Shipping

What ‘The Path Between the Seas’ teaches us about leadership and the need for a backup plan

Nippon Cargo Airlines’ parent company is taking a $144 million charge against earnings.

“As long as there continues to be a lack of cargo and documentation handling in the ports due to the virus, our exporters and importers shouldn’t be on the hook for per diem or demurrage charges,” AgTC Executive Director Peter Friedmann said.

Dry bulk rates were already terrible — then came the coronavirus, and they’re getting even worse.

Pricing data implies pendulum is swinging even more toward East Coast ports at expense of West Coast.

Still too early to confirm coronavirus fallout in trans-Pacific freight pricing data.

Chinese carrier’s formerly idled VLCCs return to a transport market already suffering from falling rates, Stifel Maritime analyst said.

Tanker giant Euronav warns of fallout from coronavirus crisis.

Ben Thrower writes about the increased use of cargo ships to smuggle drugs.

Darren Prokop writes about the implementation of IMO 2020 and how its costs will be absorbed and/or passed along…

Over the years, hundreds of tankers were employed in the grain trades.

Liners confront higher ship-lease rates at the very time fuel prices are spiking.

Trans-Pacific container volumes face escalating coronavirus risk.

The Stamford, Connecticut-based shipowner agreed to pay a $1,125,000 civil penalty to the U.S. Treasury Department’s Office of Foreign Assets Control for Burma sanctions violations.

Scorpio Bulkers on virus threat: Prepare for the worst and hope for the best

Chinese epidemic could curb ocean shipping demand.

FreightWaves’ maritime Market Expert Henry Byers provides insight regarding the Phase One trade deal between the United States and China.

Ocean carriers not looking at additional trans-Pacific services as Phase One deal unlikely to stem trade slowdown.

The Agriculture Transportation Coalition has developed service contract guidance its members can use to set parameters for when ocean carriers should issue or withhold detention and demurrage charges.

Commissioner Carl Bentzel said the U.S. Federal Maritime Commission will have an increasing role in the development of shoreside activities that impact international container shipping.

High number of canceled sailings butts up against post-holiday restocking demand in the U.S.

A new book places IMO 2020 in the context of a potential “third revolution” for shipping.

Los Angeles port signals efficiency gains as the third-largest container alliance plans additional SE Asia stops.

The rules will clarify licensing and financial responsibilities of ocean transportation intermediaries and streamline the hearing procedures related to denial, suspension and revocations of licenses.

New pact is a plus for tankers, bulkers and box ships, but less so for equities.

The mayor and city council of Richmond, California, have voted phase out and prohibit the storage and handling of coal and petroleum coke in the city.

Oceangoing vessels challenge scale of newly introduced carbon-free power technologies for short-sea shipping and ferries, World Shipping Council CEO John Butler tells U.S. lawmakers.

Few freight forwarders currently offer shipper-owned containers due to the lack of market transparency in their sourcing.

Phase One of the U.S.-China trade deal is scheduled to take effect Wednesday. Read CNBC’s Lori Ann LaRocco’s take on how that trade has changed since the tariff war began — and how it may never be quite the same.

All shipping interests through Panama Canal face new fees as water levels drop to ‘historic’ lows.

Tanker rates haven’t shot up further on new Iran tensions, yet they remain extremely high.

The shipping consultants Drewry predicts carriers should be able to return “solid if unspectacular results”in 2020.

The U.S. Federal Maritime Commission is required by the 2015 Federal Civil Penalties Inflation Adjustment Improvements Act to annually adjust its civil penalty amounts in line with inflation.

The Port of Monroe says its efforts to increase international business has been stymied by the Detroit office of U.S. Customs and Border Protection.

2018 high-water mark for container volumes makes it ever tougher for 2019 to come out on top.

New Platts indices offer bird’s-eye view of rough IMO 2020 transition for dry bulk.

Lunar New Year marks traditional ocean shipping slowdown, but U.S.-China trade tiff means extra slack.

Despite all the mergers and all the alliances, ocean container rates are still lower than they were seven years ago.

California is proposing to require more ships, including tankers and roll-on, roll-off vessels to use shore power when docked.

Traditional U.S. import rush prior to Chinese holiday is subdued in 2020.

Is IMO 2020 fallout for dry bulk shipping a warning sign for container sector?

The use of drones and other technology will help ports streamline operations, increase safety and vigilance for drugs and pollution.

The Jones Act has been in effect for nearly 100 years. Read about its pros and cons in this commentary by Darren Prokop.

The high-stakes wild cards to watch in what promises to be a volatile year.

Overseas shipping – particularly during the holidays – can be difficult. Here are some tips for making the process easier and more successful.

Killing of Iranian general and Iranian retaliation could spark another tanker rate spike.

U.S. Rep. Ed Case, D-Hawaii, has introduced three related bills in Congress to modify the Jones Act, saying that the law is “one of the key drivers of our astronomically […]

President Trump said he plans to travel to Beijing sometime this year to start the next round of trade negotiations with China.

Trans-Pacific container rates continue to fall as Asia-Europe rates continue to rise.

IMO2020 is an environmental rule effective January 1, 2020 that regulates how much sulfur a ship can give out in its exhaust.

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

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.

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.

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.

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.

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

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.

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.

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.

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.

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

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.

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

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 […]

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

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.

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