Maritime

Links to 16 exclusive interviews with key decision-makers in ocean shipping.

International trade and customs attorney Zhaokang Jiang explains how China is aiming to improve cross-border trade efficiency, create fair competition and ensure compliance and sustainable growth.

Trump administration seeks industry comment on Obama-era transportation document.

Capital constraints should keep ocean shipping capacity in check, a plus for rates.

A strong U.S. economy should see Europe-North America container volume growth of 3%+ next year, but clouds hover over the trade.

Matson has taken delivery of the largest container/roll-on, roll-off ship ever built in the U.S.

Concerns rise that shipping can’t recoup cost of IMO 2020-compliant fuel.

DP World has been awarded a contract that will result in expansion of a container terminal in Jeddah, Saudi Arabia.

A global effort is underway to slash harmful emissions from ocean-going ships. Liquefied natural gas will likely play an important — but only partial — role in that endeavor.

Cargo on board a ship has frequently been the cause of damage or total loss.

Ores and wastes are arguably the two most important materials transported in the nuclear cycle. FreightWaves asks how they are shipped. The answer is: carefully.

A trade war truce is not stopping multinationals from exploring alternative sourcing options to China, but moving supply chains is difficult, says expert.

The Department of Justice says a jury has found tanker owner Evridiki Navigation guilty of violating a pollution law, but an appeal is planned.

The Chinese government said the tariff reductions will help expand imports of key consumer products.

The digitalization of Navantia’s purchasing and procurement segments have led to a 52% increase in purchasing efficiency and reduced its supply cycle time by 25%.

CMA CGM has finalized agreement to sell 10 terminals to Terminal Link.

Maersk says two of its offices in Brazil were raided, apparently as part of a federal corruption probe.

The U.S. Federal Maritime Commission will proceed with proposed rule to eliminate the requirement for vessel-operating common carriers to publish essential terms of service contracts.

An exclusive interview with Lois Zabrocky, CEO of tanker owner International Seaways.

Even a full U.S.-China trade deal might not stop shippers moving production out of China. But is the U.S. a realistic option?

APM Terminals is selling one of its two large terminals in Rotterdam, but will retain ownership of Maasvlakte II.

Action averts government shutdown, funds key infrastructure programs.

But an undercover survey finds that traditional forwarders face increased pressure from container lines and digital forwarders.

Aivars Lembergs resigned as chairman of Vetspils Freeport Authority on Dec. 10, the day after the U.S. sanctioned the port authority for its connection to the Latvian oligarch.

A falling trade-to-GDP ratio is a worrying trend for the shipping industry.

California port officials and other speakers sounded the alarm about sea level rise and storm surge.

As carbon tax on ocean shipping appears more likely, industry lays groundwork for future collection.

Hopes that last week’s trade deal might boost the beleaguered shipping lane are overly optimistic, says analyst.

Organizations representing 90% for the world’s merchant fleet have proposed spending $5 billion on research to reduce or eliminate carbon emissions.

New independent research reveals that lines are failing to adequately explain how IMO 2020 fuel bill surcharges are calculated.

Japanese ocean shipping giant is investigating how to make its ships greener with liquefied natural gas, hydrogen and batteries.

Well-known Pacific Ocean specialists Matson and Swire have joined forces to serve the South Pacific island nations.

Global logistics software provider WiseTech picks up South Korean customs clearer Ready Korea for just over A$20 million ($13.7 million).

International container operator DP World joins Asian and European feeder networks together; synergies – and tensions – abound, say analysts.

Action allows ship owners to buy less expensive marine fuel to meet Jan. 1 regulation.

U.S.-China deal should boost shipping stock sentiment, assuming investors believe it’ll stick.

CAI International, one of the world’s largest container lessors, is reviewing strategic alternatives with the help of Centerview Partners.

A trio accused of massive drug smuggling allegedly illegally directed customs-controlled shipments away from logistics operators to “unknown” locations.

David Howard, who developed a preeminent publication that explored successful international logistics connections between U.S. manufacturers and ocean container carriers, has passed away.

Production of most Christmas lights has moved Cambodia and other Asian countries from China.

An exclusive interview with John Hadjipateras, founder and CEO of NYSE-listed Dorian LPG.

A new APM Terminals container terminal in Italy also expects to capture cargo moving to and from Switzerland, Germany and France.

Fifth largest global carrier is responding to customer interest in greater container visibility.

Japan’s leading boxship carrier becomes seventh to join NYSHEX’s platform for guaranteed slots.

The Treasury Department’s Office of Foreign Assets Control warns U.S. companies to exercise due diligence against entanglements with sanctioned transportation services providers.

After adjusting for Lunar New Year distortions, the growth rate for Chinese exports to the U.S. in November was the lowest since January 1996.

When demand falls, prices fall too — or they should. Yet on the southbound Asia-Oceania trade lane rates are up but volumes are down.

Index data appears to show that IMO 2020 fuel costs are being passed along to box shippers.

Latest round of DERA grants allots up to $4 million per project.

U.S. Sen. Lisa Murkowski, says many analysts believe the impacts of IMO 2020 will be less than what was projected just a year ago.

Despite extensive general reporting to the contrary, a trio who imported a massive quantity of illegal drugs were not customs brokers or trusted traders.

An exclusive interview with Scorpio President Robert Bugbee on shipping stocks and what lies ahead.

Longtime Capitol Hill legislative counsel and policy consultant completes the five-person commission.

The fast growing forwarder Flexport was awarded sixth place in FreightWaves 2020 FreightTech 25 competition.

Losses in Europe are estimated to now be costing businesses billions of euros a year.

Port operator TasPorts allegedly sought to block a rival towage operator from offering a new service, according to new court filings.

