Maritime News

The legal salvo is the latest sign of how Hanjin containers continue to disrupt the global container shipping market.

The Port of Gothenburg faces fresh strikes.

Spot rates in eastbound Pacific dropping during post-Chinese New Year lull, but not as steeply as last year.

Spot rates on the Shanghai-Europe trade have fallen for the seventh straight week.

China reports solid January export growth to its biggest trading partners.

The move furthers the South Korean carrier’s efforts to generate cost-reducing synergies.

A senior source close the matter told that the government of Hong Kong had made its concerns known over such changes to Beijing.

Even though container volumes grew 4 percent in the fourth quarter of 2016, this did not lead to a corresponding increase in demand for container ships.

US inventories are rising, but inventory-to-sales ratios are falling, a sign freight is moving inland faster and inventories turning over more rapidly.