Shipping: latest news, insights and analysis | ESM Magazine

'Party Is Over': Hapag Lloyd CEO Says Freight Rates To Keep Declining

Container freight rates will keep declining in the current realignment of shipping demand and supply, said Hapag Lloyd CEO.

Container Shippers Maersk, MSC To End Alliance From 2025

Denmark's Maersk and Swiss-based MSC, the world's largest container shipping companies, said they had agreed to end a vessel sharing alliance in January 20...

Shipping Still In Dark Over Clean Fuel Solutions, Industry Official Says

Shipping companies are still waiting for 'real green' fuel solutions as part of decarbonisation efforts to clean up the industry, a leading industry offici...

Some Ocean Shipping Rates Collapsing, But Real Price Relief Is Months Away

Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the spri...

Hapag-Lloyd CEO Sees Bounce In Shipping Demand As Short-Lived

Germany's Hapag-Lloyd is seeing a small uptick in demand for shipping after a decline in recent months, but the company on Tuesday reiterated its more...

Shipping Firm Maersk Picks Vincent Clerc As New CEO

Shipping giant A.P. Moller-Maersk said on Monday it had appointed Vincent Clerc, who has been with the firm for 25 years, to replace Soren Skou as chief ex...

Maersk Sees Container Demand Slowing As Recession Looms

Shipping group Maersk has warned of slowing demand for transport and logistics as a global recession looms and cut its forecast for container demand this y...

Rotterdam Port's Throughput Up 0.3% In 2022

Throughput volumes for Europe's largest port of Rotterdam have risen 0.3% to 351 million tonnes in the first nine months of 2022, officials said on Friday,...