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maersk

Long Beach Asks: ‘Who Wants to Be a Millionaire?’

The Port of Long Beach is offering a US$1 million incentive to the first oceangoing vessel to commercially bunker methanol at the Southern California gateway, marking one of the most aggressive efforts yet by a North American port to accelerate adoption of lower-carbon marine fuels. Approved by the Long Beach Harbor Commission at its May meeting, the new “Clean Fuel Bunkering Challenge” is designed to encourage carriers, fuel suppliers and terminal ... [+]

Latin America Faces ‘Constant Volatility’, Maersk

Container shipping and logistics trends across Latin America are becoming increasingly shaped by supply chain digitalization, infrastructure investment and mounting geopolitical uncertainty, according to Maersk’s latest regional market assessment. In its May Latin America market outlook, Danish shipping and logistics group A.P. Moller - Maersk said companies operating in the region ... [+]

MPV, Heavy-lift Shipping on Firmer Footing, MSI

The multipurpose and heavy-lift shipping market entered 2026 on a firmer footing, according to the 20th edition of Market Sentiment Index (MSI) from One World Shipbrokers, which recorded its third consecutive quarterly rise to 53.4 in the first quarter. The index points to modest improvements in short-term cargo volumes and sustained ... [+]

Carriers Face Finances, Overcapacity, Drewry

Global container shipping in 2026 is facing worsening overcapacity and sharply reduced profitability, according to a new report from Drewry, the London-based maritime research and consultant. Drewry’s latest analysis, Container Shipping Financial Health Check 2026, warns that weakening carrier finances and continued fleet expansion will reshape market conditions for North American ... [+]

Suez Transits Remain Down Despite No Attacks

Though Houthis rebels declared an end to their attacks on ships transiting the Suez Canal on Nov. 18, traffic has not significantly increased, said Niels Rasmussen, chief shipping analyst at BIMCO. Traffic for the first week of 2026 tracked 60 percent below the corresponding week in 2023, when ships began diverting ... [+]

Tariff Tensions Temper Maersk’s ’25 Forecast

Danish shipping giant Maersk posted better-than-expected first quarter operating profit but warned that the ongoing tariff trade war between China and the U.S. could stunt global container volumes. Maersk said first quarter earnings before interest, tax, depreciation and amortization, or EBITDA, of US$2.71 billion for the 2025 first quarter, 70 percent ... [+]

EU Greenlights DSV’s $15.8B Schenker Purchase

Danish logistics company DSV has secured EU antitrust approval for its US$15.85 billion acquisition of German rival Schenker, creating what will become the world's biggest logistics company, the European Commission said April 9, Reuters reported. DSV announced the deal for the logistics arm of German state-rail operator Deutsche Bahn in September ... [+]

APM Extends Elizabeth Terminal Lease 33 Years

The Port Authority of New York and New Jersey, or PANYNJ, on March 27 approved a lease extension for A.P. Moller – Maersk’s APM Terminals Elizabeth lease through December 2062, Maersk reported. Originally set to expire in 2029, the 33-year lease extension marks a significant milestone in the company’s relationship with ... [+]

Hub Port Performance Key for Gemini

The Gemini cooperation agreement between Maersk and Hapag-Lloyd will rely heavily on a small number of transshipment hubs to support its new hub-and-spoke network, according to Drewry’s latest quarterly Ports and Terminals Insight report.While several of the terminals within the planned network reflect world-class operational performance in terms of intensity ... [+]

Maersk splits Panama Canal service

Maersk is switching from vessels to a land bridge to avoid the Panama Canal on its OC1 service between Oceania and the Americas. This is due to the water situation, which has forced the Panama Canal Authority to reduce the number and weight of vessels passing through the waterway. The service ... [+]

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