Container lines

Log-In Logistica is reeling following the loss of 47 containers into the sea and a decline in volumes in the second quarter.

The idle container ship fleet has crept slightly higher.

The offering starts Aug. 27 and lasts eight weeks.

After chasing market share during the rate wars of 2016, Maersk Line is now concentrating on maintaining profitability in the recovering market.

A new bilateral agreement could open China’s huge market to US rice as early as next year.

All proceeds from the sale have been paid to an HSH Nordbank-led syndicate.

Maersk Line had a good second quarter and expects this to continue, and not even a possible $300 million third quarter hit from the cyber attack will derail its full-year profit expectations.

Brazilian chicken exporters are cheering.

Niche carriers either greatly overperform or dramatically underperform the top 16 carriers.

Trade between Charleston and the United Kingdom is growing faster than trade between the United States and the United Kingdom as a whole.

Singapore carrier PIL and port operator PSA are exploring blockchain technology with IBM, the latest container shipping industry players to link up with the IT giant.

The rule would reduce emissions that contribute to global warming, which threatens the long-term viability of international supply chains.

The new terminal, pulling in grain carloads from the western Canadian provinces and the US Midwest, will help alleviate equipment shortages for North American outbound moves.

Clarksons’ first-half profit jumped 25 percent.

Rising demand and improving economies are driving up world container throughput.

The number of top global carriers has fallen since 2014.

Divers have located a tugboat involved in a collision with the Mercosul Santos.

Announcements this week from West Coast ports revealed some unusually strong import numbers.

The new depth is still shy of the original draft.

Debt-stricken carriers Yang Ming and HMM have used government support and the improving market conditions to raise revenue, cut costs, and pare down debts.

Not much spot rate movement on Asia-Europe, but some carriers are planning significant increases from Aug. 15.

Shippers should be able to take advantage of lower rates at Anaklia because of its depth.

South Asia is the leading growth market for container shipping.

CMA CGM has scheduled additional sailings on its routes between Asia and the US Gulf and South Atlantic coasts.

Doubts were raised on how members of the newly formed Korean shipping alliance will be able to cooperate on the fiercely competitive intra-Asia trade.

It took the Competition Commission of Hong Kong almost two years to grant liners a block exemption from anti-trust laws, but the exemption order has been greeted with grumbling by shippers and carriers.

Creditors of bankrupt carrier Hanjin Shipping have filed claims that would give them only a tiny proportion of what is owed, a company attorney has told a New Jersey bankruptcy court.

Behind the new services are surging volumes of key commodities.

The toll changes will be the first since the canal opened new locks in June 2016.

It took the Hong Kong regulator almost two years to grant liner shipping a five-year block exemption from complying with the Competition Ordinance, but it starts today.

“The congestion in Chittagong port has gone beyond the tolerable limit.”

The orders threaten the industry’s fragile return to profitability.

Brazilian coastal carrier Mercosul Line last week suffered two accidents.

The company blamed the shipping segment’s poor performance on slumping freight rates and cargo volumes.

OOCL in first half profit turnaround as volumes and higher rates push up revenue.

The strong US dollar underpins strong growth in the westbound trade, but exports stagnate.

The trans-Atlantic trade remains an oasis of calm, but political threats and opportunities could shake up the trade.

China dominates US scrap paper exports, accounting for almost 84 percent of total containerized wastepaper exports.

Carriers indeed have greater pricing power this year.