The Port of Jacksonville is taking on a larger role in 2025 as ocean container lines add the north Florida hub to their global services.
The container shipping party is over — that’s old news. Yet headlines continue to focus on comparisons to the peak.
Korean container carrier HMM expects equipment and capacity shortages to continue at least through the end of the first quarter.
Port Houston will be the first U.S. port of call in THE Alliance’s new direct Asia service. The trans-Pacific EC6 service will begin in Kaohsiung, China, and reach the U.S. […]
The South Korean carrier signed a contract for the ultra-large vessels in September 2018.
HMM had an increase in revenue and smaller loss in third quarter when compared to the same 2018 period.
If not enough 0.5% low sulfur fuel is available after Jan. 1. 2020 ships may resort to using more expensive 0.1% sulfur fuel used today in emission control areas.
Import volumes see best month in 2019, but year-to-date still lower.
Hyundai Merchant Marine, South Korea’s largest container carrier, said it had a smaller loss in the second quarter this year than in the same period in 2018.
Hyundai Merchant Marine (KSE: 011200) started off 2019 much as it ended 2018, racking up losses. Despite a first quarter gain in volume that boosted revenue, fuel prices and finance […]
A consortium to improve the technology used in container shipping just got larger with the addition of several big names in the liner business. The Digital Container Shipping Association (DCSA) […]
Korea’s only remaining container ship line may want to go beyond its slot sharing deal, but Western carriers wary on subsidized shipping.
Surprise fees for practice that reduces congestion at ports and improves driver turns amounts to ‘dirty pool’ on part of the steamship lines.
Port of Houston faces choice as to which ships to prioritize; U.K. Parliament turmoil leaves Brexit deal in doubt.
Hyundai Merchant Marine wants to grow its fleet to 1M TEU capacity and vault itself into the ranks of the very largest maritime carriers. The South Korean government is financing HMM’s expansion after letting Hanjin collapse in 2016/7.
The truckload business is booming, but how high will rates go? Hyundai Merchant Marine orders 20 new containerships; China keeps the door open on US trade talks; global equities rise on US jobs report; a pension fund is building a $4.9B railroad in Quebec; manufacturing activity expands.
