CEO tells FreightWaves the U.S.-China trade war has transformed the trans-Pacific trade and customers are receptive to paying IMO 2020 bills.
Hapag-Lloyd says addition of a sixth ship to one of its U.S.-flag transatlantic services will improve reliability.
Maersk, MSC, Hapag-Lloyd and COSCO will be the main market share “losers”, says Alphaliner.
Ocean carrier says the onus in on marine fuel suppliers to scale up production to meet target dates.
From Oct. 1 new low-sulfur fuel charges are being levied by some container lines with more to follow through Q4. Use of the fuels is not mandatory until January 1, 2020.
This week, VLCC tanker rates are rising, whereas both trans-Pacific box rates and Capesize bulker rates are slipping.
Dry bulk spot rates have pulled back from recent highs, while trans-Pacific container rates have held their gains.
Delays, diversions and weekend gates as ports get back to normal schedules.
The beleaguered dry bulk shipping sector is nearing its post-financial-crisis peak. Is it sustainable?
Sixth largest container shipping firm cites Asian demand for fresh food as prompting the move.
Maersk, Hapag-Lloyd, HMM and OOCL have announced plans to impose penalties on shippers.
Import volumes see best month in 2019, but year-to-date still lower.
A container fire aboard the APL LeHavre comes as many liner companies are cracking down on misdeclared cargo.
Hapag-Lloyd says it outlook for the second half of 2019 is unchanged even if it has to deal with more trade restrictions.
Germany’s DB Schenker is joining the ranks of logistics companies that aim to bring cargo booking online. One of the top five freight forwarders in the world, DB Schenker said it will introduce its connect 4.0 platform to North American shippers. Connect 4.0 allows customers to make and to book general cargo transportation. DB Schenker […]
Four of the largest shipping lines and five ports operators committed to support a blockchain development platform for the shipping industry. Hong Kong-based CargoSmart said the agreement with CMA CGM, Cosco Shipping Lines (HKEX: 1919), Orient Overseas Container Line (HKEX: 316), Hapag-Lloyd (FSE: HLAG), along with Cosco Shipping Ports, Hutchison Ports, Port of Qingdao, PSA […]
It has now been a half-decade since the emergence of large-scale container liner alliances. What’s their track record?
Hapag-Lloyd (FSE: HLAG) and Ocean Network Express (ONE) says they will join the TradeLens blockchain platform developed by Maersk (Nasdaq OMX: MAER.B) and IBM (NYSE: IBM). The fifth- and sixth-largest carriers respectively, Hapag-Lloyd and ONE join CMA CGM and Mediterranean Shipping Company (MSC) in using the platform. TradeLens now extends to more than half of […]
Market expert Brian Aoaeh writes about the new Digital Shipping Container Alliance and why standards are important to industry. He also writes about why getting standards written and adopted is particularly difficult.
A consortium to improve the technology used in container shipping just got larger with the addition of several big names in the liner business. The Digital Container Shipping Association (DCSA) said France’s CMA CGM, Taiwanese carriers Yang Ming and Evergreen Marine, Korea’s Hyundai Merchant Marine and Israel’s ZIm are joining the group. The Amsterdam-based […]
