“K” LINE Takes Full Ownership of Wind Service Subsidiary
K LINE has taken full ownership of its wind‑service arm, K Line Wind Service, after buying out Kawasaki Kinkai Kisen Kaisha on March 31, 2026. The subsidiary, founded in 2021, operates work and geotechnical survey vessels for offshore wind projects. Full ownership lets K LINE streamline decision‑making and integrate operations across its offshore portfolio. The move reinforces the group’s strategy to expand in renewable energy and capture growth in the offshore wind market.
How Hutchison Arbitration Against Maersk Rewrites the Panama Calculus
CK Hutchison has initiated arbitration against A.P. Moller‑Maersk over alleged breaches related to Panama Canal transit agreements. While the case may not yield a favorable judgment for Hutchison, the filing serves as a strategic signal to the shipping industry about...
NorthStandard Adds Iran Conflict Layer to GlobeView for Maritime Risk Updates
NorthStandard has launched an Iran Conflict layer on its GlobeView platform, delivering real‑time maritime risk intelligence for the Persian Gulf, Red Sea and Indian Ocean. The layer aggregates incident reports, port conditions and guidance into a single view, eliminating the...
CMA CGM Announces New Peak Season Surcharges on Key Trade Routes
CMA CGM announced new Peak Season Surcharges (PSS) effective early May 2026 on several high‑traffic lanes. From May 7, shipments from North Europe, the Mediterranean, Adriatic, Black Sea and North Africa to Australia will incur $350 per TEU on direct services...
U.S. Navy Implements Blockade of Iranian Ports
On April 13, 2026, U.S. Central Command announced a full blockade of all vessels entering or leaving Iranian ports in the Gulf and Gulf of Oman. The restriction applies impartially to ships of every nation, but it does not impede...
TVL Marine to Launch Hong Kong–Taiwan Service
Taiwanese shipowner TVL Marine will debut a dedicated short‑sea service linking Hong Kong with Taiwan’s major ports, slated to start in June. The route will be operated by a single 1,000‑TEU vessel making a rotation that includes Hong Kong, Keelung,...
MSC Extends Emergency Fuel Surcharge Amid Global Fuel Market Disruption
Mediterranean Shipping Company (MSC) announced it will keep its Emergency Fuel Surcharge (EFS) unchanged but extend it through April 30 2026, citing ongoing turbulence in the global marine fuel market tied to recent Middle East developments. The surcharge covers cargo originating from...
OPCSA Expands Hybrid RTG Fleet in Canary Islands
Operaciones Portuarias Canarias (OPCSA) has placed an order for four additional diesel‑hybrid Rubber‑Tired Gantry (RTG) cranes from Konecranes, with delivery slated for Q4 2026. The new machines bring the terminal’s hybrid fleet to 18 RTGs, building on an 2025 investment of...
Wärtsilä Signs 10-Year Lifecycle Agreement with Margaritaville at Sea
Wärtsilä has entered a ten‑year Lifecycle Agreement with Margaritaville at Sea, covering the existing vessels Paradise and Islander and the upcoming cruise ship Beachcomber slated for 2026. The contract provides long‑term maintenance, reliability planning and technical support, while the new...
Xiamen Feihongshun Shipping Orders Two Newbuild Vessels
Chinese non‑operating owner Xiamen Feihongshun Shipping has placed orders for two new container vessels, a 4,400‑TEU ship from Jiangsu Zhiyuan Shipbuilding and a 3,300‑TEU vessel from Ningbo Boda Shipbuilding. The contracts are valued at roughly $42.7 million and $30 million respectively, totaling...
The Strait of Hormuz Has Entered a New Phase of Its Administered Closure
A two‑week US‑Iran ceasefire has partially reopened the Strait of Hormuz, allowing limited vessel movement after weeks of tension. However, roughly 800 ships remain trapped in the chokepoint, and Iran’s naval command structure appears degraded, hampering coordinated operations. Both parties...
Multiple Owners Place New Container Vessel Orders
Several European and Greek shipowners have placed new‑building orders for feeder and mid‑size containerships at Chinese yards, highlighting ongoing investment in the segment. Peter Döhle contracted two 3,100 TEU vessels at about $48 million each for 2029 delivery, while Venergy Maritime added...
