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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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.
NY-NJ’s Port Newark terminal takes first steps in next big expansion
The terminal, jointly owned by Ports America and MSC’s Terminal Investment Limited, unveiled new container handling equipment as part of a growth drive to increase capacity by 40%.
More job cuts in the works for Q2 as DSV-Schenker integration continues: Lund
DSV CEO Jens Lund, speaking during the company’s first-quarter earnings call Wednesday, said the integration of Schenker has been completed in more than 50 countries, with full integration still on tap by the end of this year.
Singapore's PIL bets on volume growth from vessel deliveries, new services
Highlighting the carrier's Asia focus and volume growth potential, PIL said it will take delivery of at least two 13,064-TEU container ships this year that could be deployed on long-haul Asia-South America and Asia-Middle East services.
Appeals court rules against Evergreen in Savannah detention fee case
The ruling ends a six-year saga during which the Federal Maritime Commission had to decide whether it was a prerequisite that a port be open in order for detention or demurrage fees to be levied.
Canadian review of labor laws linked to hoped-for longshore peace, US diversification
The move comes at a delicate moment — months before dockworker negotiations are set to begin on Canada’s West Coast in November ahead of the expiration of the current contract next March.
FMC’s DiBella brings anti-‘net-zero’ message to IMO London meeting
The chairman of the US maritime regulator said the agency could act against ocean carriers or foreign-flag ships should the IMO’s Marine Environment Protection Committee take further steps to adopt its plan to reduce emissions from shipping.
Tighter bunker supplies raising costs, but not impacting service: ocean carriers
Some ships have been forced to bunker at alternative ports, but the war-driven energy shock hasn’t yet impacted the deployment of tonnage, ocean carriers said at an industry event in Georgia.
Oilfield services majors bank on flood of oil, gas projects linked to Middle East war
Baker Hughes, Halliburton and SLB, key drivers of oil and gas project cargoes, say infrastructure repair in the Middle East and supply diversification moves outside the region should result in a heavy book of post-war work.
Oilfield services majors bank on flood of oil, gas projects linked to Iran war
Baker Hughes, Halliburton and SLB, key drivers of oil and gas project cargoes, say infrastructure repair in the Middle East and supply diversification moves outside the region should result in a heavy book of post-war work.