News

07.03.2020

Coronavirus having minimal impact on trans-Pacific service negotiations.

Carriers and cargo owners generally aim to conclude the negotiations by the end of April for May 1 implementation. Photo credit: Shutterstock.com Carriers and their customers […]
07.03.2020

Baltimore shuts container terminal for two days on coronavirus cargo drop

The Seagirt Marine Terminal is closing on two days an reducing gate hours due to cargo volume declines resulting from the corona virus. Photo credit: Shutterstock.com […]
07.03.2020

19,000-TEU ship call at LA-LB promises empty container relief

The call of the MSC Oscar (pictured) in LA-LB could be followed by other upsized vessels. Photo Credit: Shutterstock.com The 19,000-TEU MSC Oscar will call in […]
06.03.2020

Truckers urge FMC to monitor coronavirus-related fees

With few vessels calling due to coronavirus, terminals are cutting back shifts and restrictions are being placed on the return of empty containers. Photo credit: Shutterstock.com. […]
06.03.2020

Truckers urge FMC to monitor COVID-19-related fees

With few vessels calling because of COVID-19, terminals are cutting back shifts and restrictions are being placed on the return of empty containers. Photo credit: Shutterstock.com. […]
06.03.2020

CMA CGM says debt paring on track despite coronavirus, 2019 loss

CMA CGM’s revenue was virtually flat last year, excluding business from its acquisition of CEVA Logistics. Photo credit: Shutterstock.com. After reporting a $229 million full-year loss […]
06.03.2020

CMA CGM says debt paring on track despite COVID-19, 2019 loss

CMA CGM’s revenue was virtually flat in 2019, excluding business from its acquisition of CEVA Logistics. Photo credit: Shutterstock.com. After reporting a $229 million full-year loss […]
06.03.2020

Coronavirus adding fuel to VLSFO freefall

Very low-sulfur fuel prices were assessed at $392.50 per metric ton in Rotterdam (above) Thursday, down 33 percent from early January. Photo credit: Shutterstock.com. The two-month […]
06.03.2020

COVID-19 adding fuel to VLSFO freefall

Very low-sulfur fuel prices were assessed at $392.50 per metric ton in Rotterdam (above) Thursday, down 33 percent from early January. Photo credit: Shutterstock.com. The two-month […]
06.03.2020

Roll Group to develop offshore decommissioning center in Indonesia

The Roll Dock Storm at the Panama Canal. Photo credit: Roll Group The Dutch heavy transport carrier Roll Group has signed a deal with Indonesia’s Bintan […]