Declining U.S. exports are offsetting U.S. imports and confronting container lines with tough decisions in the Mediterranean-North America trade.
26 May 2015
CMA CGM is launching a trans-Atlantic service with Hamburg Sud and United Arab Shipping Co., and enhancing another service after the French carrier shipped 35 percent more volume between the U.S. East Coast and North Europe in the first three months compared to the same period year ago.
18 May 2015
The North Atlantic, for long the “sleeping dog“ of container trades, is “waking up,” as rising European imports on the back of a strong U.S. dollar lift freight rates and attract new services, according to Drewry Maritime Research.
05 May 2015
Eastbound trans-Pacific liner reliability has improved for the first time this year, but liner reliablity on the opposing direction fell to the lowest point since JOC.com began collecting SeaIntel data in August 2011.
07 Apr 2015
Trans-Atlantic shippers in February experienced the worst service in three years, according to SeaIntel Maritime Analysis.
11 Mar 2015
The yawning cargo imbalance on the North America-Mediterranean container trade is still widening and carriers need an economic recovery in southern Europe to narrow the gap, according to Drewry Maritime Research.
23 Feb 2015
Trans-Atlantic carriers face a struggle to hike rates amid rising capacity and new competition, even as the euro’s slide against the U.S. dollar boosts shipments on the key westbound leg, according to Drewry Shipping Consultants.
16 Feb 2015
United Arab Shipping Co. on Monday said it will make its debut on the North Atlantic container trade lane in May via a new vessel-sharing partnership with French carrier CMA CGM and Germany’s Hamburg-Sud.
05 Feb 2015
U.S. trade moving on container ships directly via European ports, including transshipments, increased 2.1 percent year-over-year to 4.6 million 20-foot-equivalent units in the 12 months ending September 2014, according to PIERS, the data division of JOC Group.
02 Feb 2015
When the Maersk Kotka called at Charleston and Savannah on Jan. 30 and 31 on a Europe-U.S. Gulf-Mexico-U.S. South Atlantic rotation, there was nothing unusual about the service, but for one big thing: It marked the first call at those ports by a ship on the revamped trans-Atlantic TA3 service jointly operated by Maersk Line and Mediterranean Shipping Co. in the new 2M Alliance.
19 Jan 2015
Among the world’s largest trade lanes, the trans-Atlantic rarely grabs the headlines, but it can still spring a surprise. Final figures aren’t in yet, but the route grew faster than its larger east-west rivals and the much-hyped north-south trades through most of 2014.
10 Dec 2014
Hapag-Lloyd and CSAV will launch new joint services between March and June, the carriers said today after unveiling new-and-improved service loops.