Maritime

Five years after bringing dry bulk freight futures to the masses, Breakwave makes a splash in tanker investing.

Older ships are being kept in service longer in pursuit of profits, heightening the risk of accidents and spills.

Union Pacific’s expanded service allows ocean carriers and BCOs to utilize on-dock rail at the Barbours Cut Container Terminal at Port Houston.

Despite a slow Memorial Day start, summer demand is expected to hike tanker rates in the months ahead.

The Port of Corpus Christi has named Kent Britton interim CEO to lead the South Texas port until a permanent chief executive is found.

Canadian Pacific Kansas City is adding 1,000 refrigerated intermodal containers to its Mexico railroad business.

Container volume at ports in Houston and New Orleans fell in April, while Corpus Christi was bolstered by crude oil exports.

Not all cargo markets are back to pre-COVID “normal.” Container shipping rates to South America remain elevated.

Large liquefied petroleum gas tankers are riding high on rising U.S. exports and higher Chinese import demand.

More signs are surfacing that the second half of the year won’t be a panacea to the international freight recession. Seko Logistics says there won’t be a surge in orders that fuels transportation spending.

Bed Bath & Beyond “failed to manage its own supply chain” and “exacerbated the bottlenecks faced by other shippers,” alleges OOCL.

Zim outperformed competitors on the way up and is falling faster than other carriers on the way down.

Trans-Pacific spot rates have pared earlier gains and remain at loss-making levels. Demand has yet to rebound.

An annual survey from Descartes shows how brokers and forwarders are adjusting to the downside of the cycle.

Port CEO’s resignation came a day after a story aired on a local TV station about his alleged excessive expenditures.

Europe faced a potentially disastrous energy shortage after war broke out. LNG shipping played a vital role in limiting the fallout.

Outsize profits are still flowing to companies like Danaos and Costamare that lease ships to container lines.

The container shipping party is over — that’s old news. Yet headlines continue to focus on comparisons to the peak.

It is becoming increasingly clear that hopes of a container boost from the reopening of China are all but gone.

A group representing the nation’s largest container ports contends lawmakers are misleading the public with a bill targeting Chinese-made container cranes.