“The container shipping industry is currently seeing unprecedented demand, which has led to a shortage of containers all over the world,” says CEO Rolf Habben Jansen.
“We have invested in the right infrastructure at the right time to handle growing cargo volumes and bigger ships,” says South Carolina Ports’ Jim Newsome.
The container ship now is expected to anchor in San Pedro Bay on May 1.
U.S. maritime regulators are giving ocean carriers and shippers more flexibility to meet contract filing requirements.
Dry bulk shipping rates are now double to triple five-year averages. Stock prices of dry bulk owners are on the ascent.
Eight missing crew members of a Seacor Marine lift boat are presumed dead.
A total of 19 crew members were on board the Seacor Power when it overturned during rough weather 8 miles off of Port Fourchon, Louisiana.
Savannah’s record March underscores why it’s investing hundreds of millions on new capacity upgrades.
The Teamsters call it a strike, but it is more of a protest. Still, it did garner support from another union on Wednesday.
The ongoing search for missing crew members of the capsized Seacor Power has intensified.
U.S. ports just booked their largest import hikes in memory, according to The McCown Report.
Retail sales surged in March along with freight volumes. An increase in vaccinations and stimulus payments provided a “perfect alignment” for the blowout report.
As longshoremen begin partial strike, here are seven key questions about the Port of Montreal, the labor dispute and what might happen.
Imports into Los Angeles at not slowing down. Can the backlog be cleared before the peak-season swell begins?
“We’re giving it all we have,” Coast Guard Capt. Will Watson said about the search for a capsized commercial vessel’s missing crew members.
NOAA Ship Fairweather, a coastal survey vessel, will return to its homeport after a major renovation of the facility.
More than a third of the crew on the MSC Gayane smuggled cocaine in June 2019. The first prison term has just been handed down.
Port of Montreal longshoremen will begin a partial strike after employers moved to stop providing guaranteed minimum pay as labor dispute hits the skids, again.
As cargo shippers struggle, container-vessel companies rake in massive profits. Early signals point to record Q1 results.
Container shipping spot rates haven’t budged from COVID-fueled peaks. Cargo shippers’ hopes for a rate pullback are fading.
