In what will be the first of a series of announcements Evergreen has declared the charges it will levy to cover the EU Emissions Trading Scheme (EU ETS) which goes live in less than seven weeks’ time.

Government in Australia is attempting to call the tune with its Strategic Fleet policy but opposition to the fleet has come from those footing the bill, who’d have thought that the piper payers would make a song and dance of it?

CMA CGM reported a 94% drop net profit in the third quarter of 2023 as the shipping and logistics industry returned to pre-pandemic conditions.

Even restricting the Panama Canal number of Neo-Panamax transits to just five there should still be enough capacity for containerships, however, it will be a different story for other vessel types such as gas carriers.

Hapag-Lloyd’s Q3 2023 profit dropped to an EBIT of EUR204 million container freight rates continued to decline.

Ending a long-standing relationship can be messy, but Maersk and MSC appear to be dissolving their 2M consortium with the minimum of fuss, with the Asia/Europe trades disentangled, attention turned to the Atlantic.

Maersk announced the appointment of Silvia Ding, the current Chief Transformation Officer, as the new President for the Greater China region.

The Australian government has announced plans to build-up a strategic fleet which it says will add resilience to the country’s supply chains and build on the “long-neglected” local maritime sector.

The latest restrictions on transits of the Panama Canal have prompted Ocean Network Express (ONE) CEO Jeremy Nixon to write to Panama President Cortizo, while other shipowners have already started diverting sailings.

Container carrier China United Lines (CULines) is opening up a new service connecting China and the Philippines.