Maritime News

Up-to-the-minute maritime news covering all aspects of the maritime industry including ports, container and breakbulk lines, ships, ship chartering, and the evolution of shipping technology. From Maersk Line to Grimaldi, covers the largest and smallest container lines with unequaled insight and detail.

News & Analysis

21 Feb 2018
After a year off, HMM is about to get back into Asia-Europe, but not with the size ships that are traditionally deployed on the trade.
Hyundai Merchant Marine.
13 Feb 2018
It was a hefty loss for Hyundai Merchant Marine in 2017, despite the South Korean flagship posting a far better operating result.
13 Feb 2018
Gothenburg's long-running labor dispute is having a devastating effect on the port, slashing its volume and eroding its competitiveness.
Port of Los Angeles.
12 Feb 2018
Beneficial cargo owners are enjoying some of the lowest pre-Lunar New Year spot rates of the past six years, but they should not necessarily expect that this will give them extra leverage in service contract negotiations beginning next month.
09 Feb 2018
The rising price of bunker fuel, which jumped 25 percent in 2017, is eroding unit cost benefits and Maersk says that higher cost is being reflected in its new contracts.
Maersk vessel
09 Feb 2018
Maersk Line sailed to a half a billion profit in 2017, but earnings were dragged down by the cyber attack and rising unit costs.
Hyundai Merchant Marine.
08 Feb 2018
HMM has been South Korea’s flagship container carrier since the bankruptcy of Hanjin Shipping in February 2017.
Matson container ship
08 Feb 2018
Consumers in Puerto Rico actually benefit from lower freight rates in the efficient Jones Act services that are marked by dedicated vessels and terminals, versus foreign-flag services to other Caribbean islands, Matson CEO Matt Cox said.
The Asia-ECSA trae lane has been volatile.
07 Feb 2018
PIL has broken rank from the three large vessel sharing agreements that currently share the Asia to East Coast of South America trade lane and is introducing a new fortnightly container service.
The new AAL-HMM service will operate five ships.
06 Feb 2018
The new AAL-HMM joint-service will operate five ships — four 30,100-deadweight-ton vessels (dwt) from HMM and one 31,000-dwt vessel from AAL.
The 0.5 percent sulfur maximum is likely to affect the price of bunker fuel, used by container ships.
06 Feb 2018
A rule requiring a new, cleaner bunker fuel in 2020 will likely boost ocean carrier fuel costs — and analysts say that behooves shippers to determine whether their carrier transport cost includes fuel or whether it could be an add-on fuel charge.