Matson

U.S. ocean line Matson said its terminal joint venture shored up fourth quarter results as container volumes fell on weaker China traffic.

Matson saw its shares gain as a positive outlook for China-related shipping outweighed weaker financial results in the third quarter.

China won’t collect port fees on Chinese-built U.S. cargo vessels.

China will levy port fees on U.S.-flagged and -owned ships, the latest escalation in the trade war with the United States.

Hawaii and other American territories called for changes to the Jones Act, citing unfair economic burdens outside the continental United States.

Matson said earnings were weaker as trade and tariff volatility hit  volumes on China routes. 

Shares of Matson, the largest U.S.-flag shipping line, are collateral damage in President Donald Trump’s trade war.

Ocean shipping and logistics services provider Matson saw improved third quarter profits as higher China and domestic freight rates offset mixed container volumes. Operating income was $227 million for the three months ended Sept. 30, up from $118 million in the year-ago quarter, the Honolulu-based carrier said in an earnings release. Revenue from ocean transportation […]

Profits being reported by container shipping lines are down from the stratosphere but many still surpass pre-COVID returns.

Despite ongoing controversy over shareholder treatment, analyst Michael Webber says shipping is doing a better job.

Expectations for peak season have waned, but container lines may have bounced off the bottom.

New Alphaliner data highlights the enormity of new container shipping capacity that’s poised for delivery.

Container shipping rates — particularly from Asia to the U.S. — are still falling hard and show no sign of finding a floor.

El índice mundial ha bajado un 44% en los últimos 6 meses, pero sigue siendo 3,4 veces superior a la media anterior a COVID

Port congestion and voyage cancellations by shipping lines are preventing a steeper slide in spot container freight rates.

Los índices de transporte marítimo transpacífico de contenedores al contado de FBX han subido en la última semana

Last year was historically strong for some maritime businesses, terrible for others. No matter what the sector, maritime CEOs made millions.

‘Right now, we don’t see a huge buildup of volumes because of the closedown in Shanghai,’ reports Maersk CEO Soren Skou.

Tanker, bulker and LNG shipping stocks rise as domestic freight and container stocks face pressure.

Some shipping shares are rising because of war tailwinds. Others are rising despite war headwinds.