The upward trajectory of bunker prices, driven by escalating tensions in the Middle East, reversed sharply on April 8 following reports of a two-week ceasefire. “The market has entered a corrective phase after a prolonged rally,” said Sergey Ivanov, Director, MABUX. After an extended period of gains, global bunker indices entered a corrective phase, reflecting […] The post Bunker market reverses as ceasefire triggers price correction appeared first on Container News.

A US transport-focused investment fund, ITE Investment, has acquired a tank container lessor, CS Leasing, betting on rising demand to move liquids in tank containers. The San Francisco-based CS Leasing specialises in tank containers and dry freight special containers, which are used to hold irregular-shaped cargoes. The company has approximately 55,000 units deployed across four […] The post ITE Investment takes over tank container specialist CS Leasing appeared first on Container News.

CK Hutchison’s Panama-based subsidiary, Panama Ports Company (PPC), is preparing to initiate arbitration proceedings against Maersk over the takeover of two strategic ports near the Panama Canal, according to a report by Reuters. The dispute centers on the Balboa and Cristobal terminals, located on the Pacific and Atlantic sides of the canal, respectively. PPC alleges […] The post CK Hutchison to seek arbitration over Maersk appeared first on Container News.

Descartes Systems Group reported that U.S. container imports rose 12.4% month-on-month in March 2026, reaching 2.35 million TEUs. The increase marks a seasonal rebound from February levels. Volumes remained near historic highs, although they were slightly down compared to March 2025. China volumes decline as sourcing shifts Imports from China fell 2.3% month-on-month and 6.7% […] The post US container imports climb 12.4% in March appeared first on Container News.

BALBOA CORP has officially launched from stealth, introducing Panama’s first locally issued stablecoin aimed at improving payment efficiency in global trade, shipping, and trade finance. The company’s infrastructure focuses on reducing delays and friction in cross-border transactions, particularly in maritime trade corridors linked to Panama Canal, one of the world’s most critical shipping routes. Tackling […] The post Balboa Corp launches Panama’s first stablecoin for global trade payments appeared first on Container News.