When the Nicaraguan government earlier this month approved plans by a Hong Kong-based company to build a canal linking the Pacific with the Caribbean and thus the Atlantic, observers in the maritime industry were largely left scratching their heads.
09 Dec 2013
The takeover of the Lazaro Cardenas port in November by the Mexican army underscores an enduring reality in Latin America: its ports a breeding ground for corruption, according to the global risk consultancy Control Risks.
06 Dec 2013
Hapag-Lloyd has expanded its fixed day, weekly Gulf Caribbean Service to include eastbound and westbound calls in Guatemala, Honduras, Costa Rica, Panama and Colombia.
03 Dec 2013
Maersk Line has announced a new weekly intra-America service, which is the result of a slot charter agreement with Hapag-Lloyd.
15 Nov 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November, December and January.
11 Nov 2013
The Suez Canal is steadily luring Asia-to-east coast of North America traffic from the Panama Canal thanks to the economies of scale it offers ocean carriers...
08 Nov 2013
Is the Panama Canal losing its position as the dominant route for East Coast importers of cargo from Asia? Will it be able to regain the services it has been losing to the Suez route when it’s finally able to open its large new locks to post-Panamax ships at the end of 2015?
07 Nov 2013
U.S. containerized imports climbed 5.2 percent year-over-year in August, according to advance figures from PIERS, a JOC sister company. U.S. containerized imports totaled 1.62 million 20-foot-equivalent units in August. This was the largest year-over-year jump since February 2013.
04 Nov 2013
CMA CGM has added a weekly call at the Port of Vitoria, Brazil, to its fixed-day, weekly BRAZEX service connecting South America’s east coast to the Caribbean.
01 Nov 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November and December.
01 Nov 2013
Don’t count on exports to the Caribbean and Central America as a panacea for what ails the sputtering trade with the rest of the recovering world economy this year. What were fast-growing trade lanes are taking a breather. Many tourists are opting to skip their tropical vacations, so those islands are not importing retail goods in anything like the quantity they need when snowbirds come flocking.