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.
03 Nov 2014
The much-hyped north-south liner routes aren’t living up to their billing as the future of container shipping in the new low-growth environment that followed the global financial crisis.
10 Oct 2014
OOCL has unveiled low sulfur surcharges of up to $110 per 20-foot container for Europe-North America voyages to cover the extra cost of burning cleaner fuels in 2015.
03 Oct 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
29 Sep 2014
Trans-Atlantic spot container rates have been relatively stable in recent months on both eastbound and westbound shipping routes between northern Europe and North America, according to Drewry Maritime Research.
05 Sep 2014
Multiple container lines have planned general rate increases in numerous trade lanes in September and October, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
04 Sep 2014
Due to lower trade volumes to and from emerging markets in Asia, ports around the world overall saw weak performance in the second quarter of 2014, according to the Shanghai International Shipping Institute.
Weekly wrap-up: ILWU ratifies deal with PNW grain handlers, reaches tentative agreement on health benefits with PMA
30 Aug 2014
Members of the International Longshore and Warehouse Union ratified a new collective bargaining agreement with grain handlers in the Pacific Northwest, ending a two-year battle between the two parties.
29 Aug 2014
Several container lines have planned general rate increases in trade lanes in the next two months, but any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
29 Aug 2014
Global schedule reliability has declined for the first time in six months, as carriers continue to deal with congestion in North Europe and the U.S. West Coast, according to a new report from SeaIntel Maritime Analysis.
16 Aug 2014
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.
06 Aug 2014
The U.S. ocean container trade via European ports, including transshipments, increased 3.8 percent year-over-year to 4.6 million laden 20-foot-equivalent units in the 12 months ending March 2014, according to PIERS, the data division of JOC Group.