Maersk Group News

 

Trump's Tariffs Risk of Shipping Chaos

Apr 02, 2025

U.S. President Donald Trump's new tariff plan has the ocean shipping industry on edge as he stokes a trade war destined to stanch transport demand and send companies scrambling to manage the fallout.The Trump administration on Wednesday is set…

AD Ports Group Releases 2024 Annual Report

Apr 02, 2025

AD Ports Group, a leading global enabler of trade, transport, industry, and logistics, issued its 2024 Annual Report, which chronicled a year of revenue and profit growth, as the Group consolidated two major acquisitions and drove forward its profit-enhancing international expansion…

Maersk, PANYNJ Extend Lease for APM Terminals Elizabeth Until 2062

Mar 24, 2025

Maersk and the Port Authority of New York and New Jersey (PANYNJ) have agreed to extend APM Terminals Elizabeth's lease through December 2062. Originally set to expire in 2029, the lease extension reflects the company’s partnership with the port…

DP World and Maersk Agree to Expand Maritime Services in Brazil

Mar 19, 2025

Dubai-based ports and logistics firm DP World and shipping giant Maersk have signed a long-term agreement to boost container-handling capacity and increase weekly vessel calls to support Brazil’s growing trade demands.DP World operates one of…

The Caravel Group acquires India's International Maritime Institute

Mar 12, 2025

Dr. Harry S. Banga and Mr. Angad Banga of The Caravel Group announced their acquisition of the International Maritime Institute (IMI), a maritime academy. In addition to its commitment to future seafarers, the Group will leverage IMI’s capabilities to strengthen the training available to its 28…

Blue or Red, Both Aisles of U.S. Politics Agree on Need to Bolster Shipbuilding

Mar 07, 2025

The United States is preparing to impose docking fees at its ports on any ship belonging to a fleet that includes Chinese-built or Chinese-flagged vessels, according to a draft executive order, a move aimed to both revitalize U.S. shipbuilding…

CMA CGM Group Announces $20 Billion Investment in U.S.

Mar 06, 2025

CMA CGM Group has announced a $20 billion investment to contribute to U.S. maritime economy and support the transformation of America’s domestic supply chain over the next four years.The announcement builds on CMA CGM Group’s 35-year presence in the U…

Ocean Shipping Faces Uncertainty as Trade Threats Loom

Mar 03, 2025

The global ocean shipping industry that handles 80% of world trade is navigating a sea of unknowns as U.S. President Donald Trump stokes trade and geopolitical tensions with historical foes as well as neighbors and allies.That is the backdrop…

Service Fees on Chinese Vessels Could Cost Billions

Feb 27, 2025

VesselBot has highlighted the significant financial exposure for major container shipping lines under the Office of the United States Trade Representative (USTR) proposed Section 301 service fees targeting China's maritime sector.USTR is proposing…

Container Ship Over-Supply Looming

Feb 27, 2025

Capacity and its deployment dominate the outlook for shippers this year as they digest the impact of tariffs, the potential rebound in Red Sea traffic and the introduction of the new alliance Gemini, according to global consulting firm AlixPartners’ 2025 Container Shipping Outlook Report…

Proposed China Vessel Fees Come with Supply Chain Risks

Feb 27, 2025

Analysts caution that a new proposal to impose fees on China-built container ships entering the U.S. could trigger unintended consequences, including port congestion, rising freight costs, and shifts in global trade flows.The Trump administration…

U.S. Dockworkers Ratify New Six-year Contract

Feb 26, 2025

More than 45,000 U.S. dockworkers represented by the International Longshoremen's Association ratified a new six-year contract on Tuesday, formalizing a deal that offers bumper pay hikes and averts any potential disruption until 2030.Terms of the contract…

AD Ports Group Opens Al Faya Dry Port in Abu Dhabi

Feb 24, 2025

Abu Dhabi-based AD Ports Group has inaugurated a new, custom-bound inland dry port facility, enhancing the connectivity of Khalifa Port.Al Faya Dry Port, strategically located between Abu Dhabi and Dubai, will act as an Inland Container Depot (ICD) linked overland to Khalifa Port…

Florida International Terminal Commits to $25m Investment

Feb 21, 2025

Florida International Terminal (FIT), one of SAAM Terminals' port terminals, had a great 2024: not only did it manage to extend its concession until 2035, but it also made significant progress in innovations to improve its service.'The concession…

KEZAD Group: Infrastructure Development, Economic Growth in Abu Dhabi

Feb 17, 2025

Khalifa Economic Zones Abu Dhabi-KEZAD Group, the region's largest operator of integrated economic zones, continues to lead the UAE’s infrastructure development with transformative projects, reshaping Abu Dhabi into a global hub for industrial and economic activities…

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