News

Maersk slides into ocean losses as container shipping downcycle forces 1,000 job cuts

Maersk slides into ocean losses as container shipping downcycle forces 1,000 job cuts

The container shipping downturn is tightening its grip. Danish giant Maersk has reported an ocean division loss for the fourth quarter of 2025 and announced 1,000 job cuts, underscoring how rapidly the post-boom market is unwinding.

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Key trends shaping dry bulk shipping in 2025: safety, sustainability and geopolitical risk

Key trends shaping dry bulk shipping in 2025: safety, sustainability and geopolitical risk

The dry bulk shipping sector entered 2025 under mounting pressure from safety risks, decarbonisation demands and geopolitical instability, as highlighted in INTERCARGO’s Annual Review.

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Nearly half of seafarers may quit within five years

Nearly half of seafarers may quit within five years

Long working hours, limited shore leave and rising stress levels are putting the sustainability of the global maritime workforce at risk.

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India lands first chemical tanker contract as global shipbuilders take notice

India lands first chemical tanker contract as global shipbuilders take notice

India has recorded a breakthrough in its shipbuilding ambitions after securing its first chemical tanker order. The contract was awarded to Swan Defence and Heavy Industries Limited (SDHI) and marks a rare decision by a European owner to place a technically complex tanker order at an Indian yard.

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Evergreen orders 23 container ships in $1.47bn newbuilding programme

Evergreen orders 23 container ships in $1.47bn newbuilding programme

Evergreen Marine has confirmed a major newbuilding programme covering 23 container ships, with a total value of up to $1.47 billion, reinforcing its long-term fleet expansion and renewal strategy.

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