Move to establish green bona fides comes as the liner operator is called out for its carbon output.

U.S. Customs and Border Protection said excluding ocean cargo from the Section 321 pilot program reduced “a substantial number of relevant shipments of potential participants.”

Container industry veteran John McCown argues that the shift toward East Coast ports is inexorable.

Japanese shipping giant Nippon Yusen Kaisha (JPX: 9101) has taken out a 50 billion yen ($456.7 million) loan with an adjustable interest rate based on the company’s corporate social performance.

California ports already face high energy costs, a situation that is likely to continue as the ports pursue clean air goals.

Carriers are “jacking up” spot rates to improve their negotiating hands with shippers as they agree pricing for IMO 2020 fuel bills and long-term Asia-Europe contracts.

Dry bulk ocean carrier Jinhui Shipping of Hong Kong and Oslo has drifted into the red according to its third quarter results. Its nine-month results indicate the company may generate a loss this year.

The Canada Infrastructure Bank (CIB) said it will provide up to $300 million to finance a new container terminal the Montreal Port Authority plans to open downriver in Contrecoeur.  CIB […]

Billions of dollars in fuel costs at stake for containership owners.

After all the trade turmoil, many legacy supply chains may still be in “wait-and-see” mode.

While Customs and Border Protection’s Automated Commercial Environment has automated much of the cross-border trade process, the U.S. export manifest process remains paper intensive and error prone.

HudsonAnalytix CEO recommends risk assessments and alleviation to protect ports, terminals and shipping lines from cyberattacks.

CNBC trade expert and author Lori Ann LaRocco says if trade talks were really progressing, U.S. exports to China would be ticking up, not down.

Container ship giant signs deal that will fuel LNG-powered ships on its Asia-Mediterranean service.

The EU is pushing to bring carbon pricing to shipping, but there are a lot more questions than answers.

Private equity-backed 3PL said deal comes as demand exceeds capacity in Northeast market.

Expanding truck appointment system and new lanes credited for fast moves as port readies for dredging

Port, engineering and property giant MMC shrugged off the trade war and economic headwinds to report massive increases in revenues and profits. Analysts issued a “buy” rating.

Integrated logistics provider and ocean carrier Harbour Link saw a boost in revenues but its costs grew too, causing its profits to weaken in the most recent quarter. A weak result in its ocean shipping division was a drag on profit as well.

Trade tensions look like they’ll get worse before they get better, a negative for ocean shipping demand.

Short-sea projects in Norway could lead to worldwide wave of crewless, emissions-free ships.

Brazil’s Vale has cut its iron-ore outlook for the first quarter, but revealed higher-than-expected projections for full-year 2020 and 2021.

PierPass says long late-afternoon queues at the entrance to container terminals om Los Angeles and Long Beach have been eliminated.

Expert explains why shippers based in the U.S. and beyond should prepare urgently for the worst-case scenario – a no-deal Brexit in 2020.

Darren Prokop writes about the benefits of economies of scale in maritime shipping; he also writes about the dangers of diseconomies of scale.

Maritime, air and overland trade routes into Europe are being piggybacked by criminal gangs deploying the latest digital supply chain technologies to help meet mushrooming demand for illegal drugs across […]

Integrated logistics services provider Tasco, a subsidiary of Yusen Logistics and an NYK Group company, has reported flat second quarter revenues and costs but a surge in net profit. Its six month figures don’t look so great though and equities analysts are disappointed.

The Port of Oakland is making improvements to both its roads and ship turning basins so that it can handle increased traffic.

In this week’s round-up of trucking stories from around Australia: truckers slugged by box terminal operators; truckers slugged by tax hikes; truckers slugged by safety regulators; drivers slugged by Queensland politicians; Freightliner Cascadia rolls into the Outback; Linfox buys 90-truck fleet to transport booze.

With solid financial results under its belt in its first outing as a listed company, Port of Napier has won praise from equities analysts. “A text book start as a listed company,” analysts said.

Peter Levesque is joining Ports America as president next year, after nine years at Modern Terminals in Hong Kong.

When it comes to decarbonization, maritime industry players need to work together to move the ball forward.

Dry bulk ship operator Malaysian Bulk Carriers has reported another set of losses. Barring unexpected positive developments, it may make a yearly loss. It is also reducing both long-term and current assets. The company has entered into working capital deficiency.

Courier, domestic and international logistics company GD Express reported a slowdown in total comprehensive income in its latest quarterly results. The company generated increased revenues but increased costs too. Profits shrank.

The Global Shippers Forum says the views of exporters and importers have been ignored by European regulators extending antitrust protection to liner carriers.

Crude-tanker rates are staying lofty for a prolonged period, proving that the October spike was no “one off.”

Investors and commodity shippers favor spot contracts, but GHG cuts will require more long-term employment.

The shift of production from China to southeast Asia is unlikely to stop the trans-Pacific container market from declining this year.

Sino-Malaysian services provider Integrated Logistics (trading as Integrated Group) has announced another poor set of financial results. It looks set to deliver its fifth full-year loss in six years.

China’s exports to the U.S. contracted last month. Even so, slowing U.S. exports to its trade rival saw China’s trade surplus with the U.S. widen.

The Inter-American Committee on Ports leverages the combined influence of the national port authorities of its dozens of member nations to foster robust port development.

Animal rights groups call for the European Commission to ban the live transport of animals following the Black Sea tragedy.

Despite solid revenues, costs at CJ Century Logistics surged and the company has reported a third consecutive quarterly loss.

A look at today’s containerized ocean transport of alcohol via bottle, can, keg, flexitank and ISO tank container — and how this mix could change going forward.