Maritime News

Damco's new CEO Klaus Rud Sejling has held positions within the Maersk Group across its transportation and energy divisions.

Damco has named a long-time executive as its new CEO as the company’s parent Maersk Group reorganizes itself.


There are no negative consequences to the shipper for its container missing a ship. For the ocean carrier, the costs are huge.


A prominent Russian maritime lawyer said the companies should appeal the decision in the hopes of having the decision overturned.

Shippers are being urged to have a good look at the financial situation of carriers before committing their cargo, but that is going to be a complicated procedure.

A US federal maritime commissioner on Monday said that alliances may have to prove they have emergency procedures in case a member carrier collapses after Hanjin Shipping did just that.

SeaLand announced Monday it has added the Port of Hueneme, California, to its weekly west coast Central America service.

East and Southeast Asia, home to many of the world's largest ports, showed little improvement in productivity from 2014 to 2016.
Productivity levels at the world’s top 30 container ports have shown little sign of improvement over the past two years, and ports in several regions are showing worrying levels of decline.

A federal bankruptcy judge on Friday agreed that non-vessel-operating common carriers should be covered by part of a protective order granted two weeks ago that was intended to help smooth the release of tens of thousands of containers trapped on Hanjin Shipping vessels and terminals around the globe.


Eight dockworkers boarded a container ship berthed at Santos as part of ongoing industrial action in the harbor.

With the crisis unlikely to abate soon, complaints of inappropriate pricing practices related to Hanjin Shipping cargo will most likely continue to surface.
Hanjin Shipping told a bankruptcy court in Newark, New Jersey, on Friday that railways, terminal operators, and container lessors are price gouging the South Korean line’s shippers by asking those cargo owners to pay more than usual to bring freight into US ports, in the wake of Hanjin’s recent bankruptcy filing.