All Articles

Europe's largest container lines have suspended all transits through the Strait of Hormuz and reversed course on a long-awaited return to the Red Sea, after the escalation of hostilities between the United States, Israel and Iran threw global shipping into its most severe disruption since the Houthi attacks began in late 2023. Hamburg-based Hapag-Lloyd, Copenhagen's Maersk and France's CMA CGM each confirmed over the weekend that vessels would be rerouted around the Cape of G

Europe's shipping industry is absorbing a sharp increase in emissions costs this year as the EU's Emissions Trading System reaches full enforcement, reshaping the economics of every vessel touching the bloc's ports. The EU-ETS has now completed its phased introduction for maritime transport, requiring shipping companies to purchase European Union Allowances covering 100 per cent of their verified emissions, up from 70 per cent in 2025 and 40 per cent in 2024. The step-up alon

European carriers and port operators are bracing for a renewed wave of trade disruption after President Donald Trump raised his universal tariff rate to 15 per cent over the weekend, just days after the US Supreme Court struck down his previous levies as unconstitutional. The move has blindsided Brussels. The European Commission issued a terse statement on Sunday insisting that "a deal is a deal," demanding Washington honour the terms of a transatlantic trade pact negotiated

The Gemini Cooperation, the shipping alliance between Maersk and Hapag-Lloyd, has announced a phased return to the Red Sea and Suez Canal beginning in mid-February, marking the most significant step yet toward restoring normal operations on the world's busiest trade artery after more than two years of disruption. The move follows a six-month period without confirmed Houthi attacks on commercial vessels and comes after French carrier CMA CGM led the way with tentative transits

The European Commission's proposed ban on shipping services marks the bloc's sharpest escalation yet against Moscow's oil revenues — and a decisive break from the G7 price cap that was meant to keep Russian barrels flowing at a discount. The 20th sanctions package, unveiled on 6 February as the war in Ukraine nears its fourth anniversary, would prohibit European firms from providing insurance, shipping, financing, port access and any other maritime service linked to Russian c

European shipping operators face sharply elevated operating costs following the implementation of full emissions coverage under the EU's Emissions Trading System, with compliance expenses for container vessels projected to rise as much as 73 percent compared to 2025. The escalation stems from regulations that took effect January 1st, requiring maritime operators to surrender carbon allowances covering 100 percent of verified emissions on voyages touching European Union and Eu

French container giant CMA CGM abruptly reversed course on Red Sea transits this week, rerouting three major Asia-Europe services back around the Cape of Good Hope mere days after Danish rival Maersk announced its first structural return to the Suez Canal in over two years. The volte-face, confirmed in a 20 January customer advisory, affects the carrier's FAL1, FAL3 and MEX services, which CMA CGM diverted citing a "complex and uncertain international context." The decision r

China's state-owned COSCO Shipping is pouring cold water on European concerns over critical infrastructure ownership, filing with Germany's Federal Cartel Office to acquire an 80 per cent stake in Hamburg-based logistics operator Konrad Zippel. The proposed transaction, submitted in late December, would extend COSCO's reach beyond port terminals into the arteries of European hinterland transport. Founded in 1876, Konrad Zippel employs approximately 350 staff and operates 200

European shipbuilders reported a surge in new contracts during the first weeks of 2026, driven by stringent environmental regulations forcing fleet renewals and growing demand for specialised vessels capable of alternative fuel propulsion. Italian shipyard Fincantieri announced a €2.4 billion order book for the year, including contracts for six methanol-ready container ships and four ammonia-powered bulk carriers. The deals mark a significant reversal for Europe's shipbuildin

The continent's shipping industry entered 2026 confronting a significantly more expensive operating environment, as the European Union's Emissions Trading System completed its phase-in, requiring carriers to purchase carbon allowances for the full scale of their emissions. From 1 January, shipping companies calling at EU and European Economic Area ports must surrender allowances covering 100 per cent of verified carbon dioxide emissions, marking the culmination of a gradual i

Container shipping operators begin 2026 confronting a structural oversupply crisis that threatens to persist until the decade's end, with vessel order books swelling to unprecedented levels even as demand growth falters and carriers prepare for potential Red Sea route normalization. The global fleet now carries an order backlog equivalent to more than 30 per cent of active capacity, totalling approximately 9.6 million twenty-foot equivalent units according to maritime analyst

European shipping operations entered the final week of 2025 confronting a delicate balancing act: rising spot rates driven by pre-Lunar New Year demand colliding with mounting regulatory costs as the bloc's emissions trading regime intensifies. Container rates from Asia to Northern Europe climbed to $2,361 per forty-foot equivalent unit last week, up 16 per cent month-on-month according to Drewry, whilst Mediterranean routes surged 13 per cent to $3,004. The seasonal uptick r