Container lines set to topple quarterly profit records (again)
New disclosures by lines point to massive ocean-carrier profits in the second quarter.
New disclosures by lines point to massive ocean-carrier profits in the second quarter.
Biden’s executive order calls on the Justice Department to help regulators monitor pricing practices and anticompetition in the container shipping and rail sectors.
McCarthy Construction Cos. has been awarded three projects to help handle growing cargo volumes on the Texas Gulf Coast.
More box ships, bulkers and tankers are changing hands than ever before — good news for ship values and stocks.
Ocean carriers could make up for two decades’ worth of losses in a single year as demand overwhelms vessel supply.
California offshore traffic jam, Ever Given, Yantian closure, skyrocketing rates and volumes … what’s next for container shipping?
Experts say disruption to the supply chain caused by the coronavirus crisis has been challenging for manufacturers of all sizes, particularly smaller companies.
The Louisiana International Terminal will be capable of handling 2 million twenty-foot equivalent units annually.
More problems loom for importers of Asian containerized goods and tanker slump could last even longer.
May’s container movements at the Jacksonville port beat the previous record set in October 2019.
1986: Liberia fights to remain a leading flag of convenience as competition increases.
A year and a half after COVID emerged in Wuhan, China’s exporters, liners, shipyards and container factories are all booming.
A potential strike by Canada Border Services Agency officers threatens to disrupt the country’s supply chains. The Port of Vancouver could feel the most pain.
There has never been a better time to own container ships and lease them to liners. But some owners are selling ships and cashing out.
“The demand is still here, the demand is growing, ships are getting bigger,” says Port Houston Executive Director Roger Guenther.
Americans are spending more on services. Contrary to predictions, this has yet to curb demand for containerized goods.
Spot pricing has surged even higher, propelled by carrier rate hikes and China congestion fallout.
Container Ship Fleet Size by Nationality of Operation
Former chief mate of MSC Gayane gets seven years behind bars for lead role in massive 2019 smuggling operation.
Decision to secure dedicated vessel highlights unprecedented strength of container shipping and risks faced by importers.