Shipping
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Ocean freight rates now pointing downward after November rise
After first half surge, the back-end of November is weakening after the last U.S. freight surge.
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Hyundai Merchant Marine reports increase in revenue, smaller loss
HMM had an increase in revenue and smaller loss in third quarter when compared to the same 2018 period.
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Has MSC signed up Maersk’s Toft as CEO?
The shipping grapevine is abuzz with rumors that the man who was Maersk’s COO until Monday (Nov. 11) could soon be leading MSC.
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Port of Oakland names Danny Wan executive director
Danny Wan, just named executive director of the Port of Oakland says the agency needs to plan ahead for the possibility that the economy may…
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Customer-centered startups attract Maersk Growth fund’s attention
Sune Stilling, head of Growth for Maersk, right, said the investment fund is focused on companies that keep the customer — not a billion-dollar valuation…
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Singapore Shipping sees slide in revenues and profits
Revenues were down, costs were flat, profits were down. It was largely an unhappy first half financial year for Singapore Shipping.
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Yang Ming reports lower revenue, larger loss in third quarter
Yang Ming Marine Transport Corp. (TWSE:2609) said it had lower revenue and a larger loss in the third quarter of 2019 than in the same…
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Hapag-Lloyd adds sixth ship to transatlantic U.S.-flag service
Hapag-Lloyd says addition of a sixth ship to one of its U.S.-flag transatlantic services will improve reliability.
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Port Report: Massport making Conley wicked quick for freight
Boston's freight move thru New York? No suh, because the Hub is best served by its own.
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Cato Institute aims another salvo at Jones Act
The Cato Institute has published a report that contends the Jones Act hurts, instead of benefiting, the U.S. Merchant Marine.
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