Maritime News

Matson expects its operating income from ocean transportation this year to drop 15 percent to 20 percent from 2015, when its niche China-to-U.S. service benefited from larger rivals’ problems at West Coast ports.

Pan Ocean, one of South Korea's largest bulk carriers, has resumed container services in Southeast Asia for the first time since it exited receivership in early 2015.

Hanjin Shipping’s creditors Wednesday approved the shipping line’s proposal for voluntary restructuring of its debt.

Damco profit jumped triple digits in the first quarter.

Every major metric of performance for APM Terminals suffered in the first quarter.

Speculation on the makeup of a new container shipping alliance is mounting following the unveiling of the Ocean Alliance last month, with Maersk Group CEO Nils Andersen chipping in with his views on the subject.

Freight rates at record low levels dragged down Maersk Line's first-quarter net profit.

The U.S. Federal Maritime Commission is levying the collective experience of the private sector to fight congestion at U.S ports.

Pacific International Lines is looking beyond today’s bleak business climate and is aiming to make a splash later this month.

Trans-Atlantic spot rates are forecast to rise.