Forwarding

Growth in car carrier ship capacity is balanced by uneven demand for vehicles and high-and-heavy cargoes.

Rising cargo volumes deliver increasing profits despite the fragile economic situation in the European market.

Wan Hai Lines bucked the industry trend of deep 2016 losses, posting a profit for the year, albeit a far smaller gain than in 2015.

Cargo booking exchange platform secures funding of $8.5 million from GE and Goldman Sachs, among others.

The undeniably grim outlook for global container lines in 2017 nevertheless could brighten.

Vehicle buyers and dealers sought treble damages.

Wilhelmsen and Wallenius on Thursday signed an agreement to merge the Norwegian and Swedish companies’ joint investments in Wallenius Wilhelmsen Logistics, EUKOR Car Carriers, and American Roll-on Roll-off Carrier.

US containerized importers will turn up the heat in the last two months of 2016.

Deepwater Wind’s $300 million, 30 MW project three miles off Block Island, Rhode Island, is small compared with big onshore and offshore projects at other locations, but it’s seen as a breakthrough for the US market.

Deliveries of ship-to-shore container gantry cranes, which are transported by specialized heavy-lift vessels, rose slightly in 2015.

Steel is the world’s most important industrial material and has direct and indirect impact on breakbulk volumes.

Maersk's container shipping business is facing freight rate volatility and downward pressure on primary and secondary routes

The roll-on, roll-off shipping market is relatively upbeat after emerging surprisingly unscathed from a year of tough economic and geopolitical challenges. The outlook for pure car carriers, however, is looking less optimistic against a backdrop of rising supply and subdued demand for automobiles.

Shippers will have to pay more to ship their products around the world when the International Maritime Organization’s new container weight verification requirements take effect on July 1.

The loss of a mega-ship could "rewrite the law of general average," costing more than $1 billion, former container ship captain and maritime risk expert Andrew Kinsey said at the 16th annual TPM Conference. Captain Michael Lloyd warned losses such as the sinking of the MOL Comfort could become more common.

Like a mirror image of the ocean container shipping industry, the shipping lines that operate the multipurpose ships that carry breakbulk and project cargoes are suffering from overcapacity, lack of global demand and low freight rates. And like the container fleet, multipurpose ships are getting ever bigger.

With two and possibly three mergers or acquisitions among container lines scheduled to occur this year, beneficial cargo owners are wondering how their supply chains will be impacted.

Charter rates are dropping fast for post-Panamax ships because of low demand, with rates for some midsize vessels dropping to 2013 levels.

A year-over-year drop in worldwide TV shipments underscores the link between shifts in global currency values, consumer sentiment and shipping volumes.

Panama Canal officials have said it will take one month to repair leaks discovered in locks for the Pacific side, but warned El Nino is a bigger threat to the canal’s operations.

As U.S. auto sales surge, U.S. Southeast port are shifting into high gear to win that highly profitable roll-on, roll-off cargo.

Svitzer unveiled a new growth strategy targeting the Middle East, Africa and Asia as the Maersk group’s towage unit moves to lessen its dependence on the mature and over-supplied European and Australian markets.

Three container ships sailed through the “new” Suez Canal over the weekend in the first trial run of a second shipping lane alongside the existing waterway ahead of the official opening next month.

The new locks at the Pacific end of the Panama Canal began to fill with water in late June in preparation for months of testing of their new gates before they open to commercial traffic next April.

In exactly one year new global regulations requiring every packed container have a verified container weight will go into effect, and shippers need to be prepared, an industry trade group warns.

The new locks at the Pacific end of the Panama Canal began to fill with water this week in preparation for months of testing of their new gates before they open to commercial traffic in April 2016.

CaroTrans is launching a new weekly, direct less-than-container-load service from Milan to Charleston starting next month, amid weak westbound volume growth on the trade lane.

Asia-Europe freight rates are now 82 percent lower than at the same time last year, dropping by 15.6 percent this week to settle at the latest record low of $205 per 20-foot container, according to the latest reading of the Shanghai Containerised Freight Index.

The “new” enlarged Suez Canal that will allow two-way transits for ships will open on schedule on August 6, according to the waterway authority.

Swire Shipping, the liner shipping division of China Navigation, is teaming up with Rickmers-Linie, the breakbulk and heavy-lift carrier, to enhance services in India and the Mideast.

ST PETERSBURG — Western sanctions and the fall in oil prices that devalued the rouble have devastated Russian container volume and sent shockwaves through the sectors dependent on the business. But there is some hope that fortunes will begin to improve in the coming months.

Airbus is using multipurpose ships to transport large components from Hamburg, Germany, to Mobile, Alabama, for production of the European aircraft manufacturer’s first U.S.-built planes.

CaroTrans is launching a new weekly less-than-container-load service between Southeastern U.S. and Japanese markets, cutting out transshipment and avoiding congestion at ports in Los Angeles and Busan.

Car carrier operator AML Ship Management GmbH was sentenced to pay $800,000 in fines and community service payments for illegally discharging oily bilge water off the Alaskan coast and presenting false records to the U.S. Coast Guard.

U.S. shippers’ expectations for freight growth has dropped to its lowest levels in nearly five years, according to a recent survey.

C.H. Robinson Worldwide is priming its $330 million Global Forwarding division for faster growth in 2015, naming Mike Short president and opening new offices in Asia and Europe.

CaroTrans, a non-vessel-operating common carrier, will begin a weekly direct less-than-container load service from Montreal to Le Havre, France, on May 22.

Spot rates in the China-U.S. East Coast lane are falling back down to historical levels, a sign that vessel diversions driven by West Coast congestion may be easing.

A year ago, the European roll-on, roll-off market was rife with fears of carrier bankruptcies, shotgun sales and shuttered operations. Then the unexpected happened: Oil prices plummeted, and those fears haven’t just been allayed, but ro-ro carriers are on the verge of a mini-boom.