Filed in Ocean Cargo
Monday, February 27, 2012
APM-Maersk has reported an operating loss of $386 million for its container shipping and logistics activities for 2011.
Seaports on the U.S. eastern seaboard will be getting new business as the Atlantic North South Service gets underway next month
Container shipping lines in the Westbound Transpacific Stabilization Agreement have announced a new round of incremental dry cargo rate increases
Wednesday, February 22, 2012
The ongoing conflict between the Port of Los Angeles and the American Trucking Association may be finally drawing to a close.
Tuesday, February 21, 2012
The number of containers passing through Hamburg rose 14 percent in 2011
Monday, February 20, 2012
While mainstream media reports suggest that open seas piracy has decreased, shipping experts note that the crisis is worse than ever
In 2011, the port handled 5.5 million TEU (Twenty-foot equivalent units), which is 4 percent better than 2010 and topped the previous record from 2007.
Friday, February 17, 2012
Total January volume was 474,960 TEU, which was down 3.9 percent annually.
Thursday, February 16, 2012
The uncertainty over the level of container freight rates in the next few months has severely disrupted trading on the freight futures market, said analysts at the Paris-based consultancy, Alphaliner.
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February import cargo volume is expected to be down 6.8 percent on an annual basis, according to the monthly Port Tracker report by the National Retail Federation (NRF) and Hackett Associates.