Maritime

CMA CGM sees precipitous decline in Q1 core earnings as higher volumes failed to boost weak ocean rates.

Port Houston reported its first container slowdown since early 2025 in April, though executives say improving May volumes point to a quick recovery.

Long-serving International Longshoremen’s Association executive James McNamara inducted into the International Maritime Hall of Fame. 

The Georgia Ports Authority said higher operating costs and a softer market were reflected in the latest container figures for the Port of Savannah. 

The U.S. Justice Department has indicted four major Chinese shipping container manufacturers and seven executives in a global price-fixing conspiracy.

Ahead of a takeover by Hapag-Lloyd, Zim earnings were hit by a softer freight rate environment and weaker demand.

Southern California ports saw broadly steady container dwell in April across truck and rail.

As the peak season nears, freight rates are expected to shift from their currently high fuel-cost baselines due to seasonal demand and fleet capacity management.

Maersk led a growing stream of brand-name vessels transiting the Suez Canal-Red Sea route, says consultant Drewry.  

The House released massive surface transportation reauthorization legislation that sets federal spending for infrastructure and services across a range of modes.

An investor’s surprise bid for ZIM Integrated Shipping Services would sweeten the buy price and keep the liner under Israeli control.

The biggest port in northern China is using an autonomous vacuum berthing system that secures a container ship in 30 seconds.

The Navy’s 30-year shipbuilding plan includes orders for 15 nuclear-powered battleships, dozens of autonomous vessels.

The United States and South Korea agreed to formally cooperate on  shipbuilding investment and development.

Evergreen Marine Corp. saw first-quarter profit tumble 70% as higher container volumes were dragged by weaker shipping rates.

Flexport leaders said import demand remains uneven across North America, with Houston and East Coast ports gaining share.

Ocean freight rates on the trans-Pacific remain above pre-war levels as retailers warn of tepid peak season gains. 

Hapag-Lloyd posted a loss in the first quarter as lower volume and weaker rates hit earnings.

The Justice Department is bringing criminal charges against the operators of a container ship that crashed into a Baltimore bridge in 2024, killing six people.  

Chassis provider CCM has expanded its management team with a new senior vice president/general counsel coming over from a major Japanese auto maker.