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.
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
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 MOL Comfort, a 7,041 20-foot-equivalent unit container ship operated by Mitsui O.S.K. Lines, sunk today about 200 nautical miles from Yemen after its hull was cracked into two during inclement weather, Business Standard reports.
17 Jun 2013
U.S. containerized exports could exceed imports during certain months as soon as 2016 and on an annual basis by 2020, Walter Kemmsies, chief economist at Moffatt & Nichol, told the annual meeting of the Agriculture Transportation Coalition.
16 Jun 2013
Starting July 1, Evergreen Line will boost rates on its trade from the Far East, including Japan, and the Indian subcontinent to Europe.
16 Jun 2013
Hapag-Lloyd will boost rates for all cargo and container types in its trade from Northeast Asia to Australia, beginning July 1.
16 Jun 2013
Mediterranean Shipping Co. has plans to change its East Africa service rotation.
14 Jun 2013
NYK Line has appointed Dan Sheehy as vice president of operating services, effective immediately.
14 Jun 2013
Seaspan has accepted delivery of the MOL Excellence, a 4,600 20-foot-equivalent unit container ship.
Companies in the news
Jun 5, 2013 2:00PM EDT
Commentary
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