Maritime News

The service, which will run until February, began last week.

The Panama Canal has the same number of weekly loops as it did before its expansion.

CMA CGM has signaled its intent to order nine 22,000 ships that, if delivered before 2019, will add to the huge amount of mega-ship capacity coming in to the Asia-Europe trade.

The wake-up call to the cost of unsustainably priced freight sent by the demise of Hanjin Shipping may be short-lived.

Coastal cooperation with domestic peers could be a major driver of that liner turnaround.

Copenhagen-based Maersk has been seeking to reduce its exposure to the energy market.

The new investment brings its total venture capital funding to $13 million.

Carriers will have to reduce services or risk upsetting the supply demand balance as a massive injection of capacity is delivered between now and 2019.

As of Aug. 16, Port Everglades has replaced Miami on the TA1/NEUATL1.

At least three carriers have pre-filed general rate increases.