International Longshore and Warehouse Union (ILWU) will seek to overturn a jury verdict that says it owes $93.6 million to the former operator of the Port of Portlands container terminal.
China-to-California box rates are up 16% from October lows, but are still down 43% year-on-year.
Lori Ann LaRocco’s new book chronicles the tariff war and tracks its impact through trade flows.
Growth from last year’s front loading makes for tough comps, as trade war upsets seasonal patterns.
In 2020, Matson expects to reap approximately $30 million in financial benefits from new vessels and other infrastructure investments.
All may not necessarily be as it may first seem in the world of company earnings. Dry bulk, ocean container shipping and logistics company Sinotrans (HKEX: 598) may not have delivered a Halloween shocker even though its third quarter results were splattered in red ink all over its income statement. One long-short equities analyst was very bullish on the company’s stock despite the seemingly-poor results!
Seaspan Corp. says there are attractive opportunities to increase the size of its fleet.
Lena Gothberg uses her podcast to spotlight diversity in the maritime industry.
With profits around the corner, listed shipping companies are reopening the dividend spigots.
Florida’s largest seaport will use federal funds as part of expansion of its largest marine terminal.
Women from around the world come together to push for gender equality in the industry.
Global Ship Lease says it focuses on trade lanes responsible for 70% of global container trade and not the big East-West trades.
U.S. Customs and Border Protection officers found the drugs stuffed in duffel bags inside a container load of scrap aluminum and copper en route to Europe from South America.
Evan Efstathiou has just bought his way into the maritime tech landscape.
COSCO Shipping Energy Transportation (HKEX: 01138; SSE: 600026) has shrugged off U.S. sanctions on subsidiary companies to report a huge jump in revenues and a massive surge in profits.
Ardmore Shipping execs predict the initial IMO 2020 phase will favor more expensive 0.1% MGO.
A federal jury has awarded $93.6 million to ICTSI Oregon, the former operator of the Port of Portland’s Terminal 6, after finding dockworkers engaged in illegal work practices such as work slowdowns and stoppages.
North America has surpassed North Asia (China) as EXPD’s highest revenue region.
Asia-Europe and Asia-U.S. spot freight rates jumped 12-30% last week, but can carriers hold on to the gains?
Danaos expects in 2020 container trade demand growth will outpace supply growth for the first time in almost 10 years.
