Ocean container rates have plummeted to their lowest since January 2024, falling below major carriers' break-even points due to decreased d...

Hapag-Lloyd AG, a major container carrier, reports a significant business surge. This follows the US and China easing tariffs. The demand f...

Shipping, a proxy for trade and a health measure of the world economy, could see transport volumes rise between 2.8% and 3% in 2025, said C...

Shipping lines are bolstering capacity to accommodate India's burgeoning exports. Maersk, Hapag-Lloyd, MSC, and CMA CGM are introducing new...

Maersk and Hapag-Lloyd are set to launch their Gemini Cooperation in February 2025, aiming to create a flexible and interconnected ocean ne...

The investment in the first-of-its-kind Vizhinjam port in the state of Kerala is part of the second phase of the project that is expected t...

The announcement from Copenhagen-based Maersk and Hapag-Lloyd of Hamburg, Germany, marks another retooling of the world’s three major shipp...

The world's top shipping companies, including Maersk and Hapag-Lloyd, stopped using Red Sea routes after Yemen's Houthi militant group bega...

Two of the world’s largest container shipping lines said on Friday that they were pausing transits through the Red Sea after their vessels ...

Two major shipping firms, Maersk and Hapag-Lloyd, suspend Red Sea passage due to Yemeni rebel attacks. Huthis target ships to pressure Isra...

The outlook for the shipping sector has darkened considerably in recent months, with some of the largest container lines including A.P. Mol...

Maersk recently said it’s cutting at least 10,000 jobs to shield its profitability in a market that may remain weak until about 2026.

Major shipping firms are spending record profits on new models mostly from shipyards of Korea and China.

Results were boosted by an average rate for 20-foot containers that was $2,938 during the nine-month period, compared with $1,818 a year ea...

While supply chain strains bolstered shipping rates and earnings they are expected to weigh on volumes, with the group expecting an increas...

While the move to hike rates may breathe life into shipping industry, it has affected the competitiveness of Indian export sector.

European travel company TUI has denied a report that it is in merger talks with Neptune Orient Lines, operator of Southeast Asia’s largest ...