Ocean Network Express Launches Iberia Baltic Express Service
Ocean Network Express (ONE) announced the Iberia Baltic Express (IBX), a new weekly liner service linking Portugal’s Leixões terminal with key Baltic and North Sea ports. The route, slated to start in May 2026, aims to tighten schedule reliability and...
Kuehne+Nagel, Casaideas Expand Logistics Partnership in Chile
Kuehne+Nagel and Casaideas have expanded their Chilean logistics partnership with a 30,000 m² semi‑automated distribution center dedicated to the retailer. Since its 2025 launch, the hub has processed 34.8 million inbound units and shipped 24.7 million products to more than 40 stores across...
Circle and Setramar Launch Digital Logistics Project in Ravenna
Circle Group and Setramar have launched a joint digital logistics project at the Port of Ravenna, upgrading the terminal operating system (TOS) and transport management system (TMS). The initiative introduces electronic transport documents such as e‑CMR and e‑DDT to comply...
PortSide Stories: Tema
The Port of Tema, Ghana’s largest container hub, processes millions of TEUs each year and serves as a key transshipment gateway for West Africa. Recent upgrades, including the expansion of Terminal 3, have boosted its handling capacity and attracted ultra‑large vessels....
ClassNK Announces Executive Reshuffle
ClassNK announced a leadership reshuffle effective March 17 2026. Yoshifumi Miyatake was appointed Senior Executive Vice President and Toshio Kurashiki will serve as Executive Auditor. President and CEO Hayato Suga remains in place, along with Executive Vice Presidents Masaki Matsunaga, Yoshiya Yamaguchi and Fumihiko Higashi. Former senior...
EDECS and MEDLOG Launch Landmark Dry Port Project
EDECS, a regional engineering firm, and MEDLOG, part of the MSC Group, have signed a design‑and‑build contract to construct a 189,000‑square‑meter dry port in Egypt’s 10th of Ramadan City. The facility will include earthworks, paving, utilities, and advanced digital transport...
Swire Shipping Revises Local Charges in South Korea
Swire Shipping announced a revision of its local charges in South Korea effective April 20, 2026. The documentation fee will be KRW 50,000 (about $38) per set, while the seal fee will be KRW 10,000 (about $8) per export container. The new...
UTC Overseas Expands APAC Footprint with Thailand Office Launch
UTC Overseas has launched a new subsidiary, UTC Overseas (Thailand) Co., Ltd., adding a dedicated office in Bangkok to its Asia‑Pacific footprint. The Thailand hub will work closely with the firm’s Singapore team to deliver project cargo, heavy‑lift transport, and...
GetJet Group Secures $31M Financing to Expand Fleet
GetJet Group has secured a $31 million financing package from volofin Capital Management to fund its Growth Strategy 2026. The capital will be used to acquire up to five narrow‑body aircraft, slated to join the fleet by the second quarter of...
SANY Heavy Industry Reports 41% Profit Growth in 2025
SANY Heavy Industry announced a 41.2% surge in net profit for 2025, reaching $1.18 billion, while revenue rose 14.7% to $12.49 billion. Operating cash flow jumped 34.8% to $2.80 billion, and the net profit margin improved to 9.5%, reflecting stronger efficiency. International sales...
Sea-Intelligence: Carrier Profitability Drops Sharply in 2025-Q4
Sea‑Intelligence’s Q4 2025 analysis shows the major container carriers’ combined EBIT plummeting to $392 million, a dramatic fall from $7.6 billion in Q4 2024. No line surpassed the $500 million EBIT threshold, with Evergreen posting the highest positive result at $265 million and COSCO posting the...
Blue Water Shipping Expands in Chile
Blue Water Shipping has launched a dedicated reefer department in Chile, expanding its temperature‑controlled and dry cargo capabilities. The Chilean team brings over 40 years of combined expertise in perishable logistics, supporting import, export, air and sea freight. The initiative...
