Caribbean container ship operators have tried to rationalize vessel capacity, but their efforts have failed to curb the decline in rates.
12 Nov 2015
Widespread predictions that an expanded Panama Canal will set off a boom in Panamanian transshipments are unlikely to pan out, according to port analyst Asaf Ashar.
16 Oct 2015
Crowley Maritime has asked asked the U.S. Federal Maritime Commission for an exemption from having to separately amend and refile approximately 500 service contracts that the carrier will assume with its recently announced acquisition of Seafreight Line.
13 Oct 2015
The first cold-treated citrus imports from Latin America have arrived at the port of Savannah under a U.S. pilot program that aims to cut logistics costs for produce shippers and stands to boost Savannah’s already growing refrigerated cargo business.
06 Oct 2015
Searchers are combing the Atlantic today in the fast-dwindling hope of finding survivors among the 33-member crew of the TOTE Maritime cargo ship El Faro, which sank five days ago during a Category 4 hurricane off the Bahamas.
28 Sep 2015
The DP World Caucedo transshipment hub in the Dominican Republic is moving forward with upgrades to accommodate the larger vessels that will be able to traverse the expanded Panama Canal next year and provide shippers with more warehouse capacity.
28 Aug 2015
South Florida ports are readying themselves for gale force winds and a downpour of rain as Tropical Storm Erika prepares to make landfall in the Sunshine State this Monday.
27 Aug 2015
Operations at ports on the Virgin Islands and Puerto Rico were shut down Thursday as the eastern Caribbean awaited the arrival of tropical storm Erika.
02 Aug 2015
“It is a historic day – a day for removing barriers,” proclaimed U.S. Secretary of State John Kerry on July 20, as Cuba and America reopened their embassies and ended a 54-year diplomatic stalemate.
19 Jun 2015
Crowley Maritime will add a roundtrip monthly sailing between the Philadelphia area and San Juan, Puerto Rico, to meet demand in a tight southbound market.
18 May 2015
The degree to which the Panama Canal expansion will alter the global cold chain is yet to be determined, but stakeholders are already seeing signs of a rise in business.