Marine News

1. Stolt-Nielsen eyes continued tanker market pressure amid uncertain times

   Norwegian Stolt-Nielsen delivered a weak start to the year as predicted. However, there are signs of more stable prices and supply, says the shipping company.

2. Maersk expects customer reactions to Trump's wide-reaching tariff scheme

   The shipping and logistics major promises customers the opportunity to speed up or slow down goods and potentially redirect flows to alternative markets.

3. Habben Jansen says hail of tariffs will upend demand and the flow of goods

   Prices are relatively high in the US, where people will still need to import goods from abroad, says the Hapag-Lloyd chief executive.

4. Maersk and Eneos invest USD 100m in US methanol project

   Developed by Maersk-owned C2X, the project will be able to produce half a million tons of the green methanol fuel annually when fully phased in.

5. World's top ports handled significantly more cargo in 2024

   However, Port of Hong Kong was a notable exception to the positive picture, according to analyst firm.

6. Oil drops after launch of new US tariffs

   Oil prices fall significantly on concerns about US President Donald Trump’s new wide-ranging tariffs.

7. Maersk's port operator acquires rail business in Panama

   APM Terminals buys Panama Canal Railway Company from Canadian Pacific Kansas City Limited and Lanco Group/Mi-Jack.

8. China vows retaliation as Trump unleashes ‘bazooka’ US tariffs

   Trump’s ”Liberation Day” tariff flood on Wednesday will likely upend supply chains, and China said it will ”resolutely take countermeasures.”

9. The EU is prepared to retaliate on Trump's tariffs

   The EU ”is ready to respond” to US tariffs on EU goods, Ursula von der Leyen said Thursday morning.

10. Saverys family firm grows its stake in Golden Ocean

    After acquiring John Fredriksen’s controlling stake, Belgian CMB.Tech has now increased its ownership stake in the bulk major to nearly 50%.

11. Svitzer chair Engelstoft is confident APM Holding will be a good owner again

    The world’s largest tugboat operator calls the offer from the Maersk family’s holding company attractive “overall”. The offer prices Svitzer at around USD 1.3bn.

12. Container rates out of China take biggest plunge in 20 years

    The average price of shipping containers out of China fell by almost 30% in the first three months of the year, despite increasing exports, Bimco reports.

13. SSY expands into ship recycling market

    The new unit will be headed by former Braemar lead Harry Conrad-Pickles who joins the firm next week. 

14. Hutchison's port sale likely delayed by Chinese scrutiny

    A consortium including MSC’s port company was set to complete the deal today, Wednesday, but this will likely be postponed, writes Alphaliner.

15. Hurricane of US tariffs throws uncertainty and pressure on container market

    The US president has issued a barrage of tariff threats since taking office in January. ”Such uncertainty is poison for supply chains,” says analyst.