Maritime News

An 18 percent injection of capacity on the U.S. East Coast and Gulf routes will put rates under pressure, even as the proportion of all-water cargo rises now that West Coast port operations in the U.S. have returned to normal.

Alianca Navegacao e Logistica launched a 4,800-TEU, the Bartolomeu Dias, in the Brazilian and South American coastal service and plans to launch a second ship this summer.

Vessel operators are being warned against transit in the Strait of Hormuz, three days after a Maersk Line cargo ship was fired upon and seized by the Iranian Revolutionary Guard.

Charter rates for containerships up to 6,500 twenty-foot equivalent units are on a roll as a rush of new liner services injects a further boost to an already dynamic market, Alphaliner reported.

Panama’s cabinet council has approved a request by the Panama Canal Authority to implement volume-based discounts for container ships. The new toll schedule will take effect April 1, 2016.

Asia-Mediterranean spot rates rose sharply on the back of May 1 general rate increases this week, but a host of GRIs on the Asia-Europe trade were unable to stem the sliding container prices, according to the Shanghai Containerized Freight Index (SCFI).

The U.S. is amping up security measures in the Strait of Hormuz three days after a cargo ship under U.S.


Here’s a refresher on what the world was like before Malcolm McLean’s invention and what’s changed since.


UPS Freight is adding liquefied natural gas-powered tractors to its less-than-truckload fleet, cutting emissions and, hopefully, long-term term fuel costs. Shippers still want trucking partners to help them reach sustainability goals.

Idle containership capacity had crept up to 345,000 20-foot equivalent units, or 1.8 percent of the world fleet of vessels above 500 TEUs, as of April 20, Alphaliner reported.