Maersk Warns of Africa Piracy Risk After Cargo Ship Attacked
A containership owned by A.P. Moller-Maersk A/S was attacked off the West African coast, prompting the company to warn of a rising risk from piracy in the area.
Large Ocean Vessels Create Challenges for Shippers
LONG BEACH, Calif. — Ports throughout the United States are prepared to accept megaships carrying 18,000 TEUs or more, but while the larger vessels create efficiencies for maritime providers, they take more time to unload and can create bottlenecks for those at the port and the drivers hauling the loads.
Ocean Shippers Fear Engine Failures as Industry Forced to Upgrade Fuel
Add oil tankers breaking down at sea to the list of things shipping companies are worrying about as they brace for a once-in-a-generation overhaul to the kind of fuel the industry must consume.
Ships Carrying 50,000 Containers Are on Horizon, Report Says
Container ships just keep getting bigger and bigger. Today’s top dog, the OOCL Hong Kong, can carry a mind-boggling 21,413 boxes – far more than the largest ship ever to call on the Port of Hampton Roads.
New Containership Service to Be ‘Fruitful’ for Central America, Port Everglades
Cargo chartering company King Ocean Services Ltd. has entered into a vessel-sharing agreement with Crowley Caribbean Services to offer less-than-containerload service between Port Everglades, Fla., and Central America.
August 11, 2017Cosco Shipping Reaches Preliminary $6 Billion Deal With OOCL; Effect on Trucking Unclear
West Coast seaport officials and trucking executives are monitoring Cosco Shipping’s $6.3 billion bid to purchase Orient Overseas International Ltd. to see how the consolidation would affect their businesses.
S.C. Ports Set Record for Annual TEUs Handled
South Carolina ports topped an 11-year-old record for the 12 months ended June 30 by handling 2.14 million 20-foot-equivalent units of containerized freight.
Maersk Says Systems Back in Action After Cyberattack
Maersk Line, one of the world’s largest container shipping companies, said June 28 its cargo booking system was back up and running after a global cyberattack crippled its IT networks a day earlier