Maritime News

Taiwan carrier Yang Ming tells customers of plans to improve its liquidity and stem the tide of losses.


Vehicle buyers and dealers sought treble damages.


Spot rates in eastbound Pacific sgtabilize at high level as Chinese New Year approaches


Largest container terminal in Oakland falls victim to ILWU Trump protest.

The deployment of larger ships and economic weakness in some eastern markets will weigh on spot rates, according to Drewry Shipping Consultants.

The group at the Danish Maritime Forum called for the establishment of an industry taskforce to come up with a plan to reduce the emissions in a unified and global context.

The spot rates on Asia-Europe are slowly losing their gains made in late December, but have been surprisingly resilient into January.

After the share price of OOCL's parent soared by 30 percent in two weeks on speculation that it is for sale, the company has said no bid for the carrier has been received.

A New Jersey judge allows Hanjin Shipping to sell its share of a company that operates terminals in Seattle and Long Beach


Concerned about Hanjin's demise and uncertainty surrounding alliances, some BCOs will take higher rates now to ensure stability.