Maritime

California ports make progress on bottlenecks, but Chinese lockdowns could spur “hockey stick” import rise.

“Solving the climate emergency and decarbonizing our customers’ supply chains is a strategic imperative for Maersk,” said CEO Soren Skou.

COVID lockdowns haven’t closed Chinese ports yet. If they do, U.S. importers face “shockwave” of higher rates and delays.

The Coast Guard said it is working with the Maryland Department of the Environment to refloat the grounded Ever Forward.

Current CEO Jae Hoon Bae was not mentioned in the announcement that Kyung-bae Kim will succeed him.

A $150 million project at the Port of Brunswick will increase annual capacity to 1.4 million vehicles.

he Houston cold chain facility is scheduled to open in August and be operated by Performance Team, a company Maersk acquired in 2020.

Rising sea levels and increasingly extreme weather are expected to cost ports and shippers billions of dollars annually.

The Alabama State Port Authority will receive $265 million from the 2022 federal spending bill and a $38 million grant from the U.S. Department of Transportation.

Seko Logistics, Worldwide Logistics among those reacting to China’s “zero-COVID” strategy.

Oil companies face a potential profits-versus-people dilemma as a flotilla of tankers carrying Russian oil heads for U.S. ports.

The six companies plan to produce at least 730,000 metric tons of green methanol by the end of 2025.

COVID has been great for container shipping, terrible for cruising. What does this mean to MSC, which is big in both?

SC Ports has seen record container volumes for 12 months straight.

Vessel strikes are a major threat to whales, so better monitoring of their locations could help reduce collisions.

“Africa remains an important strategic growth market. Particularly for our service offering from and to South Africa, DAL is a valuable addition, allowing us to offer our customers a better network and additional port coverage in this region,” said Hapag-Lloyd CEO Rolf Habben Jansen.

Ocean liner Zim will include the Port of Boston in a China-Vietnam trade route.

In general, land-based oil spills are more time-intensive to clean up, but oil spreads out more rapidly in water.

Liner company Zim expects to rake in a billion dollars more this year than in record-setting 2021.

Hapag-Lloyd is keeping its guard up after discovering a copy of its website that could have been used to steal the logins of the shipping line’s customers and employees.

“The solution to the nation’s port congestion problem is right here in this room,” CEO Eric Green said during his State of the Port address.

The new facility will reduce wait times and port congestion, according to Transport Canada.

Longshoremen along the U.S. West Coast say they won’t touch any shipments for Russia.

Invasion and price spikes could destroy demand, weaken consumer confidence and curb cargo volumes, warns BIMCO.

The cost of the fuel consumed by the world’s commercial ships has skyrocketed — and it’s still rising.

Three shipments bound for the Port of Novorossiysk have been canceled.

Arkansas Gov. Asa Hutchinson is a leader in computer science education; Jonathan Hoffman has expertise in national defense.

Companies like ACI Logistix are using this broader approach to delivery as leverage in building their businesses.

Congressional watchdogs are alleging predatory pricing by three major container ship operators and want answers by March 16.

Russia’s invasion of Ukraine has heaped more uncertainty onto the global markets, adding to economic volatility.

Kuehne + Nagel is the biggest air and ocean logistics provider and it’s pushing the right buttons for fast growth.

Tanker stocks favored by retail traders post big gains, while most container and dry bulk stocks hold steady.

Transportation Secretary Pete Buttigieg responded to concerns about a lack of truck parking during a Capitol Hill infrastructure hearing.

A FreightWaves roundup of oil markets and other supply chain news related to the Russian invasion of Ukraine.

Pandemic gridlock, the Ever Given, COVID outbreaks, container shortages, flooding, Ukraine. The next shoe to drop: a labor dispute.

The South Atlantic Chassis Pool 3.0, will be ready in October 2023 and will have 60,000 chassis available.

Container lines and tanker owners rapidly and preemptively suspend business with Russia.

The Biden administration is backing new legislation aimed at alleged out-of-control market power by foreign ocean carriers.

The Felicity Ace, which caught fire in the Atlantic on Feb. 16, was transporting luxury vehicles to the United States.

Container lines, shipowners and shippers have a new way to navigate the market chaos: cleared freight futures.

FreightWaves is covering the logistics-related fallout from Russia’s invasion of Ukraine from the air to the ground to the sea.

The increase in Suez Canal tolls range between 5%-10% and become effective Tuesday.

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.