ClassNK has released "Guidelines for Additional Fire-fighting Measures for Container Carriers", which specify requirements for indicating additional fire safety measures on container carriers as a ...
The Federal Maritime Commission has imposed new billing standards on ocean carriers and terminal operators in an effort to crack down on abusive container late fees. The new requirements focus on ...
The Federal Maritime Commission has initiated a probe into the Terminal Service Agreements (TSAs) between Port Houston and several major container lines. The agency said in a July 11 filing that the ...
While drama in the container shipping sector has calmed a bit, container carriers still wrestle with unexpected drops in demand. Peter Sand, Xeneta, discusses vessel capacity moves and their likely ...
“You are looking at $10 billion worth of cargo stranded at ports or in the Arabian Gulf,” said Ben Tracy, Vizion vice president of strategic business development. “That’s over 270,000 TEUS.” A.P.
CMA CGM is benefiting from increasing container volumes and freight rates that have pushed up demand in the wider container market. The France-based ocean carrier saw revenue increase 38.5 percent to ...
But, on the contrary, it appears that despite relatively tight capacity, carrier discounting on Asia-Europe and transpacific tradelanes was largely the cause of this week’s weakness. Drewry’s World ...
After more than a year and a half when only a third of containerships were reliably on schedule, the industry is showing strong improvements reaching schedule reliability levels not seen in 20 months.
[Stay on top of transportation news: Get TTNews in your inbox.] The global container shipping industry saw profits surge to more than $10 billion in the second quarter on record volumes and rising ...
Samsung Heavy Industries has secured an order for two container carriers from a shipping company in Africa, valued at KRW 444 ...
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AP Moller-Maersk is set to trial rotor sails on larger container vessels in a bid to improve vessel efficiency and improve ...
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