It is rumored that ZIM may be fully privatized
2025-08-18
Zim's CEO Eli Glickman is collaborating with Israeli shipping tycoon Abraham Unger. If the deal is reached, ZIM may be fully privatized and delisted from the stock exchange.
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The CEO of Hapag-Lloyd is optimistic about the prospects of the shipping market
2025-08-18
Hapag-lloyd's CEO Rolf Habben Jansen said at the latest earnings briefing that although the growth rate slowed down in the second half of the year due to the increase in tariffs and market caution, the overall outlook remains positive.
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Wan Hai Lines has launched the FM1 route from the Far East to the Mediterranean
2025-08-18
Wan Hai Lines announced on August 14 the launch of the FM1 direct shipping service from the Far East to the Mediterranean, with its maiden voyage scheduled for September 12.
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DP World's revenue increased by more than 20.4% in the first half of the year, and its container throughput rose by 6.7%
2025-08-18
DP World's performance in the first half of the year: The company's revenue was 11.2 billion US dollars, an increase of 20.4% compared with the same period last year.
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The four major routes continued to decline, with the freight rate on the West Coast of the United States dropping by 3.51%
2025-08-18
Freight rates on the West Coast and East Coast of the United States continued to decline by 3.51% and 2.61% respectively, while those on the Europe and Mediterranean routes dropped by 7.19% and 1.68% respectively.
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Trump has put on hold the imposition of tariffs on China's purchase of Russian oil
2025-08-18
Trump signed an executive order to suspend the increase in tariffs on Chinese goods due to China's purchase of Russian oil.
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The container throughput of the Port of Auckland dropped by 10% in June
2025-07-22
Due to the dynamic changes in global trade and the reduction in demand, the container transportation volume at the Port of Auckland decreased by 10.1% month-on-month and 12.8% year-on-year in June.
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Matson announced the suspension of booking for this type of battery cargo
2025-07-22
Matson has suspended the transportation of electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs), citing the fire hazard of the batteries.
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The freight rates on the four major routes have continued to decline, with the Far East to the US East Coast route dropping by more than 10%
2025-07-22
SCFI dropped 86.39 points to 1,649.9 points, with a weekly decline of 4.98%. Freight rates on all four major routes declined, among which the freight rate on the Far East to the East Coast of the United States dropped by more than 10%.
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CStar Line will launch a new shipping route connecting China and the Red Sea
2025-07-22
Container shipping enterprise CStar Line will launch a new route FRS1 connecting China and the Red Sea. The maiden voyage is scheduled for July 26th, and the first vessel is the 1,831 TEU CSTAR VOYAGER.
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