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: 43 min 44 sec ago
‘Dummy permits’ could overcome last-mile snafus for project cargoes
Project shippers in the US are being encouraged to test the robustness of bridge strength and state permitting feasibility up to a year in advance of major cargo moves.
CU Lines’ network expansion gives fresh capacity influx into Middle East trades
The Shanghai-based carrier has launched two new services connecting Asia to the Middle East as the Persian Gulf trade corridor presents strong green shoots of capacity demand amid ongoing mainline service disruptions.
US move against container makers is latest entry in logistics battle with China
Justice Department indictments against four of the world’s biggest box manufacturers follow reciprocal port fees and tariffs on China-made port equipment.
Zim reports Q1 loss, with bunker impact expected to worsen in Q2
CEO Eli Glickman did not offer earnings guidance due to the pending merger with Hapag-Lloyd, but said the war-driven surge in oil prices will likely drag Zim’s results down further in the second quarter.
Spot rate surge may signal early peak season on trans-Pacific
The underlying strength of that peak is unclear, however, with blank sailings, fuel-linked surcharges and a changeover in annual service contracts all putting upward pressure on spot and FAK rates.
Hapag-Lloyd scales up biofuel transport services with forwarder partners
Collaboration with global forwarders is allowing the carrier and its customers to significantly reduce carbon footprints in the difficult-to-monitor area of Scope 3 emissions.
US ports outline spending goals in push to reshore crane making
Port and terminal operators are looking to spend $6.7 billion over the next five years to install cranes and other equipment, an industry survey shows, as Washington is asked to help reshore manufacturing.
WiseTech joins partner program of container shipping digital standards group
The largest forwarding software provider globally adds heft to DCSA’s push to drive electronic standards in the ocean freight industry.
Ocean carriers face growing order book nearing 40% of in-service fleet
Yet liner executives insist that much of the surplus tonnage can be absorbed by a combination of vessel management, trade imbalances, increased scrapping, and the ongoing effects of geopolitical disruptions.
Software vendor offers proposal to establish detention, demurrage accountability
The BCO technology provider, in a bid to avoid costly dispute resolution, has identified 20 use cases under which shippers, consignees and carriers can agree to be held responsible for container storage.
Guangzhou begins work on $2 billion fifth development phase at Nansha port
Main construction started Friday and includes the development of four berths capable of handling ships of more than 21,000 TEUs, plus 15 berths for regional feeder vessels.
AD Ports to expand Europe, Asia footprints with MBS Logistics takeover
The Abu Dhabi group is following its larger Dubai-based neighbor DP World in growing its end-to-end reach across the container shipping sector.
Port of Montreal’s former commercial chief to return as CEO
Paul Bird will be the next chief executive of the Montreal Port Authority as the gateway looks to his infrastructure expertise amid a major expansion project.
Western Canadian ports push IPI advantage to grow Q1 imports from Asia
Vancouver and Prince Rupert recorded solid year-over-year gains in the eastbound trans-Pacific as they focused on improving their intermodal efficiency to the interior of Canada and the US.
Charleston port looks to develop ro/ro operation at ex-WestRock site
SC Ports’ board of directors voted Friday to approve a design project to determine how to convert part of a 210-acre parcel next to the North Charleston Terminal into a car carrier operation.
Shipping decarbonization will work best with global rules: MSC CEO
The answer to emissions-cutting challenges facing the shipping industry cannot be overlapping regional measures or conflicting systems, Soren Toft told supply chain executives gathered at the IMO.
FMC searching for new members to serve on shipper advisory board
The National Shipper Advisory Committee, which guides the maritime regulator on ocean freight issues, meets once a year to drive policy decisions.
Beyond the terminal gate: Why the future lies in logistical ecosystems
Terminal operators and port authorities must transition from their historic, passive roles as infrastructure caretakers into active orchestrators of integrated logistics ecosystems, writes Robbert van Trooijen.
Rising container dwells hobble vessel flows at India's Nhava Sheva, Mundra ports
Carrier sources have reported an average berthing delay of two days for regular services and up to five days for ad-hoc vessel calls at both ports, with the problems driven by inadequate drayage capacity.
Softer freight rates push Evergreen to 71% decline in Q1 net profit
Highlighting the impact of lower freight rates in its first-quarter financials, Taiwan’s largest ocean carrier recorded a 22% year-over-year drop in average revenue per TEU, to $968/TEU.