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: 49 min 30 sec ago
Cosco Shipping, CU Lines expand fleets with 20 new container ships
Cosco’s transaction is a charter deal with New York-listed, Greece-based Costamare Inc. for 16 container ships — a dozen 9,300-TEU vessels and four 3,100-TEU ships.
Savannah to fund its own study on readying port for big ships
The Georgia Ports Authority will fund and initiate its own study for dredging and widening its ship channel and harbor as the US Army Corps of Engineers may lack the funds in 2027.
Resilience, relationships still trump technology in project cargo
US shippers of oversized cargo are being buoyed by positivity and strong demand in the Americas, but are struggling with capacity challenges and the uncertain geopolitical backdrop.
Structural demand shifts pulverizing US forest exports
A long-term decline in US forest product production is being accelerated by the increasing use of composite materials that require less wood and trade policy complications abroad.
Rising fuel costs forcing US truck shippers to shift freight
The long-term prospect for diesel costs and fuel surcharges is pushing US truck shippers to rethink how they move freight, and even to redesign networks.
Hapag-Lloyd, MSC to use feeders to restore upper Persian Gulf cargo links
The services, which include land bridge options to circumvent the still-effectively closed Strait of Hormuz, appear to be an acknowledgement by the liners that Hormuz will remain a no-go zone for the foreseeable future.
Singapore's PSA invests $388 million in Xiamen's XCTG port group
The move coincides with plans by XCTG to develop new berths, upgrade existing berths, and develop a multimodal smart logistics center.
US market helps drive record project backlogs for industrial gas suppliers
Linde has adopted a “guarded” outlook for the rest of 2026 as Air Liquide looks to a “rebound effect” in the US for an uplift. Linde has adopted a “guarded” outlook for the rest of 2026 as Air Liquide looks to a “rebound effect” in the US for an uplift.
War-driven energy shock makes case for more alternative fuels
The closure of the Strait of Hormuz only serves to highlight that companies proactively investing in adopting alternative shipping fuels now will be far better off when the next disruption hits, writes Michael Lerner.
Middle East fuel shock exacerbates rising US ag export costs
Bunker fuel surcharges and surging diesel prices linked to the war in Iran come on top of higher tariff costs that have hurt the competitiveness of US agricultural products abroad.
MSC, Tradepoint begin work on first private US terminal in decades
Baltimore’s Sparrows Point Container Terminal is scheduled to debut in 2028, some 14 years after the site was transformed from an old steel mill into a comprehensive logistics center.
Demise of ‘Pool of Pools’ marks new chassis era in Southern California
TRAC Intermodal’s exit from the massive chassis cooperative on June 1, just one year after Flexi-Van’s departure, reflects the shift from a primarily pool-owned and operated chassis market to one that is trucker-owned or leased.
Zim shareholders overwhelmingly approve takeover by Hapag-Lloyd
Stockholders representing 97% of the shares in Zim, equivalent to 57.2 million shares, voted Thursday in favor of the $4.2 billion deal that was announced in mid-February.
Journal of Commerce Top 100 US Importers and Exporters in 2025
US imports rose to new record high for the second straight year in 2025, while exports continued to recover from post-pandemic lows recorded in 2023.
Gemini capacity cutbacks make India-Med market hotter for rival carriers
With lower space allocations offered by Gemini, competing carriers have been able to keep their sailings on the routes maxed out and push rates higher, sources say.
OOCL ordered to pay $45 million for Bed Bath and Beyond’s bumped cargo
An FMC judge ruled the carrier committed several violations of US shipping law, including unreasonable practices, failure to meet service commitments, and refusal to deal with the now-bankrupt retailer between 2020 and 2022.
Cosco doubles down on emerging trades as Q1 net profit plunges 49%
The carrier and ports group said revenue on all major trades, except its domestic network, fell in the first quarter, resulting in a 13% drop in revenue from container shipping.
OOCL orders its first LNG-fueled ships with $2 billion deal for 12 vessels
The Cosco subsidiary said the 13,600-TEU ships have been ordered from Shanghai-based shipyard Hudong-Zhonghua Shipbuilding for delivery between 2028 and 2030.
ONE expects 11% decline in FY26 net profit due to war in Middle East
While acknowledging a “volatile geopolitical landscape,” the carrier nonetheless says its forecast for the year assumes “operational conditions will stabilize to pre-conflict levels by summer.”
Fuel charges complicate rush to ink new trans-Pacific service contracts
Mid-size importers are generally satisfied with the base rates contained in their 2026-27 service contracts, but many are at the mercy of ocean carriers as to how emergency fuel surcharges are being handled.