Maritime News

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.

The move would heighten competition in a key US domestic market.

After getting off to such a strong start that rates soared and space on ships ran out, exports from Europe to Asia fell steadily in the second quarter.

Spot rates on Asia-Europe fell slightly this week as carriers and shippers regroup in the second half of a relatively solid peak season.

Port of Los Angeles and GE Transportation will expand their pilot program across the entire port to establish a single electronic platform through which port users can share shipment information in a secure environment.

Log-In Logistica is reeling following the loss of 47 containers into the sea and a decline in volumes in the second quarter.