Monday, February 9, 2026 at 1:13 PM
Hapag-Lloyd reported a decline in profits for the 2025 fiscal year, attributed to falling freight rates and higher costs, including expenses from its alliance with Maersk and the Gemini Network.
Negotiations over a deal for all shares in its competitor haven’t yet resulted in any binding agreement.
Expected sale of Maher Terminals at Port of New York and New Jersey attracts ocean carriers, port operators and infrastructure investors.
CK Hutchison has commenced arbitration against Panama after the country’s supreme court voided a contract for the Hong Kong-listed company to operate two ports.
The paint maker eyes improved profitability margins in the coming years as it prepares a $19 billion merger with rival Axalta that could be sewn up by the end of the year.
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