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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US port tax would scramble ocean services, raise shipper costs: Drewry
The cost of the US Trade Representative’s proposal for levying fees on Chinese ships and ocean carriers would fall to US shippers, who would also face fewer service options, the analyst says.
China tariff uncertainty gives trans-Pacific business cloudy outlook: Matson
While the US-based carrier experienced a strong 2024, growth this year is under threat due to tariffs and the unknowns involving when Red Sea transits will resume.
MSC pulls megaships from Asia-North Europe network: Alphaliner
The carrier has replaced the huge vessels with smaller ships in a move to cut capacity and reduce pressure on rates that have plummeted since the start of the year, according to the analyst.
India-US carriers attempt strategic capacity cuts to prop up March GRI plans
Newfound pricing power for carriers has halted the steady rate declines seen on the trade since last August.
ILA ratifies new six-year deal with higher entry pay, automation protection
Labor peace at US East and Gulf coast ports is now ensured through September 2030 after the union’s rank and file approved the new labor agreement.
Wallenius’ ‘ambitious’ financing framework underpins ro/ro fleet renewal
Sustainable financing will help the Oslo-listed operator hit net-zero goals, but brings risks with higher capex costs to cover operations of its ro/ro fleet.
Trade groups renew push for ocean carrier movement on digitization
Shipper, forwarder and customs broker associations want to see the members of the Digital Container Shipping Association accelerate efforts to create interoperable process standards.
Carriers boost tonnage on Asia-WCSA to meet growing manufacturing demand
The tonnage injection comes amid an uptick in Asian manufacturers expanding business in Latin America, particularly Mexico.
MPVs pass on steel frontloading surge as fleet concerns loom
While the breakbulk sector failed to capitalize on the forward loading of steel to get in front of US import tariffs, it now has bigger concerns with US proposals to penalize Chinese-made MPVs.
Global shipper group ‘bullish’ on e-fuel tender bids from ocean carriers
The second tender from the Zero Emission Maritime Buyers Alliance calls for a carrier or a consortium of liners to move the equivalent of 1.5 million TEUs across the Pacific on ships powered by renewable synthetic fuels.
FMC modifies TCW detention order in light of federal court ruling
The FMC’s modified ruling in the TCW-Evergreen complaint allows room for carriers to charge late fees during port closures if the fees are reasonable.
US port fees could hit Chinese ships under Trump trade proposal
The US Trade Representative said the proposed fees are designed to counter China’s influence over the global shipbuilding and maritime industry.
Geopolitics, weak German economy slowed Hamburg’s 2024 volume growth
The poor operating conditions look set to continue this year, likely keeping container handling numbers under pressure at Europe’s third-largest port.
‘Hungry’ carriers slicing surcharges in eastbound trans-Pacific as bookings slow
Forwarders say demand expectations for trans-Pacific imports to North America are softening for the second quarter, forcing liners to reduce peak season surcharges that have been in place for almost a year.
Panama Canal transit data belies Trump’s claims of China’s control: project44
Cargo tracking shows no clear advantage for Chinese-based ocean carriers transiting the critical waterway, throwing doubt on the US president’s claims of China’s influence, according to a report from the visibility data provider.
‘Solidarity strike’ call by Dutch port union gets industry attention
A dispute over severance pay compensation has resulted in a series of walkouts by dockworkers at Rotterdam’s ECT Delta terminal over the past month, severely disrupting the handling of deep-sea vessels, regional feeder ship calls and inland-bound cargo.
Quebec provides new funding for proposed Montreal terminal, citing US trade tensions
The provincial government is looking to reignite the long-delayed Contrecoeur project, saying Montreal needs more capacity and new trade partners.
US policy changes could threaten breakbulk volume growth for ports
Robust automobile, steel and wind power equipment movements in 2024 put US ports on a strong footing, but tariffs and a shift in government priorities could temper progress this year.
Oakland pins growth on attracting imports, first-call inbound service
The port’s recently approved five-year strategic plan details infrastructure, transloading and maritime support activities that it hopes will spur cargo growth by making the Northern California gateway more attractive to importers.
Trump’s expansionist worldview puts US maritime interests in spotlight
As the new US administration looks to strengthen its regional sphere of influence, bipartisan political support is building to boost US shipbuilding, and thus, the country’s ability to project power in the Arctic and reduce dependence on foreign carriers.