Trans-Pacific box rates poised to rise?
Asia-U.S. container rates are still not showing peak-season strength, but optimism remains.
Asia-U.S. container rates are still not showing peak-season strength, but optimism remains.
Evergreen Marine reports a second quarter profit and says it will add 23,000 TEU ultra-large containerships to its fleet.
Hapag-Lloyd says it outlook for the second half of 2019 is unchanged even if it has to deal with more trade restrictions.
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 […]
The Netherlands-headquartered shipping line Universal Africa Lines (UAL) recently added Port Houston’s City Docks to its liner service that connects the Gulf of Mexico and Mexico with West Africa. UAL, which specializes in servicing the oil and gas industry and tailoring logistics solutions for clients shipping to difficult areas, will now offer up to three […]
The quarterly results of Costamare reveal continued rise in container-ship charter rates.
This week, VLCC rates are going sideways, Capesize rates have reversed, and container shipping has yet to gain traction.
It’s hard to blame the skeptics, given what has happened in the past, but dry bulk freight rates are getting pretty impressive.
Sudden surge in marine fuel costs could spur shippers to consider switch to California over Panama Canal route.
A suspension “until further notice” of the latest round of draft restrictions on ships using the Panama Canal was issued yesterday by the Canal Authority. Dry conditions are likely to continue throughout July and may last to the end of the year.
The Caribbean is container shipping’s all-important crossroads of the Americas.
It has now been a half-decade since the emergence of large-scale container liner alliances. What’s their track record?
The U.S. fireworks supply comes primarily from China, and one company controls most of that trade. Read Market Expert Henry Byers’ fascinating article about fireworks!
Some believe the pace of regulatory and technological change is causing owners to pull back from newbuilding contracts.
Dry bulk shipping could be a winner following the ceasefire in the trade war between the U.S. and China.
Research by Clarksons confirms acceleration of scrubber installations, reducing available ship capacity.
Container ports at risk of earthquake aftershocks
East Coast refinery outage spurs more trans-Atlantic gasoline cargoes from Europe.
Geopolitical and trade tensions are having an increasing effect on shipping rates.
New incentives for container shipping could bring more boxes through the canal to the U.S. East Coast.