$186m FMC claim: Samsung takes CMA CGM to the wall
Samsung Electronics America files FMC complaint over 121,000 disputed charges from 2020 onwards.
Business
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Business
US Unleashes “Economic D-Day” on Iran: Strait of Hormuz at Stake
Treasury Secretary Scott Bessent unveils "toughest sanctions in history" to collapse Tehran’s regime and reopen.
Business
Port Delays Cost Shipping $6.9bn—Why Automation Can’t Wait
A single bulk carrier waited 26 days for a berth in South Africa—costing the industry billions in demurrage fees.
Business
$35m fire sale: Why Malaysia’s DNeX is ditching its idle 300,000-barrel
Dagang Nexchange offloads 2007-built FPSO Excalibur to MISC at a 66% discount to book value, booking a $5.86m gain.
Business
Freight Brokers’ Old Playbook Is Dead: Why Shippers Are Losing Millions
A 28-year-old brokerage reveals why bidding wars for the cheapest rate now burn relationships—and budgets.
Business
US Claims 10m Barrels Nightly in Hormuz—But Data Tells a Different Story
Washington reports 15-20 tankers daily in a stealth lane, yet independent tracking shows just 3-12 crossings.
Business
Panama Faces $1.5B Claim as CK Hutchison Escalates Port Dispute
Hong Kong conglomerate files second arbitration over cancelled Balboa and Cristobal concessions.
Business
Zim’s $4.2bn Merger Hits Regulatory Storm: Why Investors Are Nervous
Zim’s Q2 profits rise to $64m, but Brazil’s antitrust review could delay the Hapag-Lloyd deal until March 2027.
Business
Abu Dhabi Moves to Take AD Ports Private in $8.6bn Buyout
The sovereign fund already controls three-quarters of the UAE’s fastest-growing port operator.
Business
Earnings recoveryin Hapag Lloyd in Q2 despite substantial cost headwinds
Q2 spot rates and volumes significantly above Q1 levels
Business
Peninsula and Evos Sign MOU to Develop Biofuel Storage Infrastructure in the Port of Algeciras
Partnership to develop dedicated biofuel storage infrastructure
