Pro-Palestine activists smear red paint on Danish defence company
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Yang Ming posts US$230 million profit in H1 2026
Yang Ming Marine Transport Corporation reported an after-tax net profit of NT$7.17 billion (US$230 million) for the first half of 2026, as stronger second-quarter market conditions helped improve the…
Conflict drives up bunker prices, helping intra-Asia rates end six-week decline
Rates on intra-Asia trades have ended six weeks of decline, helped by port congestion in China and a rebound in bunker prices, with average prices up 1% week on week on 6 August, to $970 per 40ft.…
Early peak season a boost for Yang Ming as Q2 profits soar
Taiwanese shipping line Yang Ming reported a very profitable Q2 26, amid the US/Israel-Iran war, benefiting from an early peak season. The carrier reported $1.45bn of revenue, up 20% on Q2 25, but…
Strong Q2 for Gemini partners, but Maersk steams ahead over first half
Gemini by name, Gemini by nature, as ‘cooperators’ Hapag-Lloyd and Maersk presented very different faces with their H1 earnings announcements: the Danish carrier beaming on the back of strong growth;…
Mærsk vs Hapag – one freight spike, two very different report cards
In short: Mærsk turned a war-disrupted freight market into its second guidance upgrade of the year; Hapag-Lloyd, running through the same market, missed. The gap looks less like a demand story and…
Europe urged to build 1,000 shallow-water ships
German inland shipping heavyweight HGK is calling for a government-backed programme to mobilise up to €12.5bn ($14.4bn) of investment in 1,000 new shallow-water-capable vessels across Europe by 2035.…