Maritime analyst says in a capital-intensive sector, higher percentages will weigh heavily on debt-laden companies.

The International Maritime Organization aims to reduce ship emissions by 2020 and 2050, causing shipping companies to weigh antipollution technologies.

Despite a revenue boost from the Hamburg Süd purchase, “margins in the ocean segment were significantly impacted by higher unit costs,” says CEO Skou.

Penalties hiked for outbound cargo from China booked on the shipping line’s portal.

The city vows to fight the ruling that its decision was based on information “riddled with inaccuracies, major evidentiary gaps, erroneous assumptions and faulty analysis.”

One thousand Carrier Transicold PrimeLINE units will increase the Taiwan carrier’s refrigerated cargo capacity by about 24 percent.

The container carrier developed the transport solution in collaboration with the supermarket chain Lidl.

Commission sets roadmap for evaluation of whether “block exemption” that expires in 2020 should be extended.

The International Chamber of Shipping supports low-sulfur fuel but worries about price, availability and operational challenges.

The German carrier points to a lower net loss and increases in operating profit, revenue and cargo volume following the UASC acquisition.

AlixPartners says overcapacity could worsen as the year progresses.

“How can we incentivize a company that is treating its employees like crap?” councilman asks.

The New York City Economic Development Corporation has invested more than $115 million to reactivate the terminal as a shipping hub.

ClipperMaritime says carriers need to be careful how they cascade larger containerships into new trade lanes.

Navios companies also appear to be pursuing a similar strategy.

Transit touted as faster than ocean and cheaper than air.

Prime minister seeks ways to lower logistics costs and says Lach Huyen holds the key.

SeaIntel says if charter rates for feeders increase, the pricing spread between services calling direct port-port pairs and transhipment products could widen.

Port of Los Angeles says reforms are a “step in the right direction.”

New Jersey governor sets up task force; California Supreme Court revises test for determining if a worker is an independent contractor.