Maersk crew hospitalized in China with suspected coronavirus
If confirmed, these would be the first reported cases of COVID-19 on board a container ship.
If confirmed, these would be the first reported cases of COVID-19 on board a container ship.
Alabama facility operating normally during coronavirus pandemic.
Coronavirus left containers scattered in the wrong ports. Liner companies are trying to get them back into position.
Unprecedented uncertainty will likely delay annual contracts between shippers and ocean carriers.
Misdeclared cargo blamed for container ship fires, including last year’s blaze on the Yantian Express.
Outlook of world’s largest container line hinges on timing of coronavirus containment.
Acquisition of California-headquartered Performance Team designed to strengthen the shipping giant’s ability to meet customers’ end-to-end supply chain needs.
Inland trucking slowdown in China leaves port reefer plugs full, blocking refrigerated food imports.
Patrick Jany, Michael Mitchell and Giovanni Ravano are appointed to C-suite roles.
Asia-Europe trade sees five sailings cancelled due to coronavirus as global shipping companies remain on lockdown for another week.
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. Much of the discourse and sentiment surrounding the application of blockchain, and other distributed ledger technologies, in enterprise supply chains has taken a decidedly pessimistic turn. This is evident on Meetup.com where blockchain […]
Liner delays put billions in inventory and assets on hold, leading to more efforts to quantify impact.
Group aims to establish common vocabulary to make digital communications easier in ocean freight.
Singapore surge is “trigger” for Maersk to add fuel new surcharge.
Oceangoing vessels challenge scale of newly introduced carbon-free power technologies for short-sea shipping and ferries, World Shipping Council CEO John Butler tells U.S. lawmakers.
Zonar has enabled over-the-air updates for Cummins engines, plus key freight index rises and Connecticut senator asks mapmakers to include truck-specific warnings for low bridges.
Trans-Pacific container rates continue to fall as Asia-Europe rates continue to rise.
Maersk says two of its offices in Brazil were raided, apparently as part of a federal corruption probe.
APM Terminals is selling one of its two large terminals in Rotterdam, but will retain ownership of Maasvlakte II.
A new APM Terminals container terminal in Italy also expects to capture cargo moving to and from Switzerland, Germany and France.
Move to establish green bona fides comes as the liner operator is called out for its carbon output.
With less than a month until the IMO 2020 regulations go into effect, Ben Thrower writes about the impacts about to hit the maritime industry, importers/exporters and consumers.
Soren Toft, the former chief operating officer at Maersk will become chief executive officer at Mediterranean Shipping Co.
With Soren Toft, Maersk COO just a week ago, poised to become MSC’s new CEO, FreightWaves examines which carrier rules the waves.
Europol believe Italy’s ‘Ndrangheta mafia is behind the use of Gioia Tauro as a cocaine hub for western Europe.
The shipping grapevine is abuzz with rumors that the man who was Maersk’s COO until Monday (Nov. 11) could soon be leading MSC.
Focus on profitability over market share bears fruit for Danish container shipping giant.
Sune Stilling, head of Growth for Maersk, right, said the investment fund is focused on companies that keep the customer — not a billion-dollar valuation — in mind when developing their solutions.
Maersk, MSC, Hapag-Lloyd and COSCO will be the main market share “losers”, says Alphaliner.
London-based logistics startup tailored to ease e-commerce returns.
World’s largest shipping line teams up with major customers in test of carbon-neutral fuel.
Ocean carrier says the onus in on marine fuel suppliers to scale up production to meet target dates.
Shippers will shun container lines that lack transparency or overcharge for low-sulfur fuels.
Better fuel prices, capacity and cost management help push up results for worlds largest ocean carrier.
Terminal operator joins TradeLens as it looks to align with ocean carriers and provide better box tracking.
French calls for mandatory slow steaming continue, but the introduction of low-sulfur bunkers could see container lines accelerate services as fuel markets are played for competitive advantage.
Market Voice Brian Aoaeh has a fascinating interview with Wolfgang Lehmacher,, an expert on global supply chains (and much more)!
Maersk subsidiary looks to fix congestion that had been widely cited in 2018 front-loading.
Maersk expects ample supplies of low-sulfur fuels to be available in most ports, but warns shippers to expect higher costs.
Traxens says the new standard will facilitate growth in smart container usage.
