container shipping

Data confirms that U.S. importers are increasingly opting to bring Asian cargoes into East Coast ports.

Dry bulk spot rates have pulled back from recent highs, while trans-Pacific container rates have held their gains.

CMA CGM expects an even better second half to the year following its acquisition of CEVA Logistics.

While management teams at some of the nation’s largest TL carriers have been talking up the potential for a solid peak shipping season, Universal Logistics has seen peak season sentiment move the opposite direction.

The beleaguered dry bulk shipping sector is nearing its post-financial-crisis peak. Is it sustainable?

The price of new IMO 2020-compliant low-sulfur fuels is already 30% higher than fuels currently in use, but costs will rise further as the Jan. 1 deadline approaches, says consultant

A direct hit on both Freeport and Miami would compound fallout for ocean shipping.

VLCC rates are up over 200% month-on-month. Trans-Pacific box shipping rates are down 11% since the beginning of August.

The next global recession would have a different impact on ocean shipping markets than the 2008-09 financial crisis.

Canada’s largest port saw increases in tonnage and containers during the first half of 2019, but individual cargo types painted a more complicated picture.

Earlier today in Europe, Danish shipping giant A.P. Moller–Maersk (NASDAQ: Maersk A; NASDAQ: Maersk B) reported a massive increase in second quarter profit and earnings before interest, tax, depreciation and amortization. Revenues “grew slightly,” the shipping mega-conglomerate said.

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.