Total 242 Posts
Hapag-Lloyd announced on 16 February an agreement to acquire ZIM, through a structure that involves the Israeli private equity investor FIMI Opportunity Funds. The completion of the transaction will be subject to agreement by the Israeli government as well as additional regulatory approvals and the consent of the shareholders’ meeting of ZIM. The announcement follows leaks by Israeli media over the weekend with Hapag-Lloyd confirming on 15 February that it is in advanced discussions to acquire
Six Indian companies have signed a Memorandum of Understanding (MoU) to establish the Bharat Container Shipping Line (BCSL) on 3 February 2026. The shareholders comprise of Container Corporation of India (CONCOR, 30%), Shipping Corporation of India (SCI, 30%), Sagarmala Finance Corporation Ltd. (SMFCL, 20%), Jawaharlal Nehru Port Authority (10%), V.O. Chidambaranar Port Authority (5%) and Chennai Port Authority (5%). The agreement provides for joint funding of up to INR15,000 crore ($1.65 Bn) t
DP World will rebrand Unifeeder and Unifeeder ISC as Shipping Solutions from December 2025. The rebranding will also involve P&O Ferrymasters which is renamed Multimodal Solutions and P&O Maritime Logistics which is renamed Maritime Solutions. According to DP World, Shipping Solutions operate a fleet of 150 vessels ranging from 350 to 8,500 teu connecting over 200 ports. Multimodal Solutions provides integrated road, rail and sea transportation service throughout Europe and the UK. Maritime Sol
The Gemini Cooperation partners Hapag-Lloyd and Maersk remain at the bottom of the EBIT margin ranking amongst the main publicly listed carriers, lagging behind their industry peers by as much as 20%. The high cost of maintaining the superior schedule reliability of the Gemini network and their inability to secure any freight rate premium have continued to drag down the 2 carriers’ operating performance.
Ellerman City Liners announced on 12 November 2025 the acquisition of Viasea Shipping that operates a niche shortsea service using 2 ships of 800 teu connecting UK, Netherlands, Poland, Norway and Lithuania. Viasea Shipping was launched in November 2016 as a subsidiary of Norwegian logistics services provider ColliCare Logistics. It current has offices in Moss, Rotterdam, Gdynia, Klaipeda, and Immingham. Following the acquisition, Ellerman's services will be expanded to cover * Viasea Shippin
The Taiwanese and OOCL's 3Q top line reports suggested sequential increase in earnings during 3Q but the level of earnings will likely be on par with 1Q 2025 but unlikely to be substantially higher than the same in 1Q 2025. ONE has guided 62% higher EBIT for 3Q 2025 comparing to 1Q 2025. Taiwanese liners reported September revenue, which dropped by 8% month on month but declined by 31% year on year as the recently seasonal uptick in freight rates peaked in July. For 2025 3Q, the Taiwanese liner
The Taiwanese liners’ monthly revenues fell by 7% month-on-month in August, a smaller decline than the CCFI’s 9% drop. Even so, the latest figures still leave aggregate revenues for the first two months of the third quarter 4% higher than in the final two months of the second quarter, keeping open the possibility of a quarter-on-quarter earnings rebound in third quarter. Nevertheless, it is almost certain that the Taiwanese carriers’ combined earnings in third quarter will not surpass their resu
Taiwanese liners' July monthly revenue in aggregate was up by 10% month on month against CCFI's 2% monthly on month rise. The revenue is still down by 32% year on year. As read through to the entire industry, the two consecutive months of sequential growth in revenue give may have giving the liners a chance to see sequential growth in earnings, which is also what ONE has guided in its recent results report. ONE is guiding $362mn as EBIT for calendar period 3Q 2025 against $38mn in 2Q 2025 and $
Maersk reported better-than-expected earnings at the group level, with the Terminals segment delivering record results on strong volume growth. The Terminals segment generated twice as much EBIT as the liner segment. Maersk stock listed in Copenhagen reached 2 years high. Group underlying EBIT reached $818 million for the second quarter, a 8.2% increase year-on-year and significantly ahead of the $700-800 million consensus estimate. Maersk raised its full-year underlying EBIT guidance to $2.0 -
Container carrier remain mired in an earnings downturn with EBIT earnings falling by 80 to 90% since the recent peak in the 3rd quarter of 2024. 2nd quarter 2025 EBIT at both CMA CGM and ONE have retreated to levels last seen in 3rd quarter of 2023, with ONE’s EBIT margin barely above breakeven. Results released by the carriers so far have disappointed relative to expectations. ONE slashed its half-year and full-year EBIT guidance by 20% and 43% respectively. CMA CGM did not issue formal guidan