When a routine maintenance dredging project at two key navigation spots on the Snake River in America’s Pacific Northwest finished in February, it was a welcome sign for commercial users of the waterway, part of the Columbia River system. But mixed messages from Washington on funding for other projects has shippers and transportation providers uneasy.
The idle container fleet shrank slightly to 101 vessels with a total capacity of 323,000 20-foot-equivalent units on May 18 from 106 ships aggregating 348,000 TEUs two weeks earlier, according to Alphaliner.
The Competition Commission of Singapore has recommended extending the liner shipping block exemption for another five years, and this week launched an exercise to gauge public feedback on the controversial ruling.
Krishnapatnam Port Container Terminal, an emerging alternative gateway on India’s southeastern coast, last week celebrated the first vessel call of the Chennai-Colombo-Gulf (CCG) service, a weekly intra-regional loop operated jointly by Simatech Shipping and Evergreen Line
Rising charter costs and bunker prices might slow container lines' rate push. It has been a sobering fortnight for the liner shipping sector, with most of the freight increases from the May 1 general rate increases on several trade lanes disappearing fast
Container shipping lines are enjoying strong westbound traffic growth to South Asia and the Middle East, giving carriers a ray of hope at a time when the shared trunk services from Asia to Europe are struggling, Drewry reported.
Shipping businesses in China are finally emulating their Western peers by embracing the opportunities and challenges brought by the internet, cloud computing, and big data.
United Arab Shipping Co., a member of the Ocean Three Alliance, has taken delivery of the world’s greenest ultra-large container ship.
A new report from the International Maritime Organization warns that shipping emissions could spike 250 percent over the next 35 years.
It’s no secret that specialized carriers are losing refrigerated cargo market share to containerized carriers, but details about why it’s happening, how much cargo is really shifting and who ultimately will control which pieces of the market are less apparent.