CMA CGM will restart its INDAMEX service via the Suez Canal, cutting the full loop to 77 days and freeing up two vessels as the container market faces overcapacity and weaker spot rates.
Hapag-Lloyd has submitted an offer to acquire ZIM, with shares of the Israeli shipping company rising as the board reviews multiple bids.
A new Seaspan-commissioned study shows SMRs could accelerate vessel schedules, cut operating costs by $68M annually, and expand cargo capacity on 15,000-TEU ships, with strong adoption potential by 2050.
Asiatic Lloyd has placed another order for two 7,100-teu conventionally fuelled container vessels at Dalian Shipbuilding, following a similar order made six weeks earlier. The newly contracted ships are reported to be fixed to Hapag-Lloyd on long-term charter.
Jeju Port in South Korea has welcomed its first dedicated containership in 57 years with the launch of a new direct shipping route from Qingdao, China — a major step in boosting regional trade and logistics efficiency.
HMM has committed ₩3.45 trillion to order 14 new LNG-powered vessels, marking a strategic leap toward green shipping and fleet modernization.
CMA CGM selects Cochin Shipyard in India to build six LNG-powered feeder ships, marking a major step in India’s emergence as a global shipbuilding hub.
The Port of Los Angeles recorded only one China-built vessel call during the week of October 12–18, following the implementation of new USTR fees targeting Chinese-owned and built ships.
China has revised its maritime regulations to counter new U.S. port fees targeting Chinese vessels, escalating tensions and adding uncertainty to global shipping.
