Port Report: Shipowners call for end to tension after Iranians seize another oil carrier (with video)
The Port Report focuses on another vessel being seized in the Strait of Hormuz.
The Port Report focuses on another vessel being seized in the Strait of Hormuz.
There are reasons to expect a healthy pop in outbound Los Angeles spot rates.
A pair of enormous crates carrying parts of a South Korea-bound drilling ship will be transported along highways through the Houston area over the next four days. According to Ronnie Smith, owner of Smith Specialized Logistics, it is one of the biggest moves by tractor-trailers ever in the Houston area, requiring a caravan of more […]
Goods like clothes and toys are on the proposed 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.
The deal reached in Washington on Friday will allow the U.S. to nearly triple its beef exports to Europe.
The U.S.-China trade war has dropped trade volumes between the two countries to date in 2019. One result – Mexico is now the #1 trade partner of the U.S.
Automotive carrier Kawasaki Kisen Kaisha (K-Line) has been convicted of being in a criminal cartel and has been fined nearly US$23.4 million in Australia.
As with product tanker rates, crude tanker rates show no sign yet of upside from IMO 2020 preparations.
The Energizing American Shipbuilding Act seeks to revive domestic shipbuilding and maritime industries.
The new tariffs, announced a day after the Fed cut rates, will affect mostly consumer goods.
Morgan Stanley, Susquehanna, and Deutsche Bank cut their price targets; Stifel maintained.
Japans K-Line shipping company reported its fiscal first quarter earnings.
Japanese shipping company NYK;s fiscal first quarter earnings are covered in this article.
An overview of Japanese shipping company MOLs fiscal first quarter earnings is covered in this article.
Ocean Network Express (ONE) expects slightly better profit this year than previously forecast as costs drop one year into its full operation. But overall demand remains tepid as it lowered full-year revenue targets and reduced service in the trans-Pacific shipping market. ONE, the container ship joint venture of Japan’s largest shipping companies, made the forecast […]
IMO 2020-driven refining activity and tanker demand appears to be materializing slower than previously expected.
GSC handles 12 percent of import containers in Oakland, but its leadership is concerned about plans to build a baseball stadium on port property,
Jim Wilson reports on Hong Kong-listed dry bulk ocean shipping company Pacific Basin’s earnings.
Ceva Logistics posts weak first-half results, pressured by economic weakness, subpar airfreight volumes and loss of big ocean contract