Lehmacher informs readers about a hacking group named Diesel Vortex. A little-known cyber group, dubbed Diesel Vortex, demonstrates how freight fraud i...
Union Maritime Expands Fleet with First Newcastlemax Newbuilds
Diversified UK owner Union Maritime has reportedly placed its first order for Newcastlemax bulk carriers. Brokers indicate a preliminary agreement in China for ...