Easing supply chain bottlenecks at major U.S. ports may be good news for consumers, but not so much for containership operators. As we reported earlier, after container shipping giant Maersk reporting record
Container shipping and logistics giant A.P. Moller – Maersk (Maersk) today again reported record results, but analysts seemed to be more focused on CEO Søren Skou’s cautionary words about dark clouds on
Getting the new green fuels, such as e-methanol, that shipping needs to meet its climate ambitions will depend on the roll out of power-to-X facilities that can produce those fuels at scale,
In a statement released yesterday, the Federal Maritime Commission (FMC) said that its authorities and available services remain in place during the COVID-19 situation. It noted that some major tradelanes are currently
Seabury Maritime LLC is warning that ocean carriers must be transparent with shippers on how they calculate fuel surcharges. It says that ocean carriers and shippers alike are facing “an uncomfortable uncertainty”
MAY 16, 2018 — President Donald Trump’s decision to pull the U.S. from the Iran nuclear deal is already having an impact on shipping services. Today, container shipping giant MSC issued the
FEBRUARY 9, 2017 — A.P. Møller – Mærsk A/S reports that both its revenue and its underlying profit grew in 2017, which it calls “a year of transformation.” Underlying profit for continuing
NOVEMBER 29, 2017 — Jim Kachidurian has been named Chief Commercial Officer of SeaCube Container Leasing Ltd., one of the largest global container leasing companies. He will report to Robert Sappio, Chief
NOVEMBER 15, 2017 — Ocean shipping electronic marketplace INTTRA has added two new cloud-based products and enhancements. The first is a new Container Forecasting and Allocation Solutions Tool (C-FAST) for freight forwarders
JULY 10, 2017 — Consolidation in the container shipping industry continues. China’s COSCO Shipping Holdings is set to take control of Hong Kong’s OOIL in a $6.3 billion deal that would create
