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Maersk raises 2026 guidance as Ocean earnings surge in third quarter
Maersk has raised its full-year 2026 earnings guidance following a strong third quarter, driven by higher ocean freight rates and continued supply chain disruptions that limited available shipping capacity. The Danish shipping group reported revenue of US$18.1 billion, up 27% from US$14.2 billion in the same period la…
ZIM’s ZX3 enters a Transpacific premium race already shaped by speed and landside access
ZIM’s planned ZX3 service between China and Los Angeles adds another competitor to the premium Transpacific market. But the significance of the launch extends beyond the advertised 12-day crossing from Shanghai. It places ZIM in competition with carriers that have already built expedited shipping products around termi…
JAXPORT secures US$40 million for Blount Island berth upgrade
The Jacksonville Port Authority (JAXPORT) has secured a US$40 million federal grant to modernise Berth 32 at the Blount Island Marine Terminal. The funding was awarded through the US Maritime Administration’s Port Infrastructure Development Program (PIDP). (function () { var id = 'div-gpt-ad-article-inline-' + Math.ra…
Chile maintains environmental approval for San Antonio Outer Port
Chile’s Committee of Ministers has maintained the favourable environmental approval for the US$4 billion San Antonio Outer Port project. The committee reviewed administrative appeals against the project during its twelfth session under the government of President José Antonio Kast. The authorities partially accepted s…
Expeditors revenue jumps 42% as ocean volumes grow
Expeditors International reported strong third-quarter results, supported by higher ocean and airfreight volumes and continued demand for customs and logistics services. Revenue increased by 42% year on year to US$4.1 billion. Operating income rose by 55% to US$445 million, while net earnings attributable to sharehold…
Why carriers and ports are investing in terminals, inland links and smaller ships
For most of the container age, shipping’s investment decisions rested on a simple assumption: the shortest route would stay open. That assumption has gone. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? Don't have an account? Register The post Why…
Carrier emissions intensity varies by up to 35% on major routes
Container carriers operating on the same trade lane can record emissions-intensity differences of up to 35%, according to VesselBot’ s latest analysis. The report examined 83,817 voyages performed by 6,730 container-carrying vessels during the third quarter of 2026. It assessed sailing patterns, vessel deployment, car…
ABB and Oreve plan 12 new electric truck charging sites in France
ABB E-mobility and French charging operator Oreve have expanded their partnership to develop 12 new high-power charging sites along major freight corridors in France. The expansion will add approximately 100 charging points, with a combined installed capacity of around 18 MW once the new sites are fully deployed by th…
Propspeed Joins RightShip’s Zero Harm Innovation Partners Program to Support More Efficient and Sustainable Vessel Operations
Improving vessel energy efficiency is an important part of the maritime industry’s efforts to reduce fuel consumption and greenhouse gas emissions. While hull performance often receives significant attention, the condition...
Coast Guard Looks to Commercial Icebreakers to Keep Northeast Ports Open This Winter
The U.S. Coast Guard is exploring the use of commercial icebreaking vessels to help keep Northeast ports and waterways open this winter, as the service prepares for another season of...
Lloyd’s Register launches service to manage cargo disruptions
Lloyd’s Register (LR) Advisory has launched a new Supply Chain Resilience service to help ports, governments and logistics operators manage cargo disruptions and identify alternative transport routes. The service was introduced on 4 November 2026 at the IAPH World Ports Conference in London. It focuses on keeping esse…
Port of Oakland reports considerable renewable and zero-carbon electricity supply
The Port of Oakland has announced that 84% of the electricity delivered in 2025 by its publicly owned utility, Port Public Power, to port tenants and facilities came from renewable and zero-carbon sources. (function () { var id = 'div-gpt-ad-article-inline-' + Math.random().toString(36).slice(2, 10); var holder = docu…
Rhenus reports 26% growth in China-Europe ocean freight volumes
Rhenus has reported a 26% year-on-year increase in ocean freight volumes from China to Europe during 2026 to date, as the logistics provider expands its business along the trade corridor. The company recorded the growth despite changing capacity conditions and uncertainty surrounding EU-China trade policies. According…
Vance Blames His Own Administration’s Iran War for Republican Defeat
Vice President JD Vance on Wednesday blamed Republicans’ midterm election losses on the Trump administration’s eight-month war with Iran, which has driven up global energy prices and left commercial shipping...
