Ocean carriers
Port of Ningbo Explosion Yet Another Catalyst for Potential Congestion
"Delays will affect other ports throughout the area including Shanghai, Xiaman, Hong Kong, Singapore and Port…
Maersk CEO: Container Demand ‘Biggest Question Mark’ of 2024 Second Half
Vincent Clerc said in an earnings call that a potential East Coast and Gulf Coast port dockworker strike was…
FMC Establishes Rules for Carriers Seeking to Deny Cargo Space
Ocean carriers will be required to document policies like pricing strategies and service offerings for…
Red Sea Diversions Have Cost the Suez Canal $2 Billion
Osama Rabie, the head of the Suez Canal Authority, said revenues fell 23 percent to $7.2 billion in the…
CMA CGM Taps Google to Deploy AI Across Shipping, Ceva Logistics
The ocean carrier will use the search giant's technology to optimize vessel routes, container handling and…
FMC Requests More Info on Maersk, Hapag-Lloyd Alliance
The agency says the Gemini pact proposal "lacks sufficient detail to allow for a complete analysis of its…
Court Overturns FMC Ruling on Late D&D Fees—A Win for Ocean Carriers
In winning its appeal against the FMC, Evergreen could set a precedent for how detention and demurrage fees…
Maersk CEO: Red Sea-Driven Capacity Challenges Will Persist into Q3
Vincent Clerc said Maersk will use different-sized ships compared to ones used in normal conditions, reducing…
Amid Red Sea War-Risk Premium Surge, Rerouting Around Africa ‘Less Expensive by Comparison’
A Defense Intelligence Agency report says the combined costs of crew bonuses, war-risk insurance and Suez…
Hapag-Lloyd: Israel-Hamas Ceasefire Would Not Put End to Red Sea Crisis
Even after the Suez Canal reopens for transit, it would likely take four to six weeks for operations to…
Singapore Port Congestion Sparks 7-Day Delays Amid Red Sea Fallout
Singapore has needed to reopen shuttered berths and open new ones as it juggles 450,000 TEUs waiting to enter…
MSC Resumes Service to the Port of Baltimore
The ocean carrier makes its return after the Dali vessel responsible for the Key Bridge collapse was…
Maersk, Hapag-Lloyd Prep Return to Port of Baltimore
The ocean carriers are resuming bookings to load and discharge cargo at the port, pending a timely cleanup at…
Ocean Carriers Establish Direct Asia-to-Mexico Trade Lanes
The moves from MSC, CMA CGM and OOCL come as container shipping imports from China into Mexico shot up 60…
Attacks on Shipping ‘Unacceptable’, Industry Associations Tell UN
After the seizure of the MSC Aries, 16 trade groups called on U.N. members to facilitate the release of 24…