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Freight-rate slump pushes Maersk into quarterly loss

Maersk recorded its first quarterly loss in two years after weaker freight rates pushed the Ocean division into the red. The group reported a net loss of 27 million US dollars for the fourth quarter, compared with a 2.1 billion US-dollar profit a…
Sea

Maersk advances as Panama overturns Hutchison concessions

Panama’s move to void CK Hutchison’s port concessions has reset control at the canal, putting Maersk on course for interim management and adding pressure to an already fragile multibillion‑dollar sale. President José Raúl Mulino said operations would…
Sea

Container ship scrapping falls to two-decade low

The number of container ships sent for recycling fell to its lowest level in two decades in 2025, according to an analysis by Alphaliner. Only 12 vessels, with a combined capacity of 8,172 teu, were scrapped during the year, while three additional…
Sea

Carriers diverge on Suez risk as CMA CGM returns to Cape route

CMA CGM is shifting three of its Asia–Europe services back to the route around the Cape of Good Hope, reversing a recent, limited return to the Suez Canal and deepening the split among container lines over Red Sea risk. The French carrier said the…
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