Diversions related to the ongoing negotiations on the U.S. West Coast between the International Longshore and Warehouse Union and the Pacific Maritime Association continue to have an impact elsewhere.
30 May 2014
Multiple container lines have planned general rate increases in various trade routes in June and July, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
21 May 2014
The dramatic surge in the number of container ships scrapped in recent months is set to continue but will have minimal impact on the oversupply of vessels in the key East-West trades, according to Drewry Maritime Intelligence.
15 May 2014
Zim is teaming up with Hapag-Lloyd on the U.S.-Mediterranean route to increase port coverage and reduce transit times, in the Israeli ocean carrier’s second agreement with a member of the G6 Alliance in the past week.
01 May 2014
A temporary space shortage on the trans-Atlantic is looming thanks to implementation of the G6 Alliance in that trade lane.
28 Apr 2014
The opening of the enlarged Panama Canal in 2016 likely will trigger a “massive” surplus of 4,000- to 5,000-TEU container ships, many of which will have to be scrapped regardless of their age, according to Drewry Maritime Research.
25 Apr 2014
Full-year 2013 numbers are in for the U.S. containerized ocean trade, and, as expected, year-over-year growth in imports, exports and total trade was middling.
25 Apr 2014
Peel Ports, owner of the port of Liverpool, signed a £100 million ($168 million) contract with China’s Zhenhua Heavy Industries to supply cranes for a new deep-water quay that will triple the size of container ships the northwestern UK port can handle.
23 Apr 2014
In the mature and stable, some would say boring, trans-Atlantic trade, one category of containerized shipments is booming. The volume growth of U.S. auto exports and auto parts imports ranks first among the top five commodities shipped.
18 Apr 2014
Roger Guenther, executive director, Port of Houston Authority, discusses trade lane growth, specifically with Asia and South America, the renaissance in the energy sector, and planning for future expansions at the port.
17 Apr 2014
Interest in a container and breakbulk service between Cleveland and North Europe launching this month has been fueled by erratic service at U.S. East Coast ports and unreliable service via surface transportation, according to users of the service.
03 Apr 2014
WASHINGTON – The U.S. Federal Maritime Commission yesterday unanimously voted to allow the G6 Alliance to expand into the Asia-U.S. West Coat and trans-Atlantic routes.