A.P. Moller-Maersk’s chief executive said on Thursday he expects a “modest” pick-up in trade for the upcoming holidays this year amid concerns about the...
Overseas demand for goods from China is weakening as the global economy slows, warned a senior Chinese commerce ministry official, though the country still...
A consortium led by former Berkshire Hathaway Inc. executive David Sokol and Canadian investment group Fairfax Financial Holdings Ltd raised its offer to buy...
Hapag-Lloyd and Spinelli Group have entered into an agreement to join forces.
The German carrier will acquire a 49% in Italian logistics group Spinelli from...
Seaspan, a wholly-owned subsidiary of Atlas Corp., announced an update to Atlas' May 17, 2022 press release regarding contracts for four 7,700 TEU dual-fuel...
At the SMM trade fair in Hamburg, classification society DNV and global container shipping line MSC Mediterranean Shipping Company (MSC) signed a contract to...
A two-tier market within the container shipping sector is opening up as spot rates in key trades collapse.
Carriers that focused on quoting spot rates...
German container shipper Hapag-Lloyd is spending billions on expanding and renewing its fleet and looking at investing in more port infrastructure to extend its...
Weakening consumer spending is curbing shipping demand and freight rates, transport giant CMA CGM said on Friday as it reported another jump in quarterly...
Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...
The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...
DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...
The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...
