Germany’s Hapag-Lloyd buying Zim of Israel for $4.2 billion
In a merger of two of the world’s largest container shipping lines, Hapag-Lloyd of Germany will acquire Israel’s Zim Integrated Shipping Services for $4.2 b...
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10,540 articlesZIM sets out terms of $4.2bn Hapag-Lloyd deal, outlines New ZIM carve-out
New York-listed Israeli carrier ZIM Integrated Shipping Services has laid out the full terms of its agreed sale, confirming shareholders will receive $35 per sh...
UPS challenges Teamster suit over $150,000 driver buyouts
United Parcel Service on Friday asked a federal judge to throw out a Teamsters union complaint seeking to block the company from offering $150,000 voluntary buy...
SeaLead appoints new chief executive
Singapore-based liner operator SeaLead has appointed Cho Kit Wei as its new chief executive officer, promoting the current chief operating officer to the top ro...
TotalEnergies hires Havila Shipping platform supplier
Norwegian OSV owner Havila Shipping has secured a contract for one of its platform supply vessels (PSVs) with French energy giant TotalEnergies.According to an ...
The Port of Riga remains fully operational
The Port of Riga remains fully operational and safe for navigation, with no traffic restrictions currently in effect.Despite the onset of the ice navigation sea...
Port of Aarhus sets record container volumes in 2025
The Port of Aarhus strengthened its position as a key Northern European gateway in 2025, recording the highest container volumes in its history.Despite geopolit...
Sanctioned LR1 tanker heads for scrap at Alang
A 2004-built, Jamaica-flagged LR1 tanker tied to high-risk trading patterns has been reported sold for recycling, according to market sources. The 72,700 dwt un...
US seizes another VLCC fleeing from Venezuela
US forces boarded and seized the Panamanian‑flagged VLCC Veronica III in the Indian Ocean after tracking the tanker from the Caribbean, the Pentagon said ...
Trump’s Maritime Action Plan revives threat of port fees
The Trump administration’s long‑awaited Maritime Action Plan (MAP) has resurrected a controversial proposal to charge foreign‑built ships a per...
Suezmax allides at Ust‑Luga
A 16‑year‑old suezmax, Tony, allided with a berth wall and struck a port crane while manoeuvring to load crude oil at Russia’s Ust‑Luga seap...
Aker Solutions lands five-year maintenance deal with Aker BP
Norway’s Aker Solutions has been awarded a five-year contract by Aker BP for maintenance, modification, and operation services.The contract covers all of Aker...