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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OOCL adds Halifax call to trans-Atlantic Med service
The carrier’s first direct service to Halifax comes as Canada looks to pivot its trade networks and as low water levels affect Montreal’s container business.
DCSA broadens reach with identity exchange for shipping industry
The consortium of nine liner carriers has launched its first product to facilitate the adoption of electronic bills of lading and other digital standards it is developing.
CMA CGM to expand Abu Dhabi terminal as capacity maxes out
‘Spectacular’ growth at the Persian Gulf terminal has brought forward expansion plans that will increase handling capacity by almost 50%.
Shippers split as Gemini floats premium charge on reliability
Cargo owners typically balk at paying more for ocean transport, but the significantly improving schedule reliability from the Maersk and Hapag-Lloyd partnership is getting the attention of the market.
CEO Edwards leaving Port of Virginia at end of year
Stephen Edwards’ five-year tenure at Norfolk is marked by major capacity expansions at its two marine terminals, along with new vessel and rail services.
Widening China import-export imbalance soaking up container capacity
The yawning imbalance between China’s import and exports is another way functional ocean capacity, like with port congestion, is being sapped by forces beyond the control of ocean carriers.
APM Terminals to build Bangladesh's deepest container terminal at Chittagong
Current plans call for the development of a 600-meter quay and a 49-acre backup ecosystem able to handle 800,000 TEUs annually.
Robust Asia, Europe trade drives up Hamburg's container volumes
Europe’s third-largest port offset a sharp drop in US trade with solid increases in imports from China, Malaysia and India, while seeing big gains in intra-Europe volumes.
Capacity cuts support series of rate hikes on Asia-Europe ocean trade
As contract tendering season on the European trades gets underway, carriers are stepping up capacity management efforts to elevate spot rates and better match supply with demand.
CMA CGM expects softer 2026 due to trade, rate and Red Sea uncertainties
Remarks from the group’s CFO came as the carrier’s third-quarter financials showed year-on-year declines.
Hapag-Lloyd refining Gemini network to improve efficiencies: Habben Jansen
The carrier’s CEO also confirmed Gemini is mulling a price premium, which he forecast would be a “small three-digit number per TEU” to reflect the inventory cost savings customers achieve through the alliance’s consistent on-time delivery.
HMM to chase high-yield freight, new shipping routes after slump in Q3 profits
Responding to market weakness that resulted in an 83% year-on-year decline in third-quarter profits, the carrier said it is “optimizing operations by adjusting port calls and vessel deployment across trade lanes.”
Houthi pause on shipping attacks lowers tensions, but risk remains
The rebels are incentivized to keep up some level of threat in the Red Sea because they are loathe to give up leverage that generates financial and military support, according to an S&P Global analyst.
Mobile taps its chief engineer to lead port through 2027
Doug Otto will serve a 17-month term at the helm of the port due to previous plans to retire in early 2027, but will oversee projects that aim to position Mobile as a gateway for reaching inland US markets.
Evergreen says will spend almost $3 billion on 14 new LNG-fueled ships
With 196,000 TEUs of new capacity added to its fleet, the latest orders mean Evergreen will leapfrog both Hapag-Lloyd and Ocean Network Express in global capacity to become the fifth-largest container line.
Overcapacity, slack season pressures push India-Europe rates to two-year lows
With typical seasonal lulls setting in after a slower-than-usual peak season, forwarders generally do not expect India-Europe rates to show any sort of an uptick until January.
Project cargo forwarders in the space race prepare for liftoff
A predicted annual growth rate of 9% for the space economy to 2035 will intensify the demands on cargo handlers.
Project cargo forwarders in the space race prepare for lift-off
A predicted annual growth rate of 9% for the space economy to 2035 will intensify the demands on cargo handlers.
Gemini delivers cost savings as it marks a path to premium pricing
While premium pricing has long been elusive for ocean carriers, the cost benefits from the Maersk-Hapag Lloyd alliance may prove to be enough to justify overhauling the network.
Gemini delivers cost savings as it mulls a path to premium pricing
While premium pricing has long been elusive for ocean carriers, the cost benefits from the Maersk-Hapag-Lloyd alliance may prove to be enough to justify overhauling the network.