The Middle East conflict has stoked fears of prolonged disruption to global trade via key maritime corridors.
Some carriers are canceling bookings temporarily, skipping some port calls, warning of delays and implementing surcharges.
Ocean Network Express, a global container shipping company, plans to invest $2.5 million to expand its North American headquarters in Richmond and create 129 new jobs. Ocean Network Express formed in ...
Shares of Maersk and Hapag-Lloyd rallied after the container shipping companies said they would reroute vessels around the ...
Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising demand ...
As part of the deal, an Israeli container liner firm will be formed to securely operate global shipping trade routes to Israel; Hapag-Lloyd commits to retain Zim employees The post Israel’s Zim ...
According to a report by Mordor Intelligence, the global container shipping market is worth $119.65 billion as of 2025. It is expected to grow at a compound annual growth rate (CAGR) of 3.11% between ...
Two major shipping groups suspended navigation through the Gulf as conflict flared between the United States, Israel and Iran ...
By Louise Rasmussen and Kanjyik Ghosh March 1 (Reuters) - Shipping companies Maersk, Hapag-Lloyd and CMA CGM are rerouting vessels around Africa, away from the Suez Canal and the Bab el-Mandeb Strait, ...