Maersk Line

Despite upgrading its full-year outlook, container shipping giant Maersk no longer sees a second-half demand rebound.

Maersk’s guidance implies fourth-quarter earnings will plunge 39% compared to the third-quarter peak.

Supply-demand dynamics that supercharged pandemic-era rates are now “exactly the opposite,” says Maersk CEO Soren Skou.

Container shipping giant Maersk sees continued strength in U.S. imports and ongoing supply chain disruptions globally.

‘Right now, we don’t see a huge buildup of volumes because of the closedown in Shanghai,’ reports Maersk CEO Soren Skou.

New reports from Maersk, Kuehne+Nagel and Drewry point to an ongoing boom for container shipping lines.

Russian imports via ocean, truck, rail and air are now being simultaneously squeezed. Shipping data shows growing pressure.

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

Shipping lines are flush with cash and using it to expand into logistics services.

Port congestion forced container ships to go faster. Congestion remains extreme, yet ships are slowing down.

Maersk expands air business after earning more in a single quarter than in any prior full year.

Liner profits still rising: second half looks stronger than first and Deutsche Bank sees even higher earnings next year.

You can’t blame carriers for refusing to stick by a handshake agreement to sell service at pre-negotiated rates or at a discount.

Maersk results offer more evidence that capacity constraints and U.S. — not worldwide — demand drive rates.

Container giant earned $5.1 billion in the second quarter and expects earnings of $18 billion-$19.5 billion for the year.

Maersk reveals more details on its shift toward long-term contracts at the expense of spot exposure.

1996: At 1,044 feet (318.2 meters) long, the new Maersk ships are longer than the Eiffel tower, but they are still capable of a high speed of 25 knots.

ZIM, newest Wall Street shipping entrant, is riding wave of record-high freight rates. Shares fully recovered from rocky start.

Maersk, the world’s largest container carrier, just reported record quarterly results. And its next quarter looks even better.

A Biden administration teamed with a Democratic Congress should lead to even more stimulus, a recipe for even more container imports.

Successful IPO by ZIM would offer investors direct exposure to trans-Pacific freight-rate craziness, but not without risks from debt load.

Ocean carriers toed the line on capacity control in 2020. What does this new normal mean to shippers, yards and leasing companies?

The GEODIS Women’s Network “is also intended to improve the reputation of the logistics and transport industry, a field traditionally dominated by men.”

Maersk confirms that cargo demand looks strong through year-end, bucking the usual seasonal trend.

The trans-Pacific market is bursting at the seams as shippers rush in holiday cargoes.

On a collision course: holiday timing, surging consumer demand, thin inventories, and capacity constraints for container liners and ports.

Listed carriers are poised to post stellar third-quarter numbers on higher rates and volumes.

As NYSHEX expands and Maersk Spot nears U.S. approval, ocean transport contracts could become more binding.

Marine fuel prices are down 30% year-on-year despite the IMO 2020 regulation.

Analysts point to upside prospects for container-ship stocks as charter rates rebound.

Layoffs loom. Maersk maintains changes are not about cutting costs amid COVID, but about improving service.

New normal for container shipping: active capacity management and digital spot bookings.

Ports on the Atlantic are losing imports from Europe as well as Asia.

A new interview with AgTC’s Peter Friedmann on how China COVID fears affect U.S. food exports.

U.S. shippers importing cargo from Asia are getting some price relief.

Shipboard COVID cases will make it even harder to roll back travel restrictions that block crew changes.

An exclusive interview with Sea-Intelligence CEO Alan Murphy on how canceled sailings can signal future demand.

Operator of Staten Island terminal spurned by container giant is not giving up without a fight.

World’s largest box carrier expects capacity cuts to mitigate volume downside.

New data from eeSea reveals that U.S. ports will see capacity plunge by up to 20% this month.

Liners could scrape bottom over next two months, then recover.

Judge gives Maersk go-ahead to jump ship from GCT terminal in Staten Island.

