CMA CGM vessel transits Hormuz Strait
A CMA CGM container vessel has successfully exited the Strait of Hormuz, marking the first confirmed Western Europe-linked transit since the outbreak of the conflict in the..
Posidonia 2026 to focus on Artificial Intelligence in shipping
All new Artificial Intelligence (AI) services and products for the shipping industry will be showcased at this year’s Posidonia exhibition, reflecting the sector’s gradual adoption of AI..
Carrier’s financial performance overview 2025
An overview of the available financial figures for this year shows just how things are different for the carriers in comparison with 2024. Uncertainty, a dampening of..
Iran war developments and Middle East alternatives
The war on Iran continues to pose serious problems for shipping. After initially focusing on ships attempting to transit the Strait of Hormuz, Iran is now also..
Port of Piraeus: 10 years of cooperation with COSCO SHIPPING
The port of Piraeus completes ten years of cooperation with COSCO SHIPPING, with the Piraeus Port Authority S.A. underlining, in a relevant post, that the last decade..
Strait of Hormuz: Traffic of vessels down 70%
The number of vessels passing through the Strait of Hormuz has dropped by 70% amid regional tension, according to Marine Traffic. Iran has not officially closed the..
Shipping in a time of tension: How we support our partners amid geopolitical uncertainty
Escalating tensions in the Middle East, including the risk of broader confrontation involving Israel, Iran, and the United States, and renewed concerns over the Strait of Hormuz,..
Hapag-Lloyd to acquire ZIM
Hapag-Lloyd has signed an agreement with ZIM to acquire all of latter’s shares for USD 35 each in cash, representing a 58% premium over the recent trading..
Hapag-Lloyd and ZIM reach definitive acquisition agreement
Hapag-Lloyd and ZIM Integrated Shipping Services Ltd. have reached a definitive acquisition agreement under which Hapag-Lloyd will acquire 100% of ZIM’s shares for $35.00 per share in..
Piraeus port reflects cargo flows from Asia to Europe
The port of Piraeus keeps a wait-and-see stance, as the shipping market continues to await the full return of containerships through the Suez Canal – a development..


