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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Vessel shortages, strong cargo demand boost MPV operator sentiment
Port congestion and longer voyages due to geopolitical disruption have reduced the amount of tonnage available to meet bullish demand expectations.
Container lines cash in on strong India-Europe westbound booking demand
Forwarder sources say the lead services operated by European carriers are already sold out through the end of the month or even until early September on certain sailings.
Air cargo rates, volume slump after EU duty-free tax reform
New rules on low-value European imports are already changing market behavior, but the full impact on volume has yet to be measured just one month after the elimination of the de minimis exemption.
Data centers pulling on already shrinking pool of US truck capacity
Each gigawatt of US data center expansion requires 100,000 truckloads, and experts question whether existing truck capacity is sufficient to meet the construction demand.
Ocean carriers redraw the marine terminal landscape
A string of major port investments this summer highlights how ocean carriers are increasingly locking in marine terminal capacity.
US retailers downgrade July import forecast, but see healthier year-end
July's imports will come in far lower than originally expected, while the end-of-year outlook appears more bullish, according to the latest Global Port Tracker from the National Retail Federation.
Low water on Rhine limits cargo access to German industrial heartland
Should the supply chain constraints lead to cuts in production at factories upriver, it could have significant economic implications for Germany, an analyst warns.
Fragmented equipment sector raises new risks for project logistics
The shift from a global to regional approach for heavy transport providers has changed the risk profile for project engineering.
Panama Canal draft limits could cut into US East, Gulf coast capacity
Late-summer draft limits on the Panama Canal will mean the largest vessels calling the East and Gulf coasts won’t be able to fully load for peak shipping season.
Carrier SeaLead ends operations weeks after US sanctions hit
The voluntary liquidation by the Singapore-registered liner means its main container line services between Asia and the Middle East, the Mediterranean and the Baltic have ceased.
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.