Crude tanker rates continue to surge, driven by geopolitical tensions. Meanwhile, container rates remain weak.
The shipping giant has teamed up with JDA to boost warehouse and supply chain visibility
Container ships are setting new records, but for all the wrong reasons, as the vessels become an increasingly popular way to smuggle drugs. As FreightWaves’ Mike King reported, the Maersk Gibraltar, which can carry the equivalent of 5,000 common shipping containers, was the site of the U.K.’s largest drug bust as authorities found about 1.2 […]
Getting to Zero Coalition, which includes Maersk Line, calls for “commercially viable zero-emission vessels” to be deployed on deep sea trade by 2030.
Forwarder outlines pathway to carbon neutral future as climate change takes on new urgency.
U.K.-based technology firm sees 2019 as pivotal year for logistics-focused technology.
Dry bulk spot rates have pulled back from recent highs, while trans-Pacific container rates have held their gains.
Maersk and Ports America onboard with app designed to optimize fraught process of picking up boxes.
Delays, diversions and weekend gates as ports get back to normal schedules.
Does container shipping have a drug problem? After a string of busts in the U.S. in recent months, attention has now switched to the U.K., where authorities have seized 1,279 kilograms of heroin with a street value of £130 million ($148 million). The drugs were found Aug. 30 by officers from Border Force and the […]
At least 15 scheduled sailings from Asia are being temporarily culled due to the Chinese national holiday.
LNG shipping rates are being driven by seasonal issues. Box shipping rates are behaving counter-seasonally.
Container ship firm plans pledge to coincide with upcoming G7 summit in France.
VLCC rates are up over 200% month-on-month. Trans-Pacific box shipping rates are down 11% since the beginning of August.
ZIM, which has entered into space-sharing agreements with Maersk and MSC, says it plans to “double down” on efforts to grow with its partners.
Maersk is partnering with Indian digital freight startup BlackBuck to enter the Indian containerized trucking market for export-import logistics.
A new app aims to streamline household moves, plus China shipping empty containers to Europe and air cargo volumes drop again.
Maersk says technology is core to its vision and wants more of its 6,000-strong IT workforce to be direct employees and not contractors.
The CEO of Maersk says the impact from the U.S.-China tariffs and trade tensions on global trade has been quite manageable.”
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.
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 […]
Companies that build a dedicated M&A program return more value to shareholders.
Owners of ships, railcars and trucks face increased risk from environmental regulations, credit rating agency Moody’s said. The value of $265 billion in debt owed by transportation companies may be in for a bumpy ride in the near-term due to the costs of meeting those new rules. But Moody’s said the transition should be manageable. […]
The Port of Los Angeles is a test bed for the latest in logistics technology, and a target for the threats facing that technology. To stave off those threats, the largest U.S. seaport is seeking bids for a “turn-key” cybersecurity center, “a first-of-its-kind solution that will help to reduce the port-wide risk of a cyber […]
Maersk, for the second time, was granted a permit by the Port of Los Angeles that would allow its APM Terminals subsidiary to install infrastructure for electrified, automated container handling equipment. The Los Angeles Board of Harbor Commissioners voted three-to-two against an appeal by the International Longshore and Warehouse Union (ILWU) Local 13, which opposes […]
U.K.-based Kontainers is releasing a new version of its freight booking software platform aimed at the small and mid-size enterprise market and priced per transaction. The software-as-a-service company said Kontainers Essentials, the third iteration of its ecommerce platform, enables smaller freight forwarders “to immediately compete with new digital first market forwarding entrants.” The five-year old […]
Maersk’s (Nasdaq OMX: MAER) fight to bring automation to its largest North American marine terminal is getting support from shippers and non-ocean carriers concerned about the impact on the environment and the precedent of government overreach into the future of freight. The world’s biggest shipping line faces a do-over as the Los Angeles Board of […]
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 […]
Singapore, one of the world’s biggest centers for the supply of marine fuels, is now enforcing the mandatory use of mass flow metering system for the delivery of distillate fuels. The new mandate went into force as of July 1, 2019.
The Los Angeles City Council voted against a permit that would allow Maersk to begin the process of automating operations at the largest marine terminal on the U.S. West Coast. The Council’s motion to deny Maersk’s APM Terminals subsidiary a permit for installing equipment at its Pier 400 terminal to support automation comes one week […]
When Democrats took the stage for their first debate, infrastructure was hardly mentioned, and doesn’t appear to be a priority in this election cycle.
