#logistics

Port Houston sees falling container traffic in August

Container flow in August slumped in Houston, while global demand for crude oil continued to fuel exports through Corpus Christi, Texas. The Port of New Orleans repor...

WestJet adds new cargo route to Havana

The fledgling freighter division of Canadian airline WestJet has started flying to Havana while the more established Lufthansa Cargo has announced expansion of its n...

Container shipments drop 14% at Port of Vancouver as consumer demand falls

The Vancouver Fraser Port Authority says container shipments are falling, as consumer demand weakens amid a sputtering economy. The authority says container shipm...

Australia Docks its Largest Containership as CMA CGM Expands Route Capacity

The largest containership to moor in Australia and be deployed to the country is currently completing her maiden circuit through the country. While it is not a new v...

Is the air cargo market finally showing signs of improvement?

Emerging reports suggest that the air cargo market may finally be showing signs of a slight improvement after a year and a half in the doldrums. The latest market...

Trouble ahead: Container shipping rates sinking further into the red

It’s not looking good for container shipping lines. Peak season is running out of whatever limited steam it previously had. Spot rates are sliding into loss-ma...

Shipping rivals CMA CGM, Maersk to collaborate on green fuels

Container shipping giants CMA CGM and Maersk said on Tuesday they will cooperate in efforts to reduce emissions in the sector, including by supporting the use of met...

COSCO developing green methanol industrial chain

As has been well telegraphed, China’s state-owned shipping behemoths are going hard after methanol as a future fuel. To this end, COSCO, the world’s l...

Shipping group Maersk sets up green methanol company

has teamed up with its majority owner to form a new company to produce "green methanol", the shipping company said on Thursday, as it held a naming ceremon...

World’s 1st methanol-powered containership reaches final destination

The 2,100 TEU boxship was assisted into the port of Copenhagen by Svitzer’s tugs and the container ship docked in the Toldboden area of the Copenhagen harbor n...

Critical years ahead for container shipping

MSC and Maersk announced the break up of their alliance earlier this year, but the fall-out from that decision will not be fully realised until January 2025 when the...

Global carriers stalk loss-making intra-Asia operators

Operators in the heavily fragmented intra-Asia trades are coming under severe financial duress and could become the targets of takeovers by global liners, according...

MSC and ZIM sign new operational collaboration agreement

Israeli carrier ZIM has renewed ties with Mediterranean Shipping Co (MSC), the world’s largest carrier. The new operational agreement includes services connect...

Hapag-Lloyd chief warns of ‘rougher seas ahead’ for container shipping

Hapag-Lloyd’s chief executive warned of “rough seas ahead,” as a combination of tumbling freight rates and a slump in demand pummels major containe...

Panama Canal water levels at historic lows, restrictions to remain

The Panama Canal's water levels have not recovered enough as the end of the rainy season approaches and limits on daily transit and vessel draft will stay in pla...