World’s Largest Ocean Carriers Face Costly U.S. Port Fees Under Proposed Rules
The U.S. Trade Representative (USTR) has proposed sweeping new restrictions targeting Chinese-built ships and operators, including substantial port fees that
gCaptain’s full coverage of the global container shipping industry.
The U.S. Trade Representative (USTR) has proposed sweeping new restrictions targeting Chinese-built ships and operators, including substantial port fees that
The Georgia Ports Authority (GPA) announced significant growth and ambitious expansion plans during its State of the Port event in Savannah today, marking a
MSC has returned to Zhoushan Changhong International Shipyard for up to eight 21,700 teu LNG dual-fuelled ships, as the Swiss-Italian carrier consolidates its
Container spot freight rates on the major east-west liner trades experienced another week of decline, as slack demand continued to depress
Evergreen is to spend more than $3bn on another series of 24,000 teu ultra-large
The Port of Long Beach achieved its strongest January performance on record and second-busiest month ever as retailers rushed to move cargo ahead of
A new industry survey by maritime consultancy Drewry reveals that most container shipping stakeholders expect Suez Canal transits to resume before the end of
South Korean shipping giant HMM delivered strong financial results in 2024, with revenue reaching KRW 11,700 billion (USD $8 billion) and operating profit
Blanked sailings and general rate increases (GRIs) have failed to arrest the drop in Asia-North Europe freight rates, with slot utilisation less than 95% amid
Major geopolitical events and policy changes are significantly impacting global maritime trade in early 2025, with new U.S. tariffs and ongoing Red Sea
U.S. container ports are experiencing sustained high import volumes as retailers accelerate cargo shipments in response to new tariff threats and potential
Despite large parts of the Chinese workforce continuing to enjoy the new year holiday, there was a partial return to work for other parts of the economy,
A.P. Moller-Maersk expects global container volume growth of approximately 4% in 2025, as the shipping giant adapts to ongoing Red Sea disruptions and
A. P. Moller-Maersk A/S, a bellwether for world trade, forecast growth in the global container market as it sees consumer demand defying an intensifying trade
Maersk said on Wednesday it has initiated a share buyback program of up to 14.4 billion Danish crowns ($2.01 billion), which will be executed over a period of
Ocean container freight rates are set to decline further in February, influenced by the Middle East ceasefire and Lunar New Year slowdown, despite
Despite the muted trading activity since China’s new year holiday began this week, spot rates on most major east-west ocean trades continued to show slight
German container shipping giant Hapag-Lloyd has reported positive preliminary financial results for 2024, with increased transport volumes and stable freight
A fire aboard the Hong Kong-flagged containership ASL BAUHINIA in the Red Sea has been officially determined to be unrelated to Houthi militant activity,
The nation’s ten largest ports recorded a 14.2% year-over-year increase in inbound container volume in December, continuing a fifteen-month streak of
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