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.
Updated: 1 hour 28 min ago
Second Maersk service to transit Red Sea as Middle East war resumes
But as the US-Iran ceasefire collapses, ocean carriers are on alert for any hostile response from the Tehran-backed Houthi militants in Yemen.
Project cargo sector battles delays, tight capacity, talent shortages
A roundtable discussion of industry experts hosted by the Journal of Commerce saw agreement that demand fundamentals remain strong, but beneath the positive outlook lies growing concerns.
ONE ends India-USEC ‘WIN’ service, forms slot deal with Hapag-Lloyd
Sources in India told the Journal of Commerce ONE has agreed to charter about 500 TEUs of slot space per week on Hapag-operated ships working the trade lane.
Forwarding AI vendor lands funding to automate shipment coordination
The $6 million influx into UK-based artificial intelligence technology provider Nexcade comes as the cost of building AI tools is likely to rise in the coming years.
US imports to hit record high in July amid pre-tariff push: retailers
But this month will be the end of an early peak season that began in May and increased in intensity, according to the Global Port Tracker, with imports for August through November expected to be lower year over year.
Gulftainer unveils plan for Middle East ‘integrated logistics ecosystem’
The Sharjah-based company is the third port operator in the UAE to embark on an end-to-end logistics journey, following its larger Dubai-based neighbor DP World and Abu Dhabi-based AD Ports.
Singapore’s PSA signs deal to develop $945 million four-berth Haiphong terminal
The agreement follows a series of concessions between carrier-controlled terminal operators and Vietnamese companies in the last few years to develop port facilities at Lach Huyen.
MSC in talks to buy into Sri Lanka’s Hambantota amid port deal spree: sources
With a recent investment commitment from current majority owner China Merchants Port Holdings, Hambantota’s annual box-handling capacity is expected to double to 2 million TEUs by the end of the year.
Zim launches new Asia-South America loop on buoyant rates
Ocean carriers are reinjecting significant new tonnage between Asia and the East Coast of South America after pulling ships away to serve an early Asia–Europe peak season.
Ocean carriers ride rocketing Asia-Europe rate hikes
Spot prices have more than doubled on Asia–Mediterranean routes and almost tripled from Asia to North Europe since the beginning of May.
Gemini begins 'gradual return' to Suez-Red Sea transits
The carrier called the move ‘a structural change’ but said contingency plans included a return to Africa transits should the security situation deteriorate.
NS-UP merger could give Charleston needed rail boost: analyst
The proposed merger of Union Pacific Railroad and Norfolk Southern Railway would create a single-line rail network that could shift discretionary cargo to Charleston and other underused East Coast infrastructure, writes rail analyst Paul Tonsager.
Shipper rush into heavy-lift assets holds risks
Equipment acquisitions for heavy-lift cargo handling need to go together with investment in technical expertise, asset providers warn.
Latest spike in spot rates could be last hurrah for trans-Pacific carriers
With fresh capacity landing on the West Coast, sources say spot rates could start to soften after a four-month bull run driven by cargo frontloading and higher bunker fuel prices.
MSC to resume India-USEC service amid fresh booking surge: sources
The carrier announced a month ago it was pulling its Indus Express loop, but new demand and sharply higher rates have caused a change of heart.
Asia port congestion worsens amid bad weather, vessel bunching
The delays in Asia helped propel global port congestion to a four-year high, with almost 11% of the container fleet waiting at anchorage as of June 28, according to Linerlytica.
CMA CGM acquires FedEx Supply Chain in $1.4 billion deal
The takeover means CMA CGM subsidiary CEVA Logistics will become one of the top contract logistics providers in North America.
MPV sector unsettled by uncertainties over policy, geopolitics
Breakbulk and project cargo market drivers are being tempered by government actions and ongoing tensions in global trade lanes.
Brownsville’s ship channels now deepest along US Gulf Coast
The Brownsville Navigation District unveiled its deeper ship channels last week as the South Texas port aims to be ready for heavier liquid and bulk commodity ships.
MSC boosts Indian port play with $1.4 billion terminal deal with Adani
The carrier’s acquisition of a 49% stake in the Vizhinjam transshipment hub is said to be the single-largest foreign direct investment into the Indian port sector to date.