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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No fast turnaround expected for declining MPV capacity trend
The Journal of Commerce Breakbulk Shipper Index tracked down again in May to 97, a drop of 26 points since March and two points lower than April.
US transportation pricing soars, aided by frontloading, capacity cuts
While freight demand isn’t booming despite growth in imports and manufacturing activity, it’s enough to push transportation pricing higher.
Overlapping demand waves reshaping traditional peak seasons: Rhenus
With global trade flows shifting toward more volatile and irregular demand patterns, the focus is moving away from planning around fixed seasonal cycles, according to the forwarder.
MPV operators lash out over ‘mind-blowing’ environment regulations
A tangle of new rules and a lack of clear direction on which green fuel will power the MPV fleet of the future were cited as reasons for the current lack of new ship orders.
MPV carriers reticent to resume Hormuz transits despite peace deal
Ship operators told Breakbulk Europe they need certainty that the truce between the US and Iran will hold before committing crew and vessels to the region.
DP World begins talks with Corpus Christi for container terminal project
The Dubai-based company said it wants to secure a long-term lease at the Gulf Coast port to build a new box terminal, thanks to the port’s newly deepened ship channel.
India-USEC ocean rates jump to 20-month high amid capacity pressures
Space availability on the trade lane has tightened as a result of MSC withdrawing its Indus Express service, while other competing networks reported schedule disruptions in the form of six blank sailings.
Many US retailers bracing for likely doubling of all-in service contract rates
After inking annual service contracts that were slightly lower than the prior year, importers are now facing the double-barrel reality of rising bunker fuel costs and soaring peak season surcharges.
Shipping wants clarity on US-Iran deal before Hormuz transits can resume
Statements made by the combatants are unclear and did not offer enough information around key aspects of Hormuz transits, such as timings and safe routes, industry stakeholders say.
Gulfport looks to future of bigger ships with dredge project approval
The US Army Corps of Engineers has recommended deepening the Mississippi port’s main channel to a depth that would allow it to accommodate post-Panamax vessels, up from the feeder container ships it now handles.
CMA CGM suspends Asia-US pendulum service
The Marseille-based carrier has ended a 14,000-TEU per week service that called Asia and both US Coasts, deploying bigger ships on an existing East Coast service and a new West Coast express service.
CMA CGM suspends East Coast leg of around-the-world service
The Marseille-based carrier has ended a pendulum service that called Asia and both US Coasts, deploying bigger ships on an existing East Coast service and a new West Coast express service.
Rail congestion adds to inland delays from India’s Mundra Port
Ocean carriers are warning shippers to expect additional costs and delays for shipments through India’s busiest container port amid an influx of transshipment cargo rerouted due to the Middle East war.
Trans-Pacific air cargo sees huge US demand for data center components
The volume of high-tech goods from Asia to North America increased 70% year over year while US imports of e-commerce declined, according to aviation consultancy Aevean.
Journal of Commerce exec director Brooks retiring after storied career
Chris Brooks rose from copy editor to co-running the Journal of Commerce and helping to build TPM into the largest shipping conference in the world during his 42-year tenure.
Minor dip in MPV freight rates belies trade lane imbalances
Day rates out of Southeast Asia and China have remained firm, but it is a different story for charter fees out of Europe, the US, or the Mediterranean.
Asia-Europe ocean shippers face hefty July 1 rate increases
Encouraged by the stickiness of early June rate hikes, carriers are capitalizing on robust demand as an early start to peak season keeps ships full on North Europe and Mediterranean trades.
Asia-Europe ocean shippers face huge July 1 rate increases
Encouraged by the stickiness of early June rate hikes, carriers are capitalizing on robust demand as an early start to peak season keeps ships full on North Europe and Mediterranean trades.
Persian Gulf bottleneck tightens global container supply
Empty containers trapped on the wrong side of the Strait of Hormuz are impacting export markets, forcing ocean carriers to seek out lessors for more equipment.
India-USWC rates jump as carriers redeploy capacity to hotter trans-Pacific trade
Forwarders have linked the sudden boost in rates to lower vessel capacity rather than an indication of resurgent demand, with liners shifting vessels to the more lucrative eastbound trans-Pac trade out of China.