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 28 min ago
Are ocean carriers set to dominate marine terminal ownership?
Carriers and their affiliates now own about 50% of worldwide terminal capacity, coming close to double what it was 10 years ago, according to various industry estimates.
MSC brings back trans-Pacific express service due to rate surge
The ocean carrier halted the Pearl service about a year ago due to weak market fundamentals, but said current demand merits its return.
Western Canadian import gains demonstrate recovery, not dominance: analyst
Vancouver and Prince Rupert are in the midst of a long-term recovery from severe disruptions that occurred in 2023 and 2024, indicating not superiority but rather another step in regaining what had previously been the region’s normal role, writes Larry Gross.
Trans-Pacific frontloading drives early peak capacity crunch, rate surge
Space on vessels leaving Asia has become tight enough that forwarders are warning customers they must book at least three weeks in advance amid a rush to bring in fall and end-of-year holiday merchandise.
MSC pulls India-USEC capacity amid cloudy market conditions
The end of the Indus Express service comes as Indian exports to the US East Coast in April were down 25% year over year.
MSC says ship was attacked while departing Iraqi port in Persian Gulf
Iran’s Islamic Revolutionary Guards Corps claimed responsibility for the attack on the 3,900-TEU vessel, which the ocean carrier said was “completely unjustified.”
G2 Ocean helps grow MPV order backlog with six new ships
The deal is one of three orders announced recently by vessel operators which together increase the global order book for MPVs to 280 ships, equivalent to 19% of the existing fleet.
CMA CGM set to expand Suez transits via India-Europe routing resumption
Current indications are that the normal schedule program for the “Epic” service will begin with a late-June westbound vessel departure out of India’s Nhava Sheva Port, sources say.