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: 54 min 55 sec ago
Ocean carriers cut capacity to arrest Golden Week rate slide
After initially holding back on blank sailings, carriers have announced additional capacity withdrawals to match the slowing demand ahead of Oct. 1, when Chinese factories close for eight days for the National Day holiday.
Red Sea, Panama Canal led to poorer port performance in 2024: World Bank
The annual report on global port performance shows almost universally weaker scores due to vessel delays and reroutings, but some terminal operators helped a few ports buck the trend.
LA-LB likely to work with regulator on emissions-cutting plan for ports
The more cooperative approach recommended by a committee of the South Coast Air Quality Management District means the ports and their stakeholders would not need to limit cargo volumes each year to achieve emissions reductions goals.
South China supply chains brace for year’s strongest typhoon
Super typhoon Ragasa is the 19th named storm to hit the region this year, with container terminals shutting down and airlines preparing to ground flights from Tuesday night.
Rate variations by trade reward ‘nimble’ ocean carriers
Carriers that can take the most advantage of opportunities in a tight charter market are those whose fleets of small to mid-sized ships are already big or rapidly growing, and thus have the buffer to pounce on opportunities, writes Jeremy Masters.
Tariff-linked trade downturn keeps India-US ocean rates sliding
Forwarders said capacity utilization for USEC sailings out of West India has fallen to between 60% to 70% from the 80% to 90% level normally seen for the premier networks.
Brazil’s Santos readies development of South America’s largest box terminal
The terminal would cement the port’s status as the biggest gateway in South America, boosting its annual container capacity by almost 60% and allowing it to handle 20,000-TEUs ships, many of those from Asia.
Brazil’s Santos readies development of South America’s largest box terminal
The terminal would cement the port’s status as the biggest gateway in South America, boosting its annual container capacity by almost 60% and allowing it to handle 20,000-TEUs ships, many of those from Asia.
BigLift, CY Shipping order two new deck carriers to boost joint fleet
The latest orders come as the heavy-lift shipping sector is facing a mixed outlook in the energy industry, which has been one of its traditional cargo streams.
Ocean carrier order book dominated by LNG-capable ships: Bimco
LNG is the current alternative fuel of choice for ocean carriers that see greater potential to scale up its production to supply the fast-growing dual-fuel fleet.
Cosco says no changes to US services as new port fees approach
While the new fees “may pose certain operational challenges,” Cosco said it does not plan to remove any trans-Pacific services, reduce its US ship deployment, or impose new surcharges to cover the fees.
Indian drayage strike at Mundra, Kandla ports ends
Local carrier and forwarder sources expressed relief that the truck strike ended before it had become a crisis extending beyond the two ports.
Yang Ming signs $1.4 billion upgraded ship order for 16,000-TEU vessels
Yang Ming said the ships will be the first LNG dual-fuel container vessels in Taiwan to feature specifications allowing them to be converted to ammonia dual-fuel propulsion.
Shipping experts warn of ‘disaster’ if IMO’s net-zero framework voted down
Should US attempts to derail the measure be successful, a global approach to putting a price on carbon emissions will be abandoned and replaced with uncoordinated regional and national measures, the experts say.
US tariffs to keep Panama Canal transits below capacity in 2026: ACP
The waterway has the capacity to handle 36 daily transits, but ACP Administrator Ricaurte Vásquez Morales told a media briefing the average is projected to land at only 33 next year.
Chinese tonnage moving out of US container trade ahead of new fees: Xeneta
Outside of Cosco and OOCL, the new port fees will likely be a non-event for ocean carriers that have spent the summer rerouting Chinese ships away from the US.
Moving beyond the ‘waste’ inherent in ‘essential’ container shipping
If suppliers, producers and distributors could eliminate some or most transportation moves, including container shipping, they would, writes John McCauley.
Shipping decarbonization stalled by weak demand, investment shortfall: reports
Research reports published to coincide with London International Shipping Week say although progress is being made towards decarbonization in shipping, there are growing concerns the sector is falling behind in efforts to reduce its carbon footprint.
Pre-Golden Week rate hike beginning to fade on trans-Pacific
The bump in spot rates that was driven by the Sept. 1 GRI and blanked sailings in the eastbound trans-Pacific appears to be over, with rates this week headed lower, according to forwarders.
Cosco Shipping to develop high-end logistics hub in Yantian with Shenzhen Port
Cosco said the joint venture will be responsible for developing a multi-functional logistics park involving the construction of high-specification warehouses, cold chain storage, and consolidation and distribution facilities.