Maritime News

CSCL Globe, China Shipping container ship
China Shipping Container Lines in the first quarter continued its profitable turnaround that began with a positive 2014 annual result, reporting a 305 percent increase in net profit to $40 million.

container shipping at Port of Oakland
Forget faster shipping services and press container lines for better reliability is the advice from Drewry to shippers prepared to pay a premium for expedited options.

Hamburg Sud container ship transiting Panama Canal
German container line Hamburg Süd, traditional a north-south carrier, is putting volume growth in the major east-west trades at the top of its agenda this year.

Cars loaded on roll-on, roll-off ship
A year ago, the European roll-on, roll-off market was rife with fears of carrier bankruptcies, shotgun sales and shuttered operations. Then the unexpected happened: Oil prices plummeted, and those fears haven’t just been allayed, but ro-ro carriers are on the verge of a mini-boom.

With West Coast port congestion and container backlogs easing faster than predicted, beneficial cargo owners are reassessing their supply chain strategies for the coming shipping season.

The privatization of Kingston Container Terminal should help revive transshipment, but the new operator will face competitive challenges

The number of westbound 40-foot equivalent ocean containers available in Chicago and Kansas City surged in early April, another sign the West Coast container logjam has broken and the Chinese New Year reprieve is over.

A former employee of U.S. mainland-Puerto Rico carriers Sea Star Line and Trailer Bridge has been charged with defrauding the companies of $2.1 million by submitting phony invoices for container and equipment decals and inspection and transportation of containers and equipment.

Horizon Lines said it expects to complete its sale to Matson by the end of Horizon’s second quarter in late June. The deal received clearance from U.S. antitrust regulators this week.

Zim container ship in Savannah
Zim Integrated Shipping Services announced the launch of a new service between Asia and the U.S. East Coast via the Suez Canal at the end of May.