Hapag-Lloyd, FIMI to revise terms for ZIM takeover
The proposed Hapag-Lloyd/FIMI takeover of Israel’s ZIM has received a 30-day extension from the relevant authorities, ending 27 September, to allow for terms of the transaction to..
Carrier’s financial performance overview 1H26
From the carriers posting financial results for the first half of calendar 2026, there were clearly mixed fortunes. Revenue developments ranged from a contraction of 13% for..
Iran and Oman make progress on new traffic regime
Iran and Oman are making progress in their talks on a new traffic regime for the Strait of Hormuz. According to reports, the two countries have reached..
Worldwide growth rates by trade lane
Global seaborne container trade in June 2026 was 5.5% higher than in the same month of 2025, according to provisional figures from Container Trades Statistics. The disruption..
EU allows Russian sable skin imports: major win for Greek fur industry
The European Union’s decision to allow the continuation of imports of Russian sable skins under its 21st package of sanctions against Russia represents a major vindication of..
Cosco Shipping Ports up 8% in 1H 2026
Figures for January-June 2026 show a 9.0% rise year-on-year for terminals in which Cosco Shipping Ports is involved. Handlings of Chinese interests grew by 3.7% to 40.8..
CMA CGM revises intra Med connections
CMA CGM will extend its East Med-North Africa TULYB service with the addition of Malta, Izmit (Gebze) and Benghazi, according to Alphaliner. To compensate for the extra..
ONE to start new Israel Express
ONE, instead of takings slots from Admiral Container Lines, will now continue its Israel Express (ILX) with its own tonnage. In comparison with the previous arrangement, Iskenderun..
Growing opposition to Hapag-Lloyd/ZIM deal
According to local source Calcalist, there is a growing list of ministries who are opposed to the agreed takeover of ZIM by Hapag-Lloyd. Given the list of..
China opens new avenues for Greek agri-food exports amid persistent trade imbalance
Despite the significant imbalance in bilateral trade, new protocols and agreements are paving the way for stronger Greek exports of food and fishery products to the world’s..