ITE Investment Takes over Tank Container Specialist CS Leasing
ITE Investment, a US transport‑focused investment fund, has completed the acquisition of CS Leasing, a specialist lessor of tank and dry freight special containers. CS Leasing operates roughly 55,000 units across four continents, serving the global liquid‑cargo market. The deal...
The Chokepoints Are Shifting and Hormuz Is the Last Line
The global maritime trade network is undergoing a structural reset, pushing the Strait of Hormuz to the forefront as the most critical and fragile chokepoint. Earlier bottlenecks such as the Suez Canal and Panama Canal have seen capacity upgrades and...
COSCO Receives New 80,000 DWT Multi-Purpose Grain Carrier
COSCO Shipping Development has taken delivery of the 80,000‑DWT multi‑purpose grain carrier Guo Yun Hai, built by Dalian COSCO Shipping Heavy Industry. At nearly 230 meters long, the vessel is the first Chinese‑designed ship of its class aimed at large‑scale grain...
ONEX Group Revives Greek Shipbuilding
ONEX Group has financed a new production line at Elefsis Shipyards to build high‑specification tugs, reviving Greece’s domestic shipbuilding capability. The line will initially produce 20 RAstar 2800 tugs, with an option for another 20, and MegaTugs has already ordered...
USA Port Push: Strategic Tool or Tactical Patch?
The U.S. government’s Port Infrastructure Development Program, bolstered by the Infrastructure Investment and Jobs Act, is being positioned as a cornerstone of a broader maritime revival. Roughly $17.5 billion in federal funds have been earmarked to modernize terminals, improve intermodal links,...
ONE Announces Update to East Coast South America Service SX2
Ocean Network Express (ONE) announced an updated East Coast South America SX2 service, revising its port rotation to include additional Asian hubs and launching with the M/V Seattle Bridge 0103W, slated to arrive in Pusan on April 20, 2026. The...
Trump Announces Two-Week Ceasefire with Iran Tied to Hormuz Reopening
President Donald Trump announced a two‑week ceasefire with Iran, conditioning the pause on the immediate reopening of the Strait of Hormuz. The deal also secures Israel’s agreement to suspend its bombing campaign during the truce. Iran has presented a ten‑point...
Maersk Introduces PSS From US Gulf to West Coast South America
Maersk announced a Peak Season Surcharge (PSS) for cargo moving from the US Gulf ports of Houston, Mobile and New Orleans to the West Coast of South America, effective 6 May 2026. The surcharge is $150 per 20‑foot dry container and $300...
Drewry Intra-Asia Container Index Jumps 28% on Middle East Disruption
Drewry’s Intra‑Asia Container Index jumped 28% in the first week of April, reaching $865 for a 40‑foot container. The surge marks three consecutive weeks of gains and places the index 29% above its year‑on‑year level. The primary driver was a...
KfW IPEX-Bank Provides Sustainability-Linked Loan to X-Press Feeders
German development bank KfW IPEX‑Bank has granted a $80 million revolving sustainability‑linked loan to Singapore‑based container feeder operator X‑Press Feeders. The facility is earmarked for fleet renewal, efficiency upgrades and other projects that advance the company’s goal of achieving climate neutrality...
HMM CEO Visits TTI Algeciras as Terminal Expansion Gets Green Light
South Korean carrier HMM’s chief executive Won Hyok Choi visited the TTI Algeciras terminal, the first senior‑leadership visit since CMA Terminals joined the ownership group. The Port Authority approved a €150 million ($162 million) expansion, adding 15.9 hectares in Phase B and extending the...
COSCO Starts Containerised Bitumen Shipments From Yangpu Port
On April 5, COSCO Shipping Lines launched the first dedicated containerised bitumen service between China and Thailand. The inaugural shipment consisted of 20 twenty‑foot tank containers loaded onto the 1,170‑TEU vessel GH River, departing Yangpu port on Hainan Island for...
Hyundai I20 vs Kia Syros: The Trade-Off Between Agility and Commanding Presence
The Hyundai i20 and Kia Syros illustrate a clear market split between agility‑focused hatchbacks and presence‑driven sub‑compact SUVs. The i20’s 3.995‑meter length, low centre of gravity and 1.2‑liter engine deliver quick city manoeuvrability, while the Syros’s higher ride height, boxy...