Maersk rolled out a fully online service for customers to book space on a container ship. The new offering, Maersk Spot, provides customers a port-to-port cargo loading guaranteed at a fixed price upfront. It is The world’s biggest shipping line said the new product addresses fundamental inefficiencies that exist across the industry such as the […]
Maersk (Nasdaq OMX: MAER) will find out how much customers are willing to spend on its ambitious environmental agenda with a carbon-neutral container service. The world’s biggest shipping line is offering voyages on ships using a blend of cooking oil and regular heavy fuel oil. The biofuel blend, which was produced by Shell, is a […]
The Los Angeles Board of Harbor Commissioners narrowly approved a permit that would allow Maersk’s (Nasdaq OMX: MAER) terminals subsidiary to automate container moves at the largest marine terminal on the U.S. West Coast. The board voted three-to-two against an appeal of the permit filed by the local chapter of the International Longshore and Warehouse […]
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.
While most trade lanes grapple with overcapacity and weak rates, the trans-Atlantic westbound market is one bright spot for ocean carriers. One market expert credits a strong U.S. dollar and capacity discipline as the keys to keeping that market firm. Globally, spot container rates are stuck at one-year lows. The Freightos Baltic Index (SONAR: FBX.GLBL) […]
Rates are rising for bulkers and gas carriers, while container pricing on the trans-Pacific is showing signs of life.
Global container carriers CMA CGM and MSC Mediterranean Shipping Company (MSC) today announced they will join TradeLens, a blockchain-enabled digital shipping platform, jointly developed by A.P. Moller – Maersk and IBM.
Improved vessel utilisation is the key to maintaining profitability in what is expected to be a challenging market according to Soren Skou, Chief Executive Officer of Maersk (Nasdaq OMX: MAER). The company has maintained a tight rein on capital expenditure over the past year with no large terminal projects or costly new ships ordered and […]
The Saudi customs has successfully piloted its first shipment through TradeLens, a blockchain-based platform developed collaboratively by Maersk and IBM.
There are some positive signs for shipping rates, but overall, disappointment prevails.
Saudi Arabia Customs successfully transported a container to the Port of Rotterdam using blockchain for the packing list and commercial documents.
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 […]
White House makes sudden u-turn on tariff truce, upsetting calm in financial markets. President Donald Trump ended the spring truce in the U.S.-China trade war this weekend, with threat to go forward with higher tariffs on $200 billion of Chinese imports. He also upped the ante with a promise to add tariffs on another $325 […]
Putting export-import documents online may make a difference between container arriving to customer on time or sitting in a warehouse.
Korea’s only remaining container ship line may want to go beyond its slot sharing deal, but Western carriers wary on subsidized shipping.
LA caught between straits of labor and capital; group looks for ocean freight’s Esperanto; and digital-first forwarder gets $20m funding.
‘Discretionary’ cargo may look elsewhere for U.S. dock space should the biggest terminal in the biggest port not find ways to be more efficient.
World’s largest ocean freight forwarder adds money-back guarantee and carbon offset to what is now considered ‘table stakes’ in ocean freight.
Could this be the year ocean carriers get shippers to pay up? It may be if they want a ‘get-on-the-boat rate’ and not just a ‘paper rate.’
Head of its former energy business departs as almost all of the oil-related businesses are now separated from container ship giant.
Chairman makes mea culpa on previous energy bets as he pledges the focus will be making container shipping simple and easy.
Lack of buyer interest means offshore support vessel service will remain on Maersk’s books for foreseeable future.
Washington insiders say maritime cyber attacks in the U.S. and around the world lack attention and funding.
World’s biggest shipping line trials a backhaul voyage with biofuel in a bid to get jump on 2050 target for shipping industry to go zero carbon.
28-day cooling off period now in works after contentious debate about automation; Union reminds officials that ‘robots do not pay taxes.’
NYSHEX looks to bring in other trade lanes to its platform while Freightos sees ocean shipping outmatching other modes in digital drive.
Industry lobbyists and research group present opposing views on whether the alliance structure of ocean carriers has worked.
Big ships come to U.S. even as backhaul cargoes still lacking, and truckers deal with terminal shut-outs and chassis imbalances.