container shipping
Ikea Inks Low-Carbon Shipping Deals with HMM, Hapag-Lloyd
The home retailer aims to reduce the relative greenhouse gas (GHG) emissions from their product…
US Imports Expect to Hit Two-Year Peak This Summer
U.S. ports handled 2.02 million TEUs in April, a 13 percent annual jump over last year and ahead of prior…
Port of Baltimore Shipping Channel Set for Full Reopening
U.S. Coast Guard Commander Baxter Smoak said Friday that the 700-foot wide channel will be open Saturday or…
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Maersk Raises Profit Guidance Again as Red Sea Tensions Weigh on Ports and Rates
Drewry's Philip Damas says the new outlook is a prime indicator Maersk expects the current disruptions to…
Panama Canal Eases Draft Restrictions Ahead of Schedule
The canal's authority loosened its restrictions nearly two weeks ahead of schedule due to current and…
Port of Baltimore Shipping Channel Opening Delayed
The Unified Command team tasked with restoring the channel said it will be fully open to its original…
Cyclone Remal Forces Shutdown of Several Bangladesh, India Ports
Bangladeshi ports including Mongla and Chittagong suspended operations for two days, while India's Kolkata…
MSC Resumes Service to the Port of Baltimore
The ocean carrier makes its return after the Dali vessel responsible for the Key Bridge collapse was…
Container Shipping’s Red Sea Rebound Reels in $5.4 Billion in Q1 Profits
Container shipping saw a major turnaround in Q1, with the industry swinging from what was nearly a $700…
U.S Consumers Continue Robust Spending but Looking Early for Holiday Deals
Even though the U.S. economy has slowed, shoppers are still feeling optimistic and shopping for clothing and…
South Carolina Ports Briefly Shut Down, Citing ‘Software Issue’
As of 2:30 p.m. Tuesday, SC Ports' gate and yard operations returned online, and gates are now open to…
Dali Vessel Responsible for Baltimore Bridge Collapse Moved from Crash Site
With the ship refloated, the Port of Baltimore is another step closer to reopening operations by its end of…
Panama Canal Traffic Improving but Schedule Reliability Still ‘Disappointingly Low’
According to Xeneta's Peter Sand, three out of five ships traversing the canal still arrive late at the…
‘Contract Rates Are Clearly the Way to Go’ As Spot Market Heats Back Up
According to Drewry's World Container Index (WCI), prices for 40-foot containers rose 16 percent last week…
Ocean Carriers Establish Direct Asia-to-Mexico Trade Lanes
The moves from MSC, CMA CGM and OOCL come as container shipping imports from China into Mexico shot up 60…