TOP STORY

Maersk Line to break even in 2012, stock drops

AP Moeller-Maersk stock shares plunged 8.7 percent today to the lowest rate in nine months after the company announced that Maersk Line would fall short of analyst profit projections, reports Bloomberg. The stock was down 5.8 percent by late afternoon in Copenhagen. More...

Port of Los Angeles container traffic jumps

IWLA wants CA legislature to rethink fuel regulation

Chinese consumers want American goods

E.U. executes first Somali pirate raid on the mainland

Tuesday,
May 15, 2012

Daewoo creates largest container ship in history

China’s banks extend credit to global shipping industry

Largest shipping hedge fund high on VLCCs

Port of New Orleans dedicates newly expanded container terminal

Longshoreman awarded $5.6M from Georgia Ports Authority

Friday,
May 11, 2012

U.S. imports surge in March

Apple and Chinese supplier Foxconn to pay for factory upgrades

Port of Tacoma readies for post-Panamax boom

Europe's largest port scores major expansion loan

Baltimore feds seize Japanese cargo ship over lawsuits

Thursday,
May 10, 2012

CAT to sell majority interest in logistics unit for $750 mil

Evergreen, MOL to launch new Asia-U.S. East service

Report: U.S. warehouse demand slipped in Q1

Tanker owners to pay almost $ 2 mil for SF Bay spill

Wednesday,
May 09, 2012

NOL Group posts $254 mil loss for Q1

Trans-Pac lines propose $600 per-FEU peak season surcharge

U.S. House reportedly set to pass Export-Import Bank bill

New Jersey container terminal plans "multi-billion-dollar" expansion

Report: Radioactive container discovered at Port of Hamburg

Tuesday,
May 08, 2012

Westbound trans-Pac carriers push seasonal rate hike for proteins, hides

New $600 mil trans-shipment container terminal to be developed in Panama

Ships slow down for fuel…and pirates

Top Story

Hybrid cargo vessel type could emerge in place of discontinued U.S. Northeast container service

In