Chris Dupin

Chris Dupin has written about trade and transportation and other business subjects for a variety of publications before joining American Shipper and Freightwaves.
Aug - 2019 -
14 August
Chris Dupin

Evergreen reports sharp increase in second quarter gross profit

Evergreen Marine reports a second quarter profit and says it will add 23,000 TEU ultra-large containerships to its fleet.

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Chris Dupin

HMM trims second quarter loss, reports revenue increase of 12.8%

Hyundai Merchant Marine, South Korea’s largest container carrier, said it had a smaller loss in the second quarter this year than in the same period in 2018.

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13 August
Chris Dupin

Yang Ming reports operating profit in second quarter

Yang Ming had an operating profit in the second quarter but notes U.S.-China trade conflict has weakened demand for container transportation.

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12 August
Chris Dupin

Crew safe after container fire on APL Le Havre off India coast

A container fire aboard the APL LeHavre comes as many liner companies are cracking down on misdeclared cargo.

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08 August
Chris Dupin

Matson lowers 2019 EBITDA projection by $18 million

Matson, the largest U.S. domestic container carrier, said it is lowering its operating income projection for 2019, citing lower container volumes to Hawaii.

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07 August
Chris Dupin

Seaspan: Containership demand cushioning trade war impact

Seaspan says high demand for containerships has shielded it from the U.S.-China trade war.

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Chris Dupin

Hapag-Lloyd: First half ‘solid,’ with higher volumes, rates

Hapag-Lloyd says it outlook for the second half of 2019 is unchanged even if it has to deal with more trade restrictions.

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06 August
Chris Dupin

Danaos: US-China trade war may strengthen charter market

Escalations in trade tensions between the U.S. and China could discourage containership owners from ordering new ships.

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05 August
Chris Dupin

Latest tariff threat could cause spike in transpacific container rates

Drewry says it expects a brief spike in transpacific freight rates to the U.S. West Coast following President Trumps threat to impose a new round of tariffs on imports from China.

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02 August
Chris Dupin

Ports want container cranes excluded from new tariff list

Ports are asking that Chinese-made container cranes be excluded from the list of products on which President Trump has threatened a 10 tariff.

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01 August
Chris Dupin

Legislation seeks to revive U.S. Shipbuilding and Shipping

The Energizing American Shipbuilding Act seeks to revive domestic shipbuilding and maritime industries.

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Chris Dupin

PSA completes acquisition of Halifax container terminal

PSA International Pte Ltd said it has completed the acquisition of Halterm Container Terminal in Halifax, Nova Scotia, from a fund managed by Macquarie Infrastructure and Real Assets.

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Jul - 2019 -
31 July
Chris Dupin

GSC Logistics scores success with imports at Port of Oakland

GSC handles 12 percent of import containers in Oakland, but its leadership is concerned about plans to build a baseball stadium on port property,

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Chris Dupin

DSV says it outgrew market in Q2 despite soft air freight demand

Jens Bjørn Andersen, chief executive officer, said the company was “very pleased with the strong results for the second quarter of 2019. Global transport markets are soft – especially within air freight, but DSV has managed to outgrow the market while still delivering market leading profitability.”

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30 July
Chris Dupin

Oakland OKs container dray-off yard lease

Shippers Transport Express, an affiliate of the stevedoring firm SSA Marine, has obtained a long-term lease on land it uses as a dray-off yard in the Port of Oakland.

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Chris Dupin

Shipowners pushback on timing of Panama Canal toll hike

Shipowner organizations are expressing concern about proposed modification of tolls at the Panama Canal on Jan. 1 and are asking for it be postponed until June 2020.

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26 July
Chris Dupin

OOCL reports 7 percent revenue increase; cancels several Asia-Europe sailings for three months

OOCL reported its second quarter 2019 earnings while also announcing that it was canceling several Asia-Europe sailings for a three-month period.

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25 July
Chris Dupin

MTC Logistics adding reefer warehouse in Port of Mobile

MTC Logistics broke ground July 24 for a 12 million-cubic-foot temperature-controlled distribution center in the Port of Mobile.

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Chris Dupin

Connor to represent and promote a spectrum of ports

Chris Connor, the new president and CEO of the American Association of Port Authorities, is enthusiastic about advocating for the varied needs of its members.

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24 July
Chris Dupin

DP World to build new container terminal in Indonesia

DP World (Dubai: DPW) said July 24 that it has reached agreement to create a $1.2 billion container port and industrial logistics port in East Java with the Indonesian conglomerate Maspion. The new terminal is to be located just a few miles from a containerport DP World had operated until this spring. The Maspion International […]

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