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Canada's Port Connectivity Declines as Trade Diversification Efforts Increase
Canada's maritime trade connectivity has significantly decreased over the last ten years, according to the Bank of Canada
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Ocean Freight
Container, dry-bulk, tanker and project-cargo coverage. Reformulated and entity-tagged daily from leading maritime publishers.
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Davie Defense Secures $3.5 Billion Contract for US Coast Guard Arctic Security Cutters
Davie Defense finalized a $3.5 billion contract to build five new Arctic Security Cutters for the U.S. Coast Guard
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Yang Ming Expands Fleet and Service Network Amidst Market Volatility
Yang Ming is adding 22 new container ships by 2030 and has launched three services this year to boost its cargo base
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Logistics Giants Downplay Amazon Supply Chain Services Impact
FedEx, Maersk, and GXO believe Amazon's new supply chain services will not significantly impact their core business.
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Coupa Focuses on AI and Optimization for Supply Chain Resilience
Coupa Inspire 2026 highlighted AI-driven tools for sourcing, network optimization, and automation in supply chains
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Hapag-Lloyd Reports Q1 Net Loss Amidst Congestion and Middle East Conflict
Hapag-Lloyd experienced a net loss in Q1 due to higher terminal storage costs from port congestion and increased operating expenses.
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Maryland Secures Record $2.25 Billion Settlement for Key Bridge Collapse
Maryland secured a record $2.25 billion settlement with the owner and operator of the Dali container ship
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Hapag-Lloyd Reports Q1 Loss Amid Red Sea Rerouting and Weather Disruptions
Hapag-Lloyd reported a substantial first-quarter loss, citing Red Sea disruptions and adverse weather conditions as key factors
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Bob's Discount Furniture Outlines Strategies to Mitigate Tariffs and Fuel Costs
Bob's Discount Furniture is employing a three-step strategy to mitigate the effects of tariffs and fuel costs
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Maersk Expands Capacity on China-India Trade Route Amid Rising Demand
Maersk boosts China-India shipping capacity to meet rising demand from India's industrial development and import needs
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DNV Predicts IMO Carbon Pricing Mechanism Will Fail Without Funding
DNV indicates the IMO's carbon pricing mechanism for shipping decarbonization will likely fail without a funding component
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Global Supply Chain Pressure Index Reaches Four-Year Peak Amid Geopolitical Stress
Global Supply Chain Pressure Index hits a four-year peak, signaling increased stress due to geopolitical developments
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Torm Expands Fleet with Six MR Tanker Resale Acquisitions
Torm is expanding its fleet with six MR tanker resales, with deliveries anticipated between 2027 and 2028.
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BW LNG Orders Two New LNG Carriers from HD Hyundai Samho
BW LNG has reportedly ordered two new 174,000 cbm LNG carriers from HD Hyundai Samho Heavy Industries for 2026 delivery
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Thenamaris Orders Four MR2 Product Tankers from South Korean Shipyard
Thenamaris has reportedly ordered four new MR2 product tankers from HD Hyundai Mipo for 2028 delivery
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MSC Expands Dominance in North Europe-Mediterranean Container Trade
MSC has secured almost half of the container capacity on the North Europe-Mediterranean trade route
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Cape Shipping Orders Two Newcastlemax Bulkers from Dajin Heavy
Greek owner Cape Shipping is expanding its fleet by ordering two newcastlemax bulk carriers from Dajin Heavy Industry
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Hapag-Lloyd Reports Flat Q1 Volumes, Losing Market Share Amid Global
Hapag-Lloyd reported flat container volumes in Q1 2026, leading to a loss of market share against global growth
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OOCL Challenges Record $45 Million FMC Fine, Citing
OOCL is appealing a substantial $45 million penalty from the US Federal Maritime Commission, citing unconstitutionality
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Rhenus Project Logistics Begins Shipping 24 Train Sets From China to Brazil
Rhenus Project Logistics has begun shipping 24 train sets from China to Brazil for the Metrô BH system upgrade
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CBP Approves $35 Billion in Tariff Refunds for Invalidated Duties
CBP has approved $35 billion in tariff refunds for duties invalidated by a Supreme Court decision, processing payments via a new portal
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CMA CGM Implements Peak Season Surcharge for Taiwan to Canada
CMA CGM is introducing a Peak Season Surcharge on all cargo from Taiwan to Canadian East and West Coast ports
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DP World Seeks to Operate Second Container Terminal in Chittagong
DP World is reportedly seeking to operate the Chittagong Container Terminal in Bangladesh, expanding its port sector ambitions
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ONE Modifies Irish Sea Express Service Rotation, Adds
Ocean Network Express is updating its Irish Sea Express service rotation, effective late May 2026
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Port of Antwerp-Bruges Celebrates 75-Year Partnership with Chipolbrok
The Port of Antwerp-Bruges marked 75 years of partnership with Chinese-Polish shipping line Chipolbrok, a key breakbulk carrier
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Hapag-Lloyd Reports Significant Q1 2026 Financial Decline Amidst
Hapag-Lloyd recorded a US$256 million net loss in Q1 2026, a significant drop driven by lower freight rates and operational issues
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Norden Acquires Four Handysize Bulkers for Fleet Expansion
Norden has expanded its fleet with the acquisition of four new handysize bulkers, set for 2026 delivery
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Hellmann Worldwide Logistics Reports Steady Performance in 2025
Hellmann Worldwide Logistics reported stable revenue and shipment growth in 2025, expanding e-commerce and international initiatives
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Petronas Secures Five New LNG Carriers from MISC for Two-Decade
Petronas signed a 20-year charter with MISC for five new 174,000 cbm LNG carriers to be delivered by 2030
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DP World and Al Dahra Collaborate on Food Security and Agri-Logistics
DP World and Al Dahra Holding are partnering to boost food security and agri-logistics capabilities in the GCC and internationally