Maritime News

Port of Antwerp
Antwerp’s container traffic grew 5 percent year-over-year in the first three quarters of 2014, putting the Belgian port on track for a record total throughput in 2014.

Aided by a Pennsylvania incentive program, Mediterranean Shipping Co. will continue to operate a direct service between North Europe and Boston and Philadelphia alongside its forthcoming 2M Alliance with Maersk Line.

Construction on Crowley’s two vessels powered by liquefied natural gas began today, with the first of the pair slated for delivery in second-quarter 2017 and the second expected later that year.

Drewry spot rate chart
General rate increases in the trans-Pacific count on participation from all carriers to be successful, and are hurt when one carrier or several discount prices on the eve of a hike, Transpacific Stabilization Agreement executive administrator Brian Conrad says.

Hamburg Süd said it has taken steps to combat significant delays in vessel arrivals and departures at the ports of Los Angeles and Long Beach as severe congestion at the largest port complex in the Americas has reached a new level of intensity.

Port of Los Angeles Executive Director Gene Seroka assured footwear importers meeting in Long Beach Tuesday that the Southern California ports have proposals that could provide some immediate relief to the worsening congestion problem in the harbor.

The Ocean Three Alliance of CMA CGM, China Shipping and United Arab Shipping Co. has received U.S. regulatory clearance without the standard 45-day review by the Federal Maritime Commission, but Commissioner Richard Lidinsky isn’t happy about it.

CMA CGM
With reefer volumes surging, the world's third-largest carrier says it bought new refrigerated containers as part of a larger effort to handle 1 million reefer TEUs annually by 2015

North Sea Route
Shipowners operating in the Arctic and the Antarctic caught a glimpse of the first set of international regulations on the trade today, the first full draft of laws aimed at reeling in the shipping's Wild West.

The CKYHE Alliance said today it would expand its coverage once again — this time opening up the scope of the alliance's trade loops to the United States.