Maritime

The container port business is booming and the big are getting bigger, particularly in China.

Georgia Ports Authority outlined projects that would take container capacity to 9.5 million TEUs by 2025.

The Russian invasion of Ukraine this week has caused uncertainty not just for the energy markets but also for global agricultural trade.

The port chaos cocktail: Mix 12 months of container bottlenecks with contentious contract talks for dockworkers.

Break bulk cargo with commodities of plywood, steel and rubber boosted volumes at U.S. Gulf Coast ports in January.

The Biden administration has outlined 62 policy initiatives affecting trucking, rail, and maritime in a one-year vulnerability assessment.

The International Chamber of Shipping issued a warning of the human capital component — Ukrainian and Russian seafarers are now locked out.

The railroad says it is taking steps to grow capacity, both on its network and in places where more volumes need to push through, such as Charleston, South Carolina.

There are now more container ships waiting off East and Gulf Coast ports than there are off Los Angeles/Long Beach.

Several trade and transport groups claim ocean carriers should lose special antitrust privileges and face stricter regulatory enforcement of shipping laws.

The Biden administration announces $450 million in port-expansion grants.

Tanker and dry bulk trades could be disrupted; container shipping faces heightened risk of cyberattacks.

Expeditors announced its earnings while it is in the midst of a cyberattack.

“Partnering with Bunker Holding will accelerate the marine industry adoption of biodiesel to achieve aggressive carbon reduction goals,” said Bob Kenyon, senior vice president of sales and marketing at REG.

Volkswagen Group has not said how many vehicles are on the Felicity Ace or the breakdown of the models, although it has been reported they included 2022 Porsche Boxster Spyders as well as Audis, Bentleys and Lamborghinis.

Some big ports are import focused. The Port of Oakland is a big export port. It is trying to restore the traditional import/export balance.

U.S. export lobbyist Peter Friedmann discusses setbacks and progress made by shippers as they struggle to maintain market share overseas.

Port Houston’s steel cargo exports recorded a 1,874% year-over-year increase.

“Efforts to successfully move aging cargo out of shipping terminals” improve the picture at California’s San Pedro Bay ports.

CEO Rodolphe Saadé said CMA CGM “will transform the Beirut port’s container terminal into a state-of-the-art facility that meets the best international standards.”

The more ocean shipping is in the news, the more attention it gets from tech founders and investors.

Of 18 companies that Friend of the Sea evaluated, it identified Hapag-Lloyd as “the international shipping company most committed to minimizing the risk of whale ship strikes.”

New data released by project44 shows vessels waiting to berth in Asia recorded an average increase from 13 days in December to 16.7 days in January.

The crew of 22 was rescued for ship headed to the United States.

One-year agreement will allow for at least 20,000 boxes to be stored off-site, state says.

“Removing plastic waste is a priority when discussing the protection of our oceans and conserving biodiversity,” CMA CGM Group said.

Green ammonia production emits no carbon dioxide, but it has major safety, cost and scaling hurdles to overcome.

After last year’s historic run-up, factories are producing fewer containers and pricing of new boxes is down.

“Everything we have sails. Every box we have we try to move,” says Hapag-Lloyd CEO Rolf Habben Jansen.

Ceres Terminals will lease, operate and modernize the TraPac Jacksonville terminal in a $60 million deal.

A one-on-one talk with the head of maritime operations for the Port of New York/New Jersey.

Jefferies analyst Randy Giveans maintains that container shipping stocks still have a lot more room to run.

Freightos CEO Zvi Schreiber and Steve Ferreira, CEO of Ocean Audit Inc., discuss international shipping on Monday during FreightWaves’ Global Supply Chain Week.

Xeneta CEO Patrik Berglund explains how carrier negotiating power has changed the annual contracting equation.

Lars Jensen talks about headwinds facing global shipping in 2022 with FreightWaves’ Kevin Hill at Global Supply Chain Week.

Long-term contract rates are at record highs. Shipping lines hold all the cards at the negotiating table.

West Coast terminal operators could be taking advantage of supply chain disruptions by overcharging shippers for using night gates.

Dysfunction at the nation’s largest port helps explain why the U.S. is losing the trade war to China.

They can take my gravy when they pry it from my cold, greasy skillet.

Besides the daily challenges drayage truckers face to keep their small businesses afloat at the Port of Oakland, some are questioning whether they will be operating this time next year.

A carbon price is an “essential element in any decarbonization plan,” John Butler, president and CEO of WSC, said during a press conference Thursday.

A Coast Guard commanding officer says the main goal of icebreaking is to “keep industry afloat and keep people employed.”

COVID container boom continues: Maersk may earn even more this year than in record-trouncing 2021.

The Port of Savannah has seen monthly port records for the past 18 months.

A.P. Moller – Maersk announced the $1.8 billion acquisition of U.S. forwarder Pilot Freight Services. The deal is the company’s latest move in building out a land-based logistics network.

January marks the 11th consecutive month of year-over-year container records, according to SC Ports.

The number of ships waiting off Los Angeles/Long Beach fell 23% over the past week.

Value Maritime has developed a system to capture carbon onboard vessels, fill up CO2 batteries and use the captured carbon dioxide in greenhouses.

Traxens CEO David Marchand says that “known port congestion is only the tip of the iceberg.”

