Hyundai Merchant Marine said on Tuesday that the first three of five meetings with bondholders to renegotiate credit terms were successful.
China Cosco Shipping and Hanjin Shipping have added a call at the Port of Mobile, Alabama.
Another week, another step closer for CMA CGM toward acquiring NOL.
The worst could be over for the Asia-North Europe trade, but maybe not, Drewry says.
2M restructures its Asia-North Europe services to better manage its scale.
An increase in Asian freight shipped straight to Mexico means fewer trucks heading south from the U.S., tighter capacity for northbound shipments.
Rise ends three consecutive weeks of decline.
A crackdown on existing inspection standards could reduce the number of vessels available to carry cargoes in U.S. domestic waterborne trade.
June 1 general rate increases make their presence felt on Asia-Europe.
The International Maritime Organization’s call for leniency in enforcement of the verified gross mass rule after July 1 contradicts the carrier and terminal message of “no VGM, no load.”