Hapag-Lloyd will add a direct port call at Bahrain to its South China Sea Express and Middle East Express services.
Maritime News
Maritime is the movement of international trade generated by freight companies. Whether moving by container ship, heavy lift vessel or tanker, maritime accounts for some 90 percent of all global trade by volume. Container shipping handles the vast majority of consumer goods — from retail products and food to autos and auto parts. Heavy lift vessels handle big equipment for projects such as refineries, infrastructure and wind energy.
Press Releases
18 Jun 2013
The P3 Network announced today between Maersk Line, Mediterranean Shipping Co. and CMA CGM will have little or no impact on the glut of vessel capacity that has been depressing global freight rates, but will enable the world’s three largest container lines to substantially cut their operating costs on the Asia-Europe, trans-Pacific and trans-Atlantic trades.
18 Jun 2013
The Coast Guard has told Horizon Lines the carrier can convert two steam-powered ships to LNG and diesel propulsion in non-U.S. shipyards and still be able to operate the vessels in the Jones Act domestic trade.
18 Jun 2013
The two parts of the container ship MOL Comfort, which broke apart during heavy weather while en route from Singapore to Jeddah, Saudi Arabia, remain afloat, according to the carrier and the Indian Coast Guard.
18 Jun 2013
CMA CGM, Maersk Line and Mediterranean Shipping Co. have agreed to establish a long-term operational alliance on East–West trades.
17 Jun 2013
French carrier CMA CGM will increase rates on westbound cargo moving on its Epic service from India to North Europe and the Mediterranean, starting July 1.
17 Jun 2013
Crowley Maritime’s logistics group has launched a new, weekly less-than-containerload service from Chicago to Puerto Rico, the Caribbean and Central America.
17 Jun 2013
An outbreak of discipline among ocean carriers was the trigger for a 61 percent surge in spot freight rates on the Far East-Mediterranean route, according to industry consultant Drewry.
17 Jun 2013
Spot prices for high and low sulfur bunker fuel increased in the week ending June 14, according to daily Bunkervision price data via international marine fuel oil broker LQM Petroleum Services. H
17 Jun 2013
The hull of the MOL Comfort, a 7,041 20-foot-equivalent unit container ship operated by Mitsui O.S.K. Lines, split in two about 200 nautical miles from Yemen during inclement weather.
Companies in the news
Jun 5, 2013 2:00PM EDT
Commentary
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