US ports have seen a double-digit decline in import volumes for the tenth month in a row, but the expectations are that these monthly falls will slow considerably from August onwards. Year-on-yea

The emergence of Hapag-Lloyd as a contender for the acquisition of South Korean carrier HMM is not a surprise, given that the company is up for sale and other major lines have made large profits over

In what was a momentous move the first vessel to leave a Ukrainian Black Sea port since the end of the Grain Deal in July has arrived safely at the port of Ambarli, near Istanbul, Turkey. The Ber

The United States Department of Transportation’s Maritime Administration (MARAD) has announced the designation of two new marine highway routes, M-11 in Alaska and M-79 in Pennsylvania and West

A new shipping company is starting operations and is going to enter Russia trade, according to DynaLiners report. CStar Line has been established in Dubai by undisclosed owners and will be headed by Z

Taiwanese ocean carrier Yang Ming announced revenue of US$1.15 billion and reported net loss of US$4.27 million in the second quarter of the year. However, the company achieved a profit of US$107.04 m

Spot rates for containerised ocean freight have climbed across three leading Far East export corridors after the latest round of General Rate Increases (GRIs) from carriers. The news, revealed by

Port Houston announced the completion of Wharf 6 of its Bayport Container Terminal Expansion Project on 4 August. Many federal, state, and local officials, partners, stakeholders, and customers a