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Worsening container port congestion is exposing a fundamental disagreement over what is causing it: too little investment in terminal capacity, or an industrywide drive for higher asset utilization that has left the supply chain with too little room for disruption.
A.P. Moller-Maersk CEO Vincent Clerc recently pointed to roughly 15 years of lagging terminal investment as container ships face congestion in several major trading regions. Drewry agrees that port congestion risk ...
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Chiquita Fresh North America and TA Dedicated are marking 20 years of a transportation relationship supporting the movement of bananas from U.S. ports into the grocery distribution network.
The partnership represents the inland portion of a highly specialized cold chain in which maintaining temperature, transit times ...
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Tanker demand is weakening as disruptions to oil exports from the Persian Gulf, Red Sea and Russia reduce seaborne cargo volumes, according to BIMCO's August Tanker Shipping Market Overview and Outlook.
BIMCO forecasts crude tanker demand will fall 10.5 percent to 12.5 percent in 2026 if ...
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The consolidated PC14–17 facility will handle nearly 40 percent of the Port of Kobe’s foreign-trade containers, according to the carrier.
Kawasaki Kisen Kaisha, or “K “Line, will begin operations at the Kobe International Container Terminal’s PC14–17 complex on Sept. 1, the Japanese carrier announced Wednesday.
The terminal ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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