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