Maritime News

Maritime is the movement of international trade generated by freight companies. Whether moving by container ship, heavy lift vessel or tanker, maritime accounts for some 90 percent of all global trade by volume. Container shipping handles the vast majority of consumer goods — from retail products and food to autos and auto parts. Heavy lift vessels handle big equipment for projects such as refineries, infrastructure and wind energy.

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News & Analysis

10 Jul 2014
The Port of Tacoma sealed a new deal with Washington-based carrier Westwood Shipping Lines for the line to move its Puget Sound port of call back to Tacoma.
A Hapag-Lloyd container seen in Singapore.
02 Jul 2014
The ink was hardly dry on Hapag-Lloyd’s merger deal with Chilean carrier CSAV when departing chief executive Michael Behrendt raised the prospect of acquiring an Asian container line.
02 Jul 2014
A major Tokyo-based research firm has painted a grim picture of Japanese container trade in the current fiscal year that started on April 1, citing weaker exports and imports than previously thought.
Drewry’s benchmark spot rate from Hong Kong to Los Angeles jumped for the first time in five weeks.
02 Jul 2014
A $200 gain in the spot rate price per 40-foot container in trans-Pacific lanes could be short-lived, Drewry said today.
Bill Rooney
02 Jul 2014
William Rooney, Kuehne + Nagel vice president, responds to questions about the current slower growth environment and the NVO ability to provide “something broader than rates” as the trans-Pacific trade evolves.
02 Jul 2014
Ocean container carriers must prioritize cost reductions this year to counter lower contract freight rates and volatile spot markets, according to Drewry Maritime Research.
02 Jul 2014
WASHINGTON — U.S. Federal Maritime Commissioners yesterday unanimously voted to allow CKYH partners and Evergreen Line to discuss cooperating in the trans-Pacific and trans-Atlantic trades.
02 Jul 2014
DP World London Gateway has gained its fifth service since opening in November 2013, following Hapag-Lloyd and Mitsui O.S.K. Lines’ merger of their Europe-West Africa joint services.
01 Jul 2014
Global sea and air freight rates could decline by as much as 2.5 percent by the end of 2014, experts at Drewry Maritime Research say.
01 Jul 2014
Beneficial cargo owners and harbor trucking companies that consistently experience long turn times at container terminals may want to fire their ocean carriers.
Port of Oakland
01 Jul 2014
With China’s rejection of the P3 Network in mid-June, West Coast ports no longer have to fear that a single operational entity will gain huge leverage in negotiations over port calls and terminal charges.

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Commentary

Maybe you’ve heard about China’s rejection of the P3 Network. In all seriousness, I’m hesitant to cover an issue such as this because of the overwhelming analysis and observation that has come before me. But I have strong feelings about why China refused to allow it and a lot of questions about the real outcome.

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