Maritime News

Spot rates will end the month of July almost where they began with another big bounce.


World Direct Shipping has upgraded its two-year-old Gulf of Mexico service.

SLIDE SHOW: Wind power shipments have emerged as one of the key growth sectors in breakbulk and project cargo shipping.

Costamare and Diana Containerships said they would focus on maintaining liquidity in the wake of their second-quarter results.

Container lines are adding intra-Asia services or improving their coverage of the region to capture what appears to be increasing demand on the North-South trade.

Slowing global growth, liner overcapacity, and high capital expenditure needs will test the resilience of Asia's ports over the next couple of years.

Linea Peninsular has added a weekly container service to Port Tampa Bay.

CMA CGM has been investing in Traxens container monitoring solutions, one of which is pictured, since 2015.
Mediterranean Shipping Co. has joined CMA CGM as a co-investor in Traxens.

Automating the freight booking process may be a little closer with the launching of an online marketplace for China-U.S. shipments.

Hanjin Shipping confirmed it remains in negotiations with tonnage providers for lower rates, but wouldn't say much else.