THE Alliance
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American Shipper
HMM Nuri slated to transit Suez Canal on maiden voyage
The South Korean container carrier expects the Suez Canal backlog to be cleared by the time the HMM Nuri arrives in mid-April.
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American Shipper
HMM makes billion-dollar turnaround from loss to record profit
Korean container carrier HMM expects equipment and capacity shortages to continue at least through the end of the first quarter.
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American Shipper
ONE has second quarter of ‘significantly increased’ profit
Ocean Network Express takes giant profitability leap — from $5 million to $944 million year-over-year.
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American Shipper
Hapag-Lloyd’s earnings ‘significantly higher’ despite uncertainty of 2020
Hapag-Lloyd credits higher freight rates and lower bunker prices as “the main drivers of these positive business developments.”
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American Shipper
Hapag-Lloyd, ONE order ultra large container ships
Hapag-Lloyd and ONE have ordered 12 ultra large container ships, all of which will be able to carry more than 23,500 TEUs.
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News
Port of Houston lands new direct Asia service
Port Houston will be the first U.S. port of call in THE Alliance’s new direct Asia service. The trans-Pacific EC6 service will begin in Kaohsiung,…
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American Shipper
HMM may explore autonomous ships, trans-Atlantic trade
South Korean carrier announces opening of fleet control center but doesn’t open up about sailing plans.
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American Shipper
HMM makes steep climb toward profitability
Operating profit “turnaround” of more than $300 million reported.
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Maritime
Commentary: When is a carrier price gouging?
Darren Prokop's commentary concerns whether price gouging is taking place on container shipping between Asian ports and the U.S.
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Container
Are trans-Pacific carriers guilty of price gouging?
“Optics” are bad but freight pricing doesn’t appear to meet regulatory bar for intervention.
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