Here it comes: Ports will soon feel full force of canceled box-ship sailings.

World’s second-largest box carrier resolves its website woes.

Good news for box carriers: Freight rates haven’t collapsed. Bad news: Volumes have.

Website and the online booking platform of MSC have gone offline but fallout appears contained.

No collapse yet for ocean container spot rates. In fact, they’re up.

Carriers slash even more ocean services in bid to prop up rates as demand crumbles.

Coronavirus will inevitably infect more seafarers. How ports respond will be pivotal.

Canceled sailings surge, schedule reliability sinks and import demand evaporates.

More booking cancellations equal more ocean-service cancellations equal more delivery uncertainty.

Ocean shipping has functioned well during the outbreak but pressures are mounting.

Coronavirus left containers scattered in the wrong ports. Liner companies are trying to get them back into position.

Outlook of world’s largest container line hinges on timing of coronavirus containment.

The Artic Ocean may be the next area that sees the superpower nations “rubbing up” on each other in search of faster ocean passage and a new source of natural resources.

Inland trucking slowdown in China leaves port reefer plugs full, blocking refrigerated food imports.

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

Shipyards are facing a scrubber stampede as container lines seek to sidestep paying for low-sulfur IMO 2020 bunkers beginning on Jan. 1.

Shippers believe container line consortia are anti-competitive and lack transparency.

Cargo rate platform adds “deep link” to Maersk’s booking portal.

Advent Intermodal is seeking to increase transparency along the Panama “land bridge” between the coasts.

Crude-tanker rates have now reached levels not seen since before the global financial crisis.

This week, VLCC tanker rates are rising, whereas both trans-Pacific box rates and Capesize bulker rates are slipping.

Dry bulk spot rates have pulled back from recent highs, while trans-Pacific container rates have held their gains.

The beleaguered dry bulk shipping sector is nearing its post-financial-crisis peak. Is it sustainable?

Maersk is partnering with Indian digital freight startup BlackBuck to enter the Indian containerized trucking market for export-import logistics.

Barbara Spector Yeninas had the moxie to launch a business serving the male-dominated maritime industry 45 years ago. That determination has kept her going for more than four decades, although these days she’s wearing sneakers instead of stilettos.

The Caribbean is container shipping’s all-important crossroads of the Americas.

It has now been a half-decade since the emergence of large-scale container liner alliances. What’s their track record?

Competiton regulations prevent container shipping lines discussing individual cargo owners between themselves, but this regulation may prevent the lines from warning each other about the potential dangers of a cargo. Its time for a change in the rules some say.

The latest economic projections from the Organization of Economic Co-operation and Development predict a global slow down in trade. Acquiring a new business in this climate is a challenge that CH Robinson has accepted.

Restructuring of the global economy means that manufacturers are shifting their production centres nearer to the markets they serve, in a process that Maersk calls reshoring or near-shoring, and poses a risk to the liner industry’s future revenues.

Maersk says it will expand the technology behind its customs house brokerage business as well as developing its integrated logistics business.

Maersk makes a move for Vandergrift Inc. as it steps up its efforts to become a genuine door-to-door operator.

Container shipping line Maersk will move 16 containers on river Ganges (National Waterway-1) from Varanasi to Kolkata in India on February 12, marking the entry of commercial shipping players in India’s nascent inland water transport network.

Overcapacity and low utilization rates have plagued the Asia to Europe trades for some years, and with a further 1.1 million TEU capacity set to be delivered between now and the end of 2020, the supply and demand ratio is expected to affect freight rates up to the end of 2022.

Reefer technology is changing fast and the internet of things is helping to accelerate changes to the industry. Maersk has launched an upgrade to its reefer container management system that includes the virtual sailor, captain Peter.

Zim and the 2M Alliance have signed a secind vessel sharing agreement in the trans-Pacific and Asia-Europe trades. The deal significantly boosts Zim’s service offerings while 2M says the new deal offers mutual benefits and efficiencies.