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 55 min ago
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.