The FMC is considering minimum billing standards for late fees charged by ocean carriers for picking up and returning containers.

The cost of ship fuel looks like it’s about to topple records set in 2012 and 2008.

Bipartisan legislation introduced in the U.S. Senate would give maritime regulators power to shift the carrier-shipper balance.

In this exclusive interview with American Shipper, the port envoy to the White House Supply Chain Disruptions Task Force discusses the state of the ports, the challengers at hand and the outlook for the future.

Accusations fly as shipping lines rake in billions, but the numbers imply more carrier competition, not less.

“Right now it seems like everyone is flying blind, then playing hot potato by giving it to the next party,” Kempisty said.

Barring an economic downturn, U.S. demand could still be squeezing ports a year from now.

Despite the victory of saving Christmas, the congestion problems at the nation’s largest ports have not improved.

A new export container subsidy at the Port of Oakland received a tepid response from lawmakers pushing for a major overhaul of shipping regulations.

Carrier profits are reaching previously unimaginable heights as supply chain disruptions supercharge gains.

E-commerce is becoming an increasing area of focus for some ocean carriers.

The investments rely on expectations that customers will want easy or green access to railroads’ intermodal offerings.

Legislation affecting the world’s largest gantry crane manufacturer brings supply chain risks along with it, according to a port security expert.

The FTC wants to know if large corporations are engaging in anticompetitive supply chain practices.

While there are other factors in driving up supply chain costs, it cannot be refuted that maritime costs are adding to inflation.

“International collaboration is essential to decarbonize global supply chains. It’s time to get started on this important work,” said Gene Seroka, executive director of the Port of Los Angeles.

Despite voluntary sustainability efforts and increasing regulations, shipping emissions are on the rise.

SoCal imports suffering multimonth slide, not because of falling demand, but because of supply chain bottlenecks.

Volkswagen aims to support sustainability in shipbuilding and ship recycling through the initiative, said Simon Motter, head of Volkswagen Group Logistics.

Shipping analysts rethink outlooks on crude and product tanker rates: already grim market appears even grimmer.

The Port of Savannah handled a record 5.6 million TEUs in 2021.

MSC, a giant shipping line, wants to buy an Italian airline. If successful, it will then be in the passenger airline and air cargo businesses.

An attack on Ukraine could hike costs for shipowners and cargo shippers across the globe.

Shippers are “fed up” with the West Coast logjam and “happy” to pay extra for East Coast destinations.

Family comes first for Lionel van der Walt, who has left PayCargo.

Supply chain disruptions are blamed for mixed results at Gulf Coast ports.

Kubed Living is turning shipping containers into homes, offices and gyms.

Could container shipping and tanker stocks end 2022 very differently than they began it?

“Historic, pandemic-induced import surge” drove record-smashing volume at the Port of Long Beach.

“An earlier transition will allow more gradual changes, thereby reducing the risk of significant disruptions of the sector and of asset stranding,” the report said.

For bulk commodity shipping, a rough start to the year. For container shipping, the profit bonanza continues.

“Climate protection is an issue that impacts everyone. While we can work towards this goal internally, we also wanted to provide an opportunity to enroll our customers in our mission toward carbon neutrality,” said Mark McCullough, Gebrüder Weiss USA CEO.

“The global supply chain will be further strained because of these lockdowns in China and the result would be a further gap in global demand and supply,” says Container xChange CEO Johannes Schlingmeier.

FedEx Logistics is the latest company to find an alternative to big-port congestion by taking freight business to the Port of Hueneme in California.

No letup yet: It’s taking even longer for Asian exports to get across Pacific to American buyers.

The finger-pointing of blame and the political promises and suggestions are not improving the flow of trade.

“This year will be the year for Maersk to ensure green solutions are developed end to end,” said Henriette Hallberg Thygesen, CEO of fleet and strategic brands at Maersk.

DOT Secretary Pete Buttigieg touted holiday season wins at the ports of LA and Long Beach while addressing shipping-sector prices.

2021 was a banner year for The Port of Virginia, SC Ports and Alabama Port Authority.

More COVID control measures in China are impacting international goods movement.

Shares of Zim are flirting with a new peak while shares of ship-leasing, dry bulk and tanker companies lose ground.

The Biden administration wants consumer protection regulators to examine whether giant retailers are creating supply chain distortions for smaller businesses.

Popular interest in the supply chain may have faded, but the pileup of ships waiting offshore keeps growing.

A small COVID outbreak is curtailing industrial operations in the Chinese city of Ningbo and the port could soon feel the ripple effects.

The latest partial closure of the Port of Ningbo has forwarders shifting strategies to keep the flow of trade moving.

The leading spokesman in Washington for the world’s container trades offers his take on the implications of potential regulatory changes in 2022.

The U.S. government is monitoring for omicron-related disruptions “at ports overseas and at home,” according to port envoy John Porcari.

New barometer from NY Federal Reserve highlights how extreme supply chain crunch has become.

“2022 must be the year where commitments are turned into concrete steps and binding regulations,” said Madeline Rose, climate campaign director at Pacific Environment.

Alabama officials announced plans for the A-USA Corridor, a $231.6 million program of rail projects to upgrade rail infrastructure throughout the state.

Agriculture exporters on the West Coast are feeling neglected by ocean carriers. The Port of Oakland is trying to make more equipment available so they can ship their goods.