Maritime News

News & Analysis

Container lines focused on calling at Caribbean ports such as St. Thomas in the U.S. Virgin Islands, pictured, have found themselves facing stronger competition from global majors.
26 Aug 2016
Caribbean container ship operators have tried to rationalize vessel capacity, but their efforts have failed to curb the decline in rates.
The financial benefits of a merger between Hapag-Lloyd and United Arab Shipping Company could begin to materialize for both liners as soon as next year.
26 Aug 2016
Hapag-Lloyd shareholders Friday paved the way to a merger with United Arab Shipping Company and creation of the world’s fifth-largest container shipping line.
Trans-Pacific volumes have been respectable this year, but they have still been unable to catch up with capacity introduced by container lines in the recent past.
26 Aug 2016
Vessels carrying peak-season imports from Asia are filling up.
Although Rickmers Holding has backed away from this merger, the company signaled it remained open to other opportunities that might present themselves.
26 Aug 2016
Germany’s Rickmers Holding and ER Capital have dropped plans to merge their ship management operations.
26 Aug 2016
Matson will build two container/roll-on, roll-off ships.
The Port of Hong Kong, pictured, is just one of the many top ports that will soon find themselves facing new challenges on a number of fronts.
26 Aug 2016
The reign of container terminals as profit leaders in supply chains is under pressure.
26 Aug 2016
The weather system currently extends from eastern Cuba north to the central Bahamas.
The cash from Korean Air Lines is separate from an earlier announced plan to raise liquidity at Hanjin Shipping.
26 Aug 2016
Korean Air Lines is swooping in to support Hanjin Shipping.
The days of questions about zero freight on the Asia-Europe trade may be gone, but the market is still a difficult one for container lines.
26 Aug 2016
It may not seem like it, but there has been an upward trend in Asia-Europe freight rates since the March lows.
Singamas manufactured 112,599 less containers in the first half of 2016 than 2015.
26 Aug 2016
The world’s No. 2 container maker, slumped to a loss in the first half of 2016.
The Ocean Alliance will get a new 45-day review period from the U.S. Federal Maritime Commission after it submits responses to FMC queries.
25 Aug 2016
U.S. maritime regulators have more questions for the Ocean Alliance.