Another senior executive returns to Maersk to head its Vietnam terminal

According to ShippingChina, APM Terminals recently announced the appointment of Vincent Flamant as CEO of Vietnam’s Hateco Hai Phong International Container Terminal (HHIT).

Guohang Ocean Shipping Joins Hands with COSCO Shipping Energy to Enter the Tanker Market!

According to Guohang Ocean's official WeChat account, on September 11, Fujian Guohang Ocean Shipping (Group) Co., Ltd. (hereinafter referred to as "Guohang Ocean") and COSCO Shipping Energy Transportation Co., Ltd. (hereinafter referred to as "COSCO Shipping Energy") officially signed a cooperative framework agreement.

COSCO Shipping Bulk and ITG Group Sign Agreement! Jointly Operate Export Breakbulk Liner Routes

On September 8, COSCO Shipping Bulk Co., Ltd. (hereinafter referred to as "COSCO Shipping Bulk") and Xiamen ITG Group Corp., Ltd. (hereinafter referred to as "ITG Group") signed a strategic cooperation agreement to jointly discuss and build a new channel for export breakbulk liner services.

CMA CGM Responds to Samsung’s $186 Million Claim: Has Complied with Contractual Obligations

Last week, CMA CGM responded to a $186 million claim filed against it by Samsung Electronics America, telling shipping media outlet Splash that it believed it had complied with its contractual obligations and applicable regulations in the pandemic-era cargo dispute.

COSCO Shipping Heavy Industry Launches A-Share Listing Process

On September 12, the CSRC’s official website disclosed that COSCO Shipping Heavy Industry Co., Ltd. (hereinafter referred to as “COSCO Shipping Heavy Industry”) has formally obtained registration for its pre-IPO tutoring filing and plans to launch an A-share IPO, with China International Capital Corporation (CICC) and China Merchants Securities as its pre-IPO tutoring institutions.

A US$21.6 Billion Major Pivot! Liner Giant Bets Big on Bulk Carriers and Tankers

According to Korean media reports, the global shipping market is standing at a new turning point. With supply chain restructuring and growing geopolitical uncertainty, South Korean shipping giant HMM has proposed a mid- to long-term investment plan of approximately US$21.6 billion (29 trillion won), attempting to adjust its container fleet operations while expanding its bulk carrier, gas carrier, tanker, and terminal businesses, and changing its business structure, which is overly dependent on a single ship type—containers.

Strikes are spreading across South Korea’s shipbuilding and steel industries

According to local South Korean media reports, strike action is spreading across South Korea’s shipbuilding and steel industries, key pillars of the country’s manufacturing sector. Despite surging orders and operating rates exceeding 100%, the risk of production disruptions is rising because labor and management remain divided over wages and collective bargaining agreements.

ONE CEO: Targeting 3 Million TEU Capacity by 2030

Till Ole Barrelet, the new CEO of Ocean Network Express (ONE), recently said that his focus is “improving financial performance and accelerating the advancement of the ONE2030 strategy.”

Hapag-Lloyd Renews Charter for 6 15,400 TEU Container Ships

On September 11, SFL Corporation Ltd. (hereinafter “SFL” or “the company”), controlled by Norwegian shipping tycoon John Fredriksen, disclosed that it had reached an agreement with Hapag-Lloyd to extend the charter contracts for six 15,400 TEU container ships by another seven years, with charter terms running to 2035–2036 respectively, indicating that the current container ship charter market is very strong.

Dry Bulk Market Sees Strongest Rally in Five Years as Capesize Daily Charter Rates Break Above $54,000

The dry bulk market has rebounded strongly to its highest level in the past five years. In its latest weekly report, shipbroker Xclusiv noted that the Capesize bulk carrier market has reached a high not seen in nearly five years, with the Baltic Exchange’s C5TC index (the Capesize time charter average rate) reaching $54,791/day on September 4, 2026.