The Port of Tacoma reported its container volume in May was 758,071 20-foot-equivalent units, increasing 31 percent year-over-year.
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
19 Jun 2013
Freightliner, the United Kingdom’s second largest rail freight operator, today announced its acquisition of ERS Railways, the pan-European intermodal rail company, from ocean carrier Maersk Line.
19 Jun 2013
The P3 Network announced between Maersk Line, Mediterranean Shipping Co. and CMA CGM will bring together portions of the three largest global container ship fleets. The alliance, which is planned for the second quarter of 2014, will enable the three carriers to deploy their largest vessels in the Asia-Europe trade and cascade slightly smaller ships into the trans-Pacific and the trans-Atlantic lanes. This infographic gives a look at how the partners' fleets - both individually and as contributed to the alliance - measure up against the global fleet.
19 Jun 2013
Drewry’s Hong Kong-Los Angeles Container Rate Benchmark remained at $1,957 for a third week in the week of June 19, according to the latest release of the Drewry Hong Kong-Los Angeles Container Rate Benchmark. This comes less than two weeks ahead of the July 1 general rate increase.
18 Jun 2013
Hapag-Lloyd will add a direct port call at Bahrain to its South China Sea Express and Middle East Express services.
18 Jun 2013
Yusen Logistics is adding a weekly service from Ho Chi Minh, Vietnam, to Los Angeles to its LCL network.
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.
Companies in the news
Jun 5, 2013 2:00PM EDT
Commentary
Air Freight’s Hard Landing