Maritime News

All proceeds from the sale have been paid to an HSH Nordbank-led syndicate.

Maersk Line has a good second quarter and expects this to continue, and not even a possible $300 million third quarter hit from the cyber attack will derail its full-year profit expectations.

Brazilian chicken exporters are cheering.

Niche carriers either greatly overperform or dramatically underperform the top 16 carriers.

Trade between Charleston and the United Kingdom is growing faster than trade between the United States and the United Kingdom as a whole.

Singapore carrier PIL and port operator PSA are exploring blockchain technology with IBM, the latest container shipping industry players to link up with the IT giant.

The rule would reduce emissions that contribute to global warming, which threatens the long-term viability of international supply chains.

The new terminal, pulling in grain carloads from the western Canadian provinces and the US Midwest, will help alleviate equipment shortages for North American outbound moves.

Clarksons’ first-half profit jumped 25 percent.

Rising demand and improving economies are driving up world container throughput.