Hapag-Lloyd sees significant Q1 profit drop
HAPAG-Lloyd has declared its first quarter 2026 results “unsatisfactory” after Group profit fell markedly below Q1 2025 earnings. Nevertheless, or maybe because of Q1, the company...
“Solid” Q1 for Höegh Autoliners
OSLO-headquartered Höegh Autoliners has racked up stable underlying performance in Q1 2026, despite Middle East disruption, fuel price escalation and operational challenges. The...
Seasonally softer Q1 for Wallenius Wilhelmsen
LOWER results for Wallenius Wilhelmsen’s shipping activities were partially offset by improved conditions in logistics in the first quarter of 2026. Adjusted EBITDA of USD 389...
Hapag-Lloyd, K&N strike green fuel deal
GERMAN giants Hapag-Lloyd and Kuehne+Nagel are further strengthening their long-standing partnership by collaborating to reduce ocean transport emissions. As part of this...
DALI INCIDENT: US indicts vessel operators ahead of trial
LEGAL proceedings surrounding the containership Dali and Baltimore’s Francis Scott Key Bridge collapse have escalated significantly ahead of the civil trial scheduled to begin on...
Maersk Q1: Volumes up, rates down
AP MOLLER-Maersk has boasted a strong first quarter, at least as far as demand went, but lower freight rates saw a notable though industry-consistent drop in profits. Against a...
Sydney man charged over attempted meth import
A SYDNEY man, 23, from Kellyville, has appeared before Penrith Local Court after a multinational police operation saw 300kg of methamphetamine hidden inside pressure washers...
Report highlights equipment failures in global fleet
A REPORT detailing “critical and recurring equipment failure points” within ships across the world has been released by the International Association of Classification Societies...
War-torn seafarers suffer happiness slump
THE FIRST QUARTER 2026 Seafarers Happiness Index (SHI) from The Mission to Seafarers has revealed a quarter of two halves, with an initial period of stabilisation abruptly...
Global air cargo spot rates hit three-year high
GLOBAL air cargo spot rates are reported to have surged +30% year-on-year in April to USD 3.34 per kilo, their highest level since October 2022. Air cargo analysts Xeneta say the...
ICTSI lifts and lifts
INTERNATIONAL Container Terminal Services, Inc, parent of Melbourne’s Victoria International Container Terminal, has turned in a stellar first quarter with recurring net income up...
Wärtsilä launches maritime training simulation platform
FINNISH maritime technology manufacturer Wärtsilä has launched NTPRO 7, a next‑generation bridge and ship‑handling simulator designed for maritime training. It is expected to...
MIAL backs call for NZF consensus
MARITIME Industry Australia Ltd has offered its support for calls for IMO member states to reach consensus on a practical path for the global shipping industry to meet the...
Maritime coalition seeks Net Zero Framework changes
A GROUP that claims to represent half of the world’s shipping tonnage is calling on the IMO to consider alternatives to the Net Zero Framework and to seek genuine consensus on a...
Höegh Autoliners continues fleet expansion
NORWAY’S Höegh Autoliners last week marked a milestone in its push to zero-emission shipping with a steel-cutting ceremony for the world’s first dual-fuel ammonia car carrier....
