New data released by project44 shows vessels waiting to berth in Asia recorded an average increase from 13 days in December to 16.7 days in January.
The crew of 22 was rescued for ship headed to the United States.
One-year agreement will allow for at least 20,000 boxes to be stored off-site, state says.
“Removing plastic waste is a priority when discussing the protection of our oceans and conserving biodiversity,” CMA CGM Group said.
Green ammonia production emits no carbon dioxide, but it has major safety, cost and scaling hurdles to overcome.
After last year’s historic run-up, factories are producing fewer containers and pricing of new boxes is down.
“Everything we have sails. Every box we have we try to move,” says Hapag-Lloyd CEO Rolf Habben Jansen.
Ceres Terminals will lease, operate and modernize the TraPac Jacksonville terminal in a $60 million deal.
A one-on-one talk with the head of maritime operations for the Port of New York/New Jersey.
Jefferies analyst Randy Giveans maintains that container shipping stocks still have a lot more room to run.
Freightos CEO Zvi Schreiber and Steve Ferreira, CEO of Ocean Audit Inc., discuss international shipping on Monday during FreightWaves’ Global Supply Chain Week.
Xeneta CEO Patrik Berglund explains how carrier negotiating power has changed the annual contracting equation.
Lars Jensen talks about headwinds facing global shipping in 2022 with FreightWaves’ Kevin Hill at Global Supply Chain Week.
Long-term contract rates are at record highs. Shipping lines hold all the cards at the negotiating table.
West Coast terminal operators could be taking advantage of supply chain disruptions by overcharging shippers for using night gates.
Dysfunction at the nation’s largest port helps explain why the U.S. is losing the trade war to China.
They can take my gravy when they pry it from my cold, greasy skillet.
Besides the daily challenges drayage truckers face to keep their small businesses afloat at the Port of Oakland, some are questioning whether they will be operating this time next year.
A carbon price is an “essential element in any decarbonization plan,” John Butler, president and CEO of WSC, said during a press conference Thursday.
A Coast Guard commanding officer says the main goal of icebreaking is to “keep industry afloat and keep people employed.”
