Maritime News

The Hanjin Shipping bankruptcy may be behind a recent surge in freight moving inland from West Coast ports.

Colombo International Container Terminals this week hosted the MSC Maya, reportedly the largest container ship ever to call Sri Lankan shores.

Even the immediate withdrawal of 150,000 twenty-foot-equivalent units of capacity on the Asia-Mediterranean trade after the bankruptcy of Hanjin Shipping could not lift rates for a sustained period of time.
Container shipping on Asia-Europe enters its slack season that will last until the pre-Chinese New Year pick up.

With chassis shortages in Los Angeles-Long Beach reaching a crisis level, a Southern California warehouseman is ready to accept and store empty and leased Hanjin Shipping containers.

The Mercosur trade bloc of Argentina, Brazil, Paraguay, Uruguay, and Venezuela are all set to increase their food exports to Russia this year.

Concerns still remain on the holdouts, IT issues, and accuracy of declarations related to SOLAS container weight rule.


APL Logistics and its parent company have retracted statements made by their employees that said “K” Line could go bankrupt, after the Japanese container line threatened legal action.

Cosco Shipping Ports on Wednesday entered into an agreement with Abu Dhabi Ports to build and operate a new container terminal at Khalifa Port.

Two more Hanjin Shipping vessels are heading for the Port of New York and New Jersey.

As Hyundai Merchant Marine is scaling down its deployment of extra loaders, Maersk Line is continuing to add vessels to handle Hanjin Shipping cargo.