Archives



August 2026

Port Pascagoula Names Tillotson Port Director

The Jackson County Port Authority Board of Commissioners has named Charles David Tillotson port director of Port Pascagoula. He will begin serving in the position Aug. 24. Tillotson brings more than 30 years of experience in maritime operations, port business development, logistics and commercial management. His career has included positions with public ports, private terminal operators and military logistics organizations. Most recently, Tillotson served as executive director and CEO of Louisiana Gateway ... [+]

Marine Alliances Sign Decarbonization MoU

The two organizations plan to coordinate regulatory advocacy and share technical information on marine fuels, emissions compliance and fleet technology. The Clean Shipping Alliance and Marine Fuels Alliance have signed a two-year memorandum of understanding aimed at helping ship operators and bunker suppliers navigate emissions regulations and the transition to lower-emission ... [+]

Grain Shipments Fall on Black Sea Disruptions

Grain exports from the region fell 26 percent over five weeks as attacks on ships and port infrastructure intensified, according to BIMCO. Global seaborne grain shipments declined 8 percent year over year during the five weeks spanning weeks 29 through 33, driven by a sharp reduction in exports from the Black ... [+]

Hapag-Lloyd Takes 25% Stake in Maasvlakte II

The investment will give Hapag-Lloyd long-term capacity at the expanding Maasvlakte II terminal, a key European hub for the Gemini Cooperation. Hapag-Lloyd has agreed to acquire a 25 percent stake in APM Terminals Maasvlakte II in Rotterdam, strengthening the carrier’s access to automated terminal capacity at a key European hub for ... [+]

Hapag-Lloyd Q2 Weathers Middle East Cost Hit

Hapag-Lloyd reported improved volumes and freight rates in the second quarter, but an estimated US$600 million in additional costs related to the Middle East conflict weighed heavily on earnings. The Hamburg-based container carrier reported Q2 group revenue of US$5.84 billion, up nearly 11 percent from US$5.27 billion a year earlier. EBITDA ... [+]

Transshipment Crackdown Burdens US Importers

An executive order and new White House report signal increased scrutiny of country-of-origin claims, importer ownership, production records and international cargo routing. U.S. importers could face expanded documentation requirements, more intensive vetting and closer examination of overseas production as the Trump administration moves to strengthen enforcement against illegal transshipment and tariff ... [+]

WW Outlook Holds as Asia Demand Impacts Ro-ro

Wallenius Wilhelmsen maintained its full-year earnings outlook as surging vehicle exports from Asia kept its ro-ro fleet fully utilized and strengthened freight and charter rates, although higher fuel costs related to the Middle East conflict weighed on second-quarter earnings. The company reported second-quarter revenue of US$1.31 billion, down 3 percent from ... [+]

Trans-Pacific Rates Rally as Europe Peak Fades

Trans-Pacific container spot rates moved higher for a second week while Asia-Europe rates continued to retreat, as stronger-than-expected U.S. import demand and carrier capacity management increasingly separate the two major east-west markets. Drewry's World Container Index rose 1 percent to US$4,339 per 40-foot container for the week of Aug. 13, driven ... [+]

Port of Long Beach Sees Second-busiest July

The Port of Long Beach handled 928,508 TEUs in July, its second-busiest July on record and fourth-highest monthly volume overall, despite a 1.7 percent decline from a year earlier. Imports were nearly flat, slipping 0.1 percent to 467,461 TEUs, while exports increased 14.8 percent to 104,843 TEUs. Empty-container movements fell 7.4 ... [+]

Maersk Raises Outlook as Ocean Earnings Surge

A.P. Moller-Maersk sharply raised its full-year earnings outlook after stronger freight rates, growing container volumes and widespread supply chain disruption helped drive a more than fourfold increase in second-quarter Ocean operating profit. Maersk reported second-quarter revenue of US$15.8 billion, up 20 percent from US$13.1 billion a year earlier. EBITDA increased to ... [+]

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