Rising with the economic tide
NewsEconomic growth has lifted container volumes across the largest US container ports on all three coasts....
Reefer box production stays weak
NewsGlobal reefer production fell sharply last year, and has yet to show any real signs of picking up Again....
Intra-Asia trades’ changing fortunes
NewsDemand on the intra-Asia trades is slowing, with freight rates also depressed, forcing shipping lines to seek new survival strategies....
Hanjin boxes pile up
NewsLeasing companies looking for unreturned containers leased to bankrupt Hanjin Shipping might want to pay a visit to rural properties in Onta...
Lessons on spotting the next Hanjin crisis
NewsDelegates at this year’s Trans-Pacific Maritime (TPM) conference in Long Beach were eager to try and learn the lessons from the sudden and...
TTI sale approved
NewsA US bankruptcy court has opted to let the sale of Hanjin Shipping’s interest in Total Terminals International (TTI) proceed, rather than ...
Long Beach down 5.8%
NewsThe Port of Long Beach handled 6.775M TEU in 2016, a drop of 416,895 TEU on the 7.192M TEU through the port in 2015....
US trade prospects up in the air
NewsMany US ports performed very well in 2016, but there is considerable uncertainty about what lies ahead in the Trump era....
TTI Long Beach to MSC
NewsThe complicated sale of Hanjin’s stake in Long Beach’s Pier-T Terminal is nearly resolved. MSC has emerged as the victor, with a deal th...
HSH Nordbank arranges new charters for ex-Hanjin tonnage
NewsHSH Nordbank is to charter nine 13,100 TEU capacity neo-panamax containerships, formerly operated by the bankrupt Hanjin Shipping Group, to ...
Hanjin fallout hits Long Beach
NewsWith Hanjin Shipping subsidiary Total Terminals Inc. operating Pier T, currently the largest terminal in Long Beach, the port saw a step dro...
Shippers urged to “be more selective”
NewsChairman Mario Cordero said the ability of the Federal Maritime Commission to mitigate the impact of a shipping line failure is limited, and...
Dry box output in the doldrums
NewsDry freight container builders are facing further difficulties this year, with production having declined to a seven-year low and finished p...
Box owners claim Hanjin containers
NewsThe Container Owners Association has issued an “Industry Alert” to help identify the owners of containers previously on lease to Hanjin ...
Hanjin unloads in Long Beach
NewsSouth Korean court agrees to release funds to pay for vessel operations, but other creditors facing significant losses....