GXO reports stronger growth as logistics contract wins accelerate
GXO Logistics reported higher revenue and net income for the third quarter of 2026, supported by stronger organic growth and an increase in new business contracts. The company generated revenue of US$3.6 billion, up 5.7% from US$3.4 billion a year earlier. Organic revenue grew by 6.4%, marking its fastest expansion in…
Valencia Port tenders contract to run the ValenciaportPCS platform
The Port Authority of Valencia has put out to tender the management and technical operation of ValenciaportPCS, the platform that allows public and private stakeholders in the port community to exchange information securely. The contract is worth more than EUR 7.9 million and has an implementation period of 24 months …
Neptune Pacific supports Tuvalu’s first commercial export in 24 years
Neptune Pacific has transported Tuvalu’s first commercial export since 2002, helping a local skincare producer reach the New Zealand market. The shipment comprised 2,102 units of Fenua Ola skincare products made from extra-virgin coconut oil. It departed Funafuti for Auckland in June 2026. (function () { var id = 'div…
Port of Gothenburg reports stable freight flows
Cargo volumes at the Port of Gothenburg developed steadily from January to September 2026. Container volumes were in line with the previous year, while several segments grew clearly: new cars rose 14% and energy products 10%, and Ro/Ro traffic and rail volumes also continued to increase. The port handled 698,000 TEU i…
Maersk changes PCD logic for European import shipments
Maersk will change how it calculates inland charges for selected import shipments across 15 European countries. The new Price Calculation Date (PCD) logic will apply to import shipments created from 1 January 2027. (function () { var id = 'div-gpt-ad-article-inline-' + Math.random().toString(36).slice(2, 10); var hold…
Freightos Weekly Update: Asia – US air rates already nearing last year’s high on peak season volumes
Even with more container vessels routing back through the Red Sea on Asia – Europe services, and estimations of slumping post-peak demand, carriers have been able to push rates up 10% to N. Europe and 23% to the Mediterranean over the past month. (function () { var id = 'div-gpt-ad-article-inline-' + Math.random().toS…
India Sees Some Trade Relief, New Risks After Democrat Sweep
Indian officials were cautious on the US midterm election results, saying it eases some of the pressure over trade tensions but creates a new layer of uncertainty in an already fragile relationship.
Samudera orders two 3,000 TEU container vessels
Samudera Shipping Line has signed shipbuilding contracts for two new 3,000 TEU container vessels as part of its fleet development programme. (function () { var id = 'div-gpt-ad-article-inline-' + Math.random().toString(36).slice(2, 10); var holder = document.createElement('div'); holder.id = id; var here = document.cu…
Works begin to complete the quays at the port of Taureana di Palmi
Construction has started on the completion of the docks at the Port of Taureana di Palmi, a EUR 7.5 million project awarded to SILEM, Società Italiana Lavori Edili Marittimi, with a duration of 20 months. The works will finish the shoreline docks and enclose the entire perimeter of the port waterway, expanding availab…
K Line profit rises as ONE contribution strengthens
Kawasaki Kisen Kaisha (K Line) reported a sharp increase in profit for the first half of fiscal year 2026, supported by improved earnings from Ocean Network Express (ONE). Operating revenue reached JPY602 billion during the six months ending 30 September 2026. This was up 20.3% from JPY500.5 billion in the same period…
Hapag-Lloyd targets 1.7 million TEU in Africa by 2030
Hapag-Lloyd aims to increase its annual container transport volume in Africa to 1.7 million TEU by 2030, as the German shipping company continues to expand its operations across the continent. (function () { var id = 'div-gpt-ad-article-inline-' + Math.random().toString(36).slice(2, 10); var holder = document.createEl…
ONE lifts full-year profit outlook after strong second quarter
Ocean Network Express (ONE) reported a net profit of US$1.32 billion for the second quarter of FY2026, up from US$285 million in the same period last year. Revenue increased to US$6.27 billion from US$4.46 billion, supported by higher cargo volumes and stronger freight rates. EBITDA more than doubled to US$1.99 billio…
Why Europe shifts its strategy towards the Arctic
Russia’s hold on the Northern Sea Route is unchanged, but the new strategy exposes Europe’s leverage at the corridor’s western end. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? Don't have an account? Register The post Why Europe shifts its strat…