Central America and Caribbean trade has largely recovered from the COVID-19 pandemic thanks to healthy peak season demand, but port congestion and labor issues continue to cause intermittent delays.
The availability of green fuels in sufficient quantities and at cost-competitive price levels remains the main challenge for the decarbonization of global shipping, says Maersk.
Despite a downturn in the container leasing market, IMO regulations next year could prompt carriers to employ more slow steaming, which would boost the need for additional boxes starting in mid-2023.
More innovation is necessary to achieve the net-zero target for shipping. Among others, hydrogen is helping to close the gap in industries such as heavy-duty transportation, steel manufacturing, fertilizer, and methanol production that would ot...
More innovation is necessary to achieve the net-zero target for shipping. Among others, hydrogen is helping to close the gap in industries such as heavy-duty transportation, steel manufacturing, fertilizer, and methanol production that would ot...
Rising tensions between China and the United States underscore how even as supply chain congestion is easing, geopolitical threats pose disruption on an entirely different scale.
Rising tensions between the China and the United States underscore how even as supply chain congestion is easing, geopolitical threats pose disruption on an entirely different scale.
A major challenge arising from decarbonization will come when it’s actually time to measure at a TEU level whether a certain shipment is carbon neutral or not, writes JOC analyst Lars Jensen.
A surge in shipper demand for NVO capacity in 2021 did little to open up long-term relationships opportunities with trans-Pacific intermediaries.
There is no longer structural support for historically high ocean rates, though the softening taking place now is more of a market correction and not yet a true downturn, writes JOC analyst Lars Jensen.
Demand for refrigerated warehousing space is expected to remain strong despite flagging reefer volumes and a slowing US economy.
Demand for refrigerated warehousing space is expected to remain strong despite flagging reefer volumes and a slowing US economy.
There is still no silver-bullet carbon-neutral fuel solution available to the shipping industry, but the cost implications of decarbonizing the global maritime industry are becoming clearer, says DNV.
Technology intended to help shippers and forwarders manage arrival notice information might be the solution that federal regulators are seeking to bridge data gaps from carriers and terminals.
Maersk’s terminals business will no longer own any assets in Russia, but the deal gives it the ability to regain its ownership share in GPI in the future.
Any changes to shipping taxation will not make a skewed competitive playing field more even -- it will merely make it skewed in a different way, writes JOC analyst Lars Jensen.
DOJ said the deal between CIMC and Maersk would have merged two of the four largest producers of reefer containers in the world, increasing the risk of collusion among remaining suppliers.
The disruptive impact of returning empty containers to marine terminals is magnified by the fact ocean carriers lack the incentive they had last year to rapidly reposition those boxes back to Asia.
German authorities said the Rhine would remain open and barge companies would need to decide on their own whether to operate services as parts of the key waterway fall to record low levels.
While some carriers have been willing to adjust shipping contracts, others are holding the line, anticipating that peak season, US port congestion, and the ability to blank sailings will keep the spot market afloat through the balance of the ye...