A proposal from the United States Trade Representative’s (USTR) office that would charge Chinese ships up to $1.5 million to call at U.S. ports could disrupt ocean carriers and potentially cause ...
A supply and demand imbalance continues to weaken pricing on U.S. container trade routes as ocean carriers chase a softer market with more ships, particularly to the U.S. East Coast, Xeneta data shows ...
In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEU, beating the previous record from 2015 when 1.7 million TEU was delivered. “The 2023 record is now likely ...
Alphaliner says CMA CGM's market share of intra-Mediterranean container capacity has increased to 23.1% over the past year.
When only six ships with a capacity of 4,746 TEU were contracted in the fourth quarter of 2023, many might have thought that the container ship contracting spree that began in 2021 had finally cooled.
The ocean has long been a stage for the world's greatest engineering feats, where ever-more-colossal ships cut through the waves, each a marvel of modern technology. In looking at the world's largest ...
Congestion at the Port of Singapore has gotten so bad that 90 percent of container ships are arriving at the site later than scheduled, Singapore’s transport minister Chee Hong Tat told the country’s ...
Larger ships don’t necessarily increase accident rates, but the damage they cause can be more catastrophic. The massive container ship that toppled Baltimore’s Francis Scott Key Bridge isn’t anywhere ...
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Proposed USTR Port Fees on Chinese Ships ‘A Sledgehammer With All Sorts of Adverse Consequences'
A proposal from the United States Trade Representative's (USTR) office that would charge Chinese ships up to $1.5 million to call at U.S. ports could disrupt ocean carriers and potentially cause ...
The ongoing supply and demand imbalance is driving down container prices on U.S. trade routes, as ocean carriers deploy more ships in a soft market. Spot rates as of Dec. 11 from Asia to the U.S. West ...
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