BIMCO: Container ship recycling overhang hits 1.8 million TEU
BIMCO’s latest Shipping Number of the Week highlights a growing overhang in container ship recycling, estimated at a minimum of 500 ships or 1.8 million TEU, ...
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HMM, Hanwha Group and KR join forces for zero-carbon ship propulsion
HMM has signed a Memorandum of Understanding (MoU) with four subsidiaries of Hanwha Group, Hanwha Power Systems, Hanwha Ocean, Hanwha Aerospace, and Hanwha Syst...
U.S. maritime revival a balancing act, says former FMC chairman
CHATTANOOGA – The U.S. maritime industry faces a complex array of challenges and opportunities that require a delicate balancing act, the former U.S. mari...
Evergreen’s balancing act: When commercial logic meets geopolitical reality
Taiwan’s Evergreen Marine Corporation has split its latest US$2.8 billion fleet expansion equally between Chinese and South Korean shipyards, a decision that ...
FreightWaves unveils 2025 Shipper of Choice award winners
On Monday, October 20, on stage at the Supply Chain Day just before F3, FreightWaves announced the recipients of its prestigious 2025 Shipper of Choice awards, ...
Shipping lines and owners in frenzy to avert Chinese port fees
China’s retaliatory port fees, implemented on 14 October, has created significant disruption in the shipping industry, according to Alphaliner.Shipping compan...
Union Pacific profits rise on operational efficiency, pricing gains
Union Pacific was firing on all cylinders during the third quarter, as pricing gains, record workforce productivity and fuel consumption led to higher profits d...
Grimaldi and China Merchants form strategic shipping partnership
The Grimaldi Group (Naples) and China Merchants Shenzhen RoRo Shipping (Haina Cang) have signed a Cooperation Framework Agreement to expand their global logisti...
First look: Ryder’s earnings eke out a gain, revenue stagnant
Ryder System managed to make more money than a year ago even after a revenue performance that was essentially flat from the third quarter of 2024.Total revenue ...
Ship liners in Chittagong barred from imposing surcharges: license of nine ships cancelled, reinstated
Two Maerskline container vessels took berth at the Chittagong Port jetties on Wednesday, October 22, after staying nearly a week at the outer anchorage of the p...
Konecranes unveils hydrogen fuel cell straddle carrier
Konecranes is debuting the Konecranes Noell Hydrogen Fuel Cell Straddle Carrier at TOC Americas 2025 in Panama City. The launch marks the carrier’s first appe...
Port of Hueneme and Port of Paita strengthen ties through Sister Port agreement
The Port of Hueneme in California and the Port of Paita in Peru have signed a Memorandum of Understanding (MOU) to form a Sister Port relationship under the U.S...