Maritime News
News and analysis of ocean containerized cargo movement, logistics, supply chains, technology, and end-to-end connectivity. Maritime news and analysis of containerized ocean cargo movement, breakbulk and roll-on and roll-off shipping from origin to destination.
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Empty containers piling up in Los Angeles-Long Beach after January import surge
The growing backlog of boxes awaiting a return to Asia has resulted in finger pointing among stakeholders over how best to address the problem.
Montreal longshore labor talks head to arbitration after impasse
Canada’s labor minister will take a direct hand after the mediated talks for a new longshore contract at the port failed to achieve a deal after 18 months of negotiations.
Jittery US wine coalition urges hold on EU imports over Trump tariff threat
The latest salvo in the US-induced global tariff war comes as the EU said Thursday that a 50% tax on imports of US-produced whiskey will take effect from mid-April.
Montreal seeking longshore deal ahead of capacity expansions
Montreal’s port chief says a successful outcome after nearly two years of talks between port employers and the longshore union will be critical to restoring shipper trust.
February intermodal volumes cooled in Southern California amid Southeast gains
Despite the month-on-month downturn, Los Angeles-Long Beach volumes were higher than a year ago as Southern California’s freight boom did not begin until the second quarter of last year.
DP World to boost Santos capacity 50% via eight-year services deal with Maersk
The long-term agreement calls for the ocean carrier to add seven services with 10 weekly calls to Brazil’s largest port over the next two years.
Is there an option for carriers to take ‘hub-and-spoke' to next level?
Running loops with fewer ships will not be the current priority for an oversupplied industry, but new entrants may be more inclined to look at a lean, efficient product that has a competitive service edge in the key hubs it serves, writes Jeremy Masters.
Savannah’s ‘parking spot’ targets idle time for ships, main terminal
The port will berth vessels at its smaller Ocean Terminal two miles downriver from the main Garden City terminal in order to cut waiting times outside the port and reduce ship backlogs.
New alliance vessel plans add to ongoing port congestion in Europe
Ports across the continent are struggling to clear bottlenecks as containers stack up in terminals and delay inland and feeder connections.
CMA CGM, ONE in India VSA talks as standalone capacity pressures rise
Multiple sources who spoke with the Journal of Commerce have confirmed ongoing negotiations between the two liners covering India’s larger westbound trades to the US East Coast and North Europe.
Geopolitical uncertainty, tariffs start to weigh on MPV market
Freight rate declines coupled with ship supply and cargo demand worries are rippling through the MPV sector.
Oversupplied ocean carriers sailing into new downcycle: analysts
Despite banking a collective operating profit of around $60 billion in 2024, a worsening supply-demand imbalance could make the next three years difficult for the container shipping industry.
Australian shippers back competition probe into DP World's deal for Silk Logistics
The country’s competition watchdog is reviewing whether DP World’s acquisition of the logistics provider could lead to higher costs for shippers.
FMC probes ocean chokepoints as Trump looks to rule the waves
The Federal Maritime Commission is looking at areas where ships are having transit troubles with an eye on how US maritime influence can fix those problems.
Beijing issues warning over Hutchison’s proposed sale of Panama Ports Company
A commentary published in a Hong Kong state-backed newspaper said the acquisition of Hutchison’s Panama assets by BlackRock and TiL would “Americanize” the canal and cause Washington to restrict Chinese access to the waterway.
EPCs paint bleak picture for MPV sector under US port fee plan
Engineering, procurement and construction companies are in a tailspin about the possible withdrawal of suitable ships for project cargoes if the US government’s port call proposal linked to Chinese tonnage is implemented.
Tariffs, falling spot market weaken contract resolve of trans-Pac carriers
Fresh questions about the direction of the US economy after the tariff chaos unleashed by the Trump administration in recent weeks has container lines resetting their rate expectations for the 2025-26 service year.
Escalating tariff costs are ‘massive’ financial shift for US importers: experts
The dizzying pace of the Trump administration’s moves against longtime US trading partners is putting shippers at risk of facing hefty new costs as a result of tariff “stacking.”
Taiwan’s Big Three carriers report robust profit, revenue gains for 2024
But Yang Ming said significant uncertainties continue to affect the global trade outlook, saying “key risk factors” include US tariff developments that could lead to inflationary pressures due to rising operational costs.
OOCL banks $2.5 billion 2024 net profit on solid demand, high rates
The Cosco Shipping subsidiary recorded another highly profitable year but pointed to growing geopolitical uncertainties and industry-specific challenges that will test container shipping in the year ahead.