Marine News

1. Panama orders occupation of two Hutchison ports

   Maersk’s port company, APM Terminals, will temporarily take over operations as expected.

2. Maersk risks tough questions after Zim bid is revealed

   “It may seem ambiguous what the strategy actually is,” says analyst after outspoken Zim chair reveals detailed information from sales process.

3. Tariff turmoil could help shippers in contract talks with container lines

   Next week, shipping lines and their customers will meet in Long Beach to begin annual contract negotiations at TPM26.

4. Eastern Pacific Shipping reshuffles exec team heading into "next phase of growth"

   Thomas Preben Hansen, now managing director of Eastern Pacific Shipping in the UK is appointed S&P Director to ”ensure disciplined capital allocation.”

5. Lightship Chartering enters S&P with new business unit

   The brokerage firm is entering the market for the purchase and sale of ships with a new department. The company states that its goal is to grow the team to at least 30 employees within three years.

6. Fotland calls on shipowners to fly the Norwegian flag as numbers drop

   The departure of ships is attributed mostly to ship sales and the fact that ships with Russian captains are barred from the registry.

7. J. Lauritzen takes defensive stance on investments in pricey shipping companies

   According to the CEO, the investment company is currently best positioned as a minority shareholder in both Corvus Energy and G&O, though this may evolve over time.

8. Costamare Bulkers gets million-dollar boost after spin-off

   The dry bulk shipowner was spun off from its parent company, Costamare Inc., in May.

9. DHT fixes second supertanker as rates hikes further

   Arctic Securities is increasing price targets for pure crude carriers as they expect rates to remain high long term.

10. Trump raises new global tariffs from 10 to 15 percent

    Less than 24 hours after the US president announced a global tariff of ten percent, the tariff rate is being raised.

11. Trump imposes global tariffs after defeat in Supreme Court

    Starting Tuesday, Donald Trump will impose a 10 percent tariff on all countries for 150 days. Several goods are exempt.

12. Supreme Court strikes down Trump tariffs

    Two federal courts have previously declared the president’s import tariffs illegal (to be updated).

13. Zim chairman stirs uncertainty about sale with unusual interview

    ”It seems unprofessional,” says associateprofessor after Zim chair reveals normally confidential information about Maersk and Hapag-Lloyd’s bids for the Israeli box carrier.

14. Port of LA imports slump as Trump tariffs disrupt trade flows

    Container throughput in the Port of Los Angeles declined by 12% in January.

15. Overview: Hapag-Lloyd snatches up Zim ahead of rivals

    ShippingWatch provides an overview of the major deal – a process marked by employee unrest and a bidding war that left Maersk out in the cold.