LX Pantos Partners with SK E&S on Solar-Powered Warehouses
LX Pantos has teamed with SK Innovation Energy & Services to equip three South Korean logistics centers with a combined 2 MW of rooftop solar capacity. The sites – Incheon’s MegaWise Cheongna Center, plus facilities in Changwon and Yongin – will...
Projectile Splashes Reported Near Container Ship at Khor Fakkan Port
A container vessel at the United Arab Emirates' Khor Fakkan port reported multiple unknown projectile splashes while loading. The ship’s master observed the impacts, but no damage or injuries have been confirmed. UK Maritime Trade Operations (UKMTO) has issued an...
Somaliland Under Import Crisis Despite Berbera’s Boom
Somaliland is grappling with a severe import shortage even as the nearby Berbera port experiences a surge in cargo traffic. Heavy investment from the United Arab Emirates has boosted port revenues, reportedly generating around $200 million annually. However, disruptions in the...
Ningbo Ocean Shipping Approves Vessel and Equipment Investment
Ningbo Ocean Shipping (NBOSCO) board approved a capital program exceeding $390 million to enlarge its fleet and container inventory. The plan earmarks up to $246 million for four 1,900‑TEU feeder vessels, with options for two additional ships, selected through competitive bidding. A...
NX Taiwan Opens High-Tech Focused Warehouse in Kaohsiung
NX Taiwan, a subsidiary of Nippon Express Holdings, has launched the NEXT12 Warehouse in Kaohsiung to serve the region’s booming high‑tech sectors such as semiconductors and AIoT. The facility operates 24/7, features raised‑floor loading platforms, climate control, and advanced surveillance...
Port of Crotone Advances Multipurpose Maritime Centre
The Southern Tyrrhenian and Ionian Sea Port System Authority has launched a feasibility conference for a new multipurpose maritime centre at the Port of Crotone. The single‑volume building will combine a passenger terminal, the port authority’s headquarters, and an open‑air...
MSC Removes Tauranga From Wallaby Service Rotation
MSC has removed the New Zealand port of Tauranga from its Wallaby service, which links the Far East with Australia and New Zealand. The revised rotation now visits Shanghai and Ningbo in China, Sydney and Melbourne in Australia, and a string of...
PortSide Stories: Colombo
The Port of Colombo is a pivotal transshipment hub in the Indian Ocean, handling millions of TEUs each year and linking Asia with Europe, the Middle East and Africa. Its strategic location on the busiest east‑west maritime corridor enables vessels...
Port of Portland Appoints New Chief Financial Officer
The Port of Portland announced Alissa Mahar as its new chief financial officer, starting April 14, 2026. Mahar brings senior finance experience from Seattle Pacific University, the University of Washington, Clackamas Community College, and the City of Portland. She will...
Kalmar Corporation to Supply Hybrid Straddle Carriers to PSA Antwerp
Kalmar Corporation will deliver 14 hybrid straddle carriers to PSA Antwerp, with delivery slated for Q4 2026. The order, booked in Q1 2026, supports the Port of Antwerp‑Bruges modernization and aims to cut emissions. The hybrid carriers blend diesel engines...
ClassNK Grants First Autonomous Ship Notation to Container Ship “Genbu”
ClassNK has awarded its AUTO-Nav2 (All) notation to the container ship Genbu, marking the world’s first certification of an autonomous navigation system for medium‑ to long‑distance routes. Built by Kyokuyo Shipyard and operated by Suzuyo Marine, Genbu is part of...
Suez Canal Authority Refloats Grounded Bulk Carrier in Swift Salvage Operation
The Suez Canal Authority successfully refloated the Panama‑flagged bulk carrier Xin Tain Yuan after it ran aground at km 87 due to a rudder failure. Four SCA tugboats, including the newly‑commissioned Azm 2, completed the salvage within hours and escorted the vessel...
Explainer: Behind China’s Detention Doctrine Against Panama
China’s “detention doctrine” is not a direct pressure campaign against Panama, but a broader strategy that underwrites its worldwide port portfolio. By leveraging legal claims and financial stakes in key terminals such as Panama’s Port of Balboa, Beijing can detain...
