Maritime News

Trans-Pacific ocean carriers’ newfound discipline on capacity could yield higher rates from shippers in the coming year — if they don’t fold under the pressure.


The largest pain point yet to resolve in refrigerated shipping is the lack of data and transparency in managing the end-to-end cold chain, the former head of Maersk Line's reefer business says.


This development could signal that carriers will exert more discipline than last year as they negotiate service contracts.

Eimskip says more acquisitions are on the way in 2017.

Barge routes have had varied success around the United States.

“For a fourth year in a row, we recorded an improvement in operating profit.”

New infrastructure is expected to be in place by 2021.

After recording seven straight weeks of declines, spot rates on the China-Europe route have increased.

Forwarders are wasting a huge amount of time and effort on managing the ever changing ocean freight rates, and it is placing a significant cost burden on the industry.

Eimskip aims to make weekly visits by 2020.