Maritime

Stuart Chirls Wednesday, January 29, 2025

Maersk wins China cargo relay extension

Maersk has won an additional two years for domestic container transshipments between ports in China. China’s Transport Ministry this week announced an extension of the pilot cabotage program through December 2027. The program aims to improve domestic export and import container flows between Yangshan port in Shanghai and select ports in northern China. It will […]

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Trains.com Staff Tuesday, January 28, 2025

UPDATED: Trump administration rescinds funding freeze

President Donald Trump’s administration on Wednesday rescinded a freeze on federal grants and other funding that could have had far-reaching effects on the transportation sector, one day after the order was announced amid public uncertainty and criticism, media outlets reported. The reversal also follows a federal judge’s order on Tuesday that temporarily blocked the pause […]

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Stuart Chirls Tuesday, January 28, 2025

Will container purchase prices continue their climb?

A strong shipping market helped secondhand container prices grow to an above-average finish in 2024, but it’s unclear whether that will be sustained heading into the new year. “With inflationary pressures persisting and central banks maintaining higher interest rates for longer, container owners will face increased total asset costs,” said Christian Roeloffs, co-founder and chief […]

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