World

Shipping leaders gathered at the TradeWinds Shipowners Forum during Posidonia painted a clear picture of an industry no longer driven solely by cycles and fundamentals, but increasingly shaped by geopolitics that is actively redrawing global trade flows, fleet deployment strategies, financing decisions and asset values.  A central message from the panel was that geopolitical developments are no longer temporary disruptions but structural forces reshaping entire shipping markets.  “Nowadays, we see that geopolitics is not simply creating operational disruptions. Geopolitics are redefining entire markets across segments,” said Charis Plakantonaki, chief strategy officer at...

One of shipping’s most outspoken figures, Evangelos Marinakis, founder and chairman of Capital Maritime & Trading Corp, has suggested that the industry might have been better served by paying a structured fee to maintain access through the Strait of Hormuz, rather than enduring prolonged disruption following the Iran-Israel-US-related conflict.  Speaking at the TradeWinds Shipowners Forum during Posidonia, Marinakis argued that a predictable payment system would have...

At the TradeWinds Shipowners Forum held during Posidonia, senior figures from across global shipping gathered around a central question: how long can...

The prolonged takeover confrontation between US-listed dry bulk operator Genco Shipping & Trading and Greek rival Diana Shipping has intensified once again after Genco’s board unanimously rejected Diana’s latest cash offer of $24.80 per share.  The decision marks the third time Genco has turned down proposals from Diana since the takeover attempt began late last year, setting the stage...

Lognet Global, the independent freight forwarder network powered by WCAworld, has announced the appointment of Cecilia Markez as its new...

The newly signed EU-Mercosur trade deal is expected to have a big impact on global logistics networks, opening up new...

The Federal Maritime Commission (FMC) has returned to full operational strength following the swearing-in of Robert J. Harvey as its newest commissioner, filling a long-standing vacancy on the five-member panel.  Harvey, a Florida native, was officially sworn in on Monday, completing the Commission’s lineup after the departure of Carl Bentzel in...

US air freight forwarders, airlines and wider supply chain organisations are raising concerns over potential plans to scale back Customs and Border Protection (CBP) operations at key US ports of entry, warning that such measures could trigger widespread disruption across time-critical logistics networks.  According to reports, the US Department of Homeland...

The countdown is on for companies across the airfreight sector looking to secure a place among the industry’s most recognised names, as the final deadline for the 2026 Air Cargo News Awards approaches.  Entries are still open, but time is running out, with the submission deadline extended to 17:00 BST on...

Israeli container shipping company ZIM has appointed Chen Lichtenstein as its next President and Chief Executive Officer, selecting a leader...