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Maritime News
Maritime News, ships, container ships, cargo, panamax, bulk carriers, containers, port terminals,
GE Haggles With Shipyard Over Unpaid US Navy Supercarrier Bill
Four years after the U.S. Navy’s costliest warship was hobbled by a flaw in its propulsion system, prime contractor…
Spot rates between Asia and the U.S. West Coast soar ahead of Chinese New Year
Container spot rates from Asia to the US West Coast soared this week ahead of the Chinese New Year holiday on…
Port of Los Angeles reported record 10.7 million TEUs in 2021
The Port of Los Angeles, the nation's leading port for containerized imports, reported a record cargo volume of…
American Cruise Lines Building 12 New Coastal Cruise Ships for U.S. Market
Domestic small ship cruise operator American Cruise Lines on Monday announced plans to construct 12 new ships that…
Russia to Hold Major Naval Drills Involving Entire Fleet
Russia announced on Thursday its navy would stage a sweeping set of exercises involving all its fleets this month…
Forwarders fear ‘shut-out’ as other major lines emulate Maersk…
Increasing numbers of forwarders claim they are being “shut out” by shipping lines that appear to be focusing on…
Containership earnings bonanza continues in the red hot charter market
The charter market just keeps getting better and better for non-operating containership owners, with record daily…
Tsunami Induced Oil Spill in Peru Declared Environmental Emergency
Peruvian President Pedro Castillo declared an environmental emergency on Thursday as clean-up teams struggled to…
Suez Canal expansion to be completed by 2023
The project to expand parts of the Suez Canal is expected to be completed, after two years of work, in July 2023,…
Growing shipping congestion at world’s largest port
Ships wanting to avoid delays caused by Covid in China are heading to Shanghai, leading to growing congestion at…