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: 2 hours 44 min ago
Heat wave in Europe shuts APM’s terminal in Rotterdam
With the extreme heat expected to continue through the week, there was no clear indication when terminal operations would resume after being halted late Wednesday.
Ro/ro carriers face mixed fortunes as Chinese automakers move overseas
With Chinese manufacturers shifting production closer to consumers, particularly in Europe, car carrier operators are expecting vehicle volumes to continue to grow, but on shorter routes.
Asia-US spot rate surge continues as retail restocking enters the mix
The US retail inventories-to-sales ratio in April fell to its lowest in more than three years as the market ponders just how much steam the current frontloading push has left.
Ocean rates surge on India-Europe trade as capacity tightens
With most upcoming vessels overbooked, major India-Europe services have closed spot window bookings until early-July sailings, according to forwarder sources.
Baltimore port chief Daniels leaving to take new job in Miami
Jonathan Daniels was on the job in Baltimore for a little more than two years, but he’s credited with helping coordinate state and federal recovery efforts to reopen the port following the collapse of the Key Bridge.
Enstructure takes first steps on new Delaware container terminal
The North American terminal operator and stevedore is starting work on a long-delayed big-ship terminal along the Delaware River that would serve mid-Atlantic shippers.
Midsize carriers can pool resources to create alliance of ‘middle powers’
Groupings of midsize ocean carriers linking strong regional networks with innovative services is one way those carriers can stay competitive in the deep-sea business, writes Jeremy Masters.
South America-US spot ocean rates climb on tighter capacity, frontloading
Capacity on the trade lane fell when US tariffs were imposed last year, and now Brazilian shippers are trying to beat the clock ahead of a new round of duties scheduled to be implemented next month.
Confluence of factors drive trans-Pacific volume surge, space crunch
When tight capacity meets unexpected volumes, price elasticity goes wild as container lines have learned from the pandemic to go fast and hard on seeking rate increases.
Legal, project buyout whipsaw leaves US wind industry in limbo
The start-and-stop movement in the US offshore wind industry comes as energy projects have kicked into overdrive to keep pace with the booming buildout of data centers.
CMA CGM, ONE in India-USEC VSA talks amid standalone operational woes: sources
Sources believe a potential vessel-sharing deal between the two could pave the way for a more balanced and resilient supply-demand environment for all participating carriers in India-North America trades.
Norfolk aims to be preferred USEC gateway with deeper port: CEO
The chief executive of the Port of Virginia said the newly inaugurated deeper harbor allows big ships to be fully loaded, giving the port a chance to become a fulcrum for container services.
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.