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: 1 hour 55 min ago
Global shipping calls on UN, IMO to ensure no Hormuz tolls
Industry groups expressed concern as reports emerge that Iran and Oman are in talks on future shipping arrangements for the strait that would include tolls on vessel.
Matson expects strong US demand for China exports through Q3
The US-based carrier said momentum in the trans-Pacific market was strong during the second quarter and expects the trend to continue until October.
Jeddah congestion due to hefty volumes sparks carrier surcharges, booking curbs
An influx of additional cargo volumes as carriers seek to avoid hostilities in the Persian Gulf has gridlocked Saudi Arabia’s port of Jeddah, a critical gateway on the Red Sea.
ONE triples full-year profit forecast after robust fiscal Q1
It is shaping up to be a profitable year for the ocean carrier's new CEO Till Ole Barrelet, who took over the top job from Jeremy Nixon on July 1.
HMM investing $135 million in Washington United Terminals to boost capacity 50%
The modernization project is meant to enhance the competitive position of Seattle-Tacoma among other ports along the West Coast of North America that have outperformed the NWSA this year.
Rhine water levels near record lows threaten inland cargo movement
With Europe gripped by a blistering heatwave, operators on the crucial waterway warn the river may soon be impassable for cargo-laden barges.
US breakbulk ports avoid congestion, for now, as market uncertainties loom
Unpredictability in global project cargo routines has put US breakbulk ports under pressure, but has not yet led to congestion.
Carriers, forwarders pile in to Africa trade as demand surges
But the growth is overwhelming the port and inland logistics infrastructure needed to support it as enormous volumes from Asia flood the continent.
LBCT working around the clock to thin backlog of intermodal containers
The terminal’s president said while the logjam — the result of “technical” glitches with LBCT’s ship-to-shore cranes in June — is being reduced steadily, it could persist well into August.
CSX adds Indianapolis route to Virginia port service
The Port of Virginia has added Indianapolis as a new destination from one of its two container terminals, vying for inland business mostly served now out of New York-New Jersey.
Latest trans-Pac rate push by carriers will test resilience of early peak
Major carriers on the trade lane have notified customers of spot rate increases in excess of $1,000 per FEU effective Aug. 1, with forwarders saying the hikes could stick.
DSV, K+N scale up investment to capture AI-driven productivity gains
The ability to commit enormous human and financial resources to deploy AI-initiatives across divisions and geographies provides the world's two largest forwarders with a competitive advantage over smaller forwarders.
ONE seeks to transship India-USEC cargo after ending direct 'WIN' service
Industry sources in Mumbai told the Journal of Commerce that ONE plans to offset its downsized West India–US East Coast capacity by routing cargo via Colombo in Sri Lanka.
Tariffs, geopolitics, uncertain cargo demand cloud H2 outlook: CMA CGM
The carrier, while releasing solid second-quarter financial results, said it has seen very high cargo volumes in July, but acknowledged there is a question mark over whether that strong demand will sustain in the coming months.
Shippers, carriers face fresh weather-related disruption following south China storm
Typhoon Noul hit Hong Kong and Shenzhen as key ports in eastern China continue to experience extensive delays and congestion more than two weeks after Typhoon Bavi moved through that region.
Hormuz closure drags down schedule reliability, except for top carriers
Sea-Intelligence Maritime Analysis said the typical delay for a late-arriving container ship ticked up in the second quarter due to service changes brought on by the closure of the strait.
HMM to focus on building feeder, medium-sized fleet in new five-year plan
The nearly $20 billion plan represents a pivot by the carrier away from ordering ultra-large container ships.
US logistics hub network gets federal funding boost
The funding will spur local infrastructure development at three of the 36 logistics hubs that the TradePort Corridor System aims to connect.
K+N raises full-year forecast as market strengthens
The forwarder joins several other companies in the transport and logistics sector that have also raised their profit guidance following better-than-expected results.
CMA CGM seeks Suez return for India-USEC lane amid renewed Middle East tensions
The service had switched over to the Suez route in January before halting in early March when the Middle East war broke out.