Maritime News

A Zim Integrated Shipping Services ship forced to abandon its scheduled call at the Port of Oakland over the weekend is now docked at the Port of Long Beach and unloading.

The Middle East-based short sea shipping line Admiral Feeders has introduced a direct feeder link between India and Iran.

Carriers operating in the Asia-Europe and trans-Pacific trades could fall victims to their own tactics, as Alphaliner predicts their refusal to trim capacity and the delivery of big ships could cause major spot rate erosion.

Nearly $300 million in subsidies were given to four Chinese ship lines today, as the Chinese government begins to roll out parts of a six-year plan to update its shipping industry.

Maersk Line has announced low-sulfur surcharges of up to $160 per 20-foot container on the North Atlantic and lesser amounts on other trade routes to offset the cost of complying with regulations requiring ships to switch to cleaner fuels in 2015.

Toyota will use the Port of Savannah’s Ocean Terminal for exports of several thousand Highlander sport-utility vehicles annually from the automaker’s Princeton, Indiana, plant to Australia and New Zealand.

The idle container ship fleet has shrunk to a three-year low, driven by rising carrier demand for Panamax vessels of 3,000 TEUs to 5,100 TEUs capacity, according to Alphaliner.

Bunker fuel prices in Rotterdam, a global indicator, held steady this week though the charge per metric ton is historically lower than in previous years.

Iran and Oman plan to launch a shipping line to boost maritime trade between the two countries by the end of the year.

The number of container ships passing through the Suez Canal is on an upward trend, after nearly three years of declining transit numbers because of rapidly increasing ship sizes.