The market for container terminals in the U.S. is being helped by cheap prices, low risk, and the advent of automation, according to the latest newsletter from industry analyst Drewry Maritime Research.
15 Jan 2014
As part of a slot sharing agreement, seven container lines will cooperate on three existing Far East-to-Indian subcontinent services, effective in February 2014.
27 Dec 2013
What follows are our picks for the top 10 stories of 2013. Do you agree? Disagree?
16 Dec 2013
Will there be a CKYH-E?
09 Dec 2013
The G6 Alliance laid out an aggressive blueprint for expanding in the U.S. market, saying it could establish a joint operations center similar to the P3 alliance and could jointly negotiate for terminal space, shipbuilding, as well as barge, transshipment and other services.
05 Dec 2013
The G6 Alliance is taking steps to counter the planned P3 Network in a battle for east-west dominance.
05 Dec 2013
The majority of public comments sent to the Federal Maritime Commission regarding the proposed P3 Network were supportive of the vessel-sharing alliance among the world’s three largest global container lines.
03 Dec 2013
The G6 Alliance unveiled plans to expand into the trans-Atlantic and Asia-U.S. West Coast trade lanes in a widely expected response to the proposed P3 Network partnership between the world’s three largest carriers, Maersk Line, Mediterranean Shipping Co. and CMA CGM.
25 Nov 2013
The largest ocean carriers sharply increased their market share at the expense of their smaller rivals in the third quarter, according to Drewry Maritime Research.
21 Nov 2013
Container shipping lines operating from Asia to the U.S. intend to restore baseline freight rates for late holiday season shipments in December and the pre-Lunar New Year period in January.
13 Nov 2013
Conventional wisdom and economic logic, it seems, are two ideals shipping lines operating in the world’s largest ocean trade really don’t care to acknowledge. How else to explain Asia-Europe carriers’ attempt to push through steep rate increases amid cargo growth that’s advancing at a snail’s pace, a persistent glut of capacity and increasingly volatile spot pricing — and doing it during the traditionally weak fourth quarter that followed a second consecutive flat peak season?
23 Oct 2013
It sounds elementary: An exporter in an interior location needs empty containers.