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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US ag shippers navigate creaky supply chain not built for modern disruption
Ag exporters have always faced logistical challenges because their crops are grown in the interior US and shipped through ports located hundreds of miles away; those challenges seem to be growing, the AgTC conference heard this week.
CMA CGM posts Q1 earnings decline amid volatile ocean trade
The carrier’s first-quarter financials, which included a sharp drop in net profit, were generated in a market roiled by ongoing tensions in the Middle East, rising oil prices and increasing operating costs.
Demand rising on Asia-Europe ocean trade as July bunker hike looms
Volumes under contract when the Middle East war began were locked into quarterly bunker fuel adjustments, and those costs are set to be passed on to shippers at the start of the third quarter.
Heavy-lift trade group lobbies USTR for relief from crane, trailer tariffs
A lead time of five to seven years to build up domestic crane manufacturing capacity could cripple the US heavy-lift industry if tariffs on imported products are not reduced, industry stakeholders say.
Peter Tirschwell leaves enduring legacy on Journal of Commerce
Tirschwell, who most recently served as vice president of the Journal of Commerce, announced his plans to leave the business and continue work as an independent shipping journalist.
NY-NJ maritime industry honors ILA’s McNamara
James McNamara who joined the union as it faced tumult from containerization persisted at his job over four decades to help shape the modern International Longshoremen’s Association.
ILWU chief slams ‘foreign shipping companies’ ahead of contract expiration
The speech by Bobby Olvera sends a warning shot to employers and cargo owners ahead of the expiration of its longshore contract in 2028.
Evolution of ocean capacity linked to varied dynamics of trade needs
The alignment between demand and the supply of capacity has individual dynamics across each trade lane and different consequences for the newbuild, second-hand and charter markets, writes Jeremy Masters.
‘Dummy permits’ could overcome last-mile snafus for project cargoes
Project shippers in the US are being encouraged to test the robustness of bridge strength and state permitting feasibility up to a year in advance of major cargo moves.
CU Lines’ network expansion gives fresh capacity influx into Middle East trades
The Shanghai-based carrier has launched two new services connecting Asia to the Middle East as the Persian Gulf trade corridor presents strong green shoots of capacity demand amid ongoing mainline service disruptions.
US move against container makers is latest entry in logistics battle with China
Justice Department indictments against four of the world’s biggest box manufacturers follow reciprocal port fees and tariffs on China-made port equipment.
Zim reports Q1 loss, with bunker impact expected to worsen in Q2
CEO Eli Glickman did not offer earnings guidance due to the pending merger with Hapag-Lloyd, but said the war-driven surge in oil prices will likely drag Zim’s results down further in the second quarter.
Spot rate surge may signal early peak season on trans-Pacific
The underlying strength of that peak is unclear, however, with blank sailings, fuel-linked surcharges and a changeover in annual service contracts all putting upward pressure on spot and FAK rates.
Hapag-Lloyd scales up biofuel transport services with forwarder partners
Collaboration with global forwarders is allowing the carrier and its customers to significantly reduce carbon footprints in the difficult-to-monitor area of Scope 3 emissions.
US ports outline spending goals in push to reshore crane making
Port and terminal operators are looking to spend $6.7 billion over the next five years to install cranes and other equipment, an industry survey shows, as Washington is asked to help reshore manufacturing.
WiseTech joins partner program of container shipping digital standards group
The largest forwarding software provider globally adds heft to DCSA’s push to drive electronic standards in the ocean freight industry.
Ocean carriers face growing order book nearing 40% of in-service fleet
Yet liner executives insist that much of the surplus tonnage can be absorbed by a combination of vessel management, trade imbalances, increased scrapping, and the ongoing effects of geopolitical disruptions.
Software vendor offers proposal to establish detention, demurrage accountability
The BCO technology provider, in a bid to avoid costly dispute resolution, has identified 20 use cases under which shippers, consignees and carriers can agree to be held responsible for container storage.
Guangzhou begins work on $2 billion fifth development phase at Nansha port
Main construction started Friday and includes the development of four berths capable of handling ships of more than 21,000 TEUs, plus 15 berths for regional feeder vessels.
AD Ports to expand Europe, Asia footprints with MBS Logistics takeover
The Abu Dhabi group is following its larger Dubai-based neighbor DP World in growing its end-to-end reach across the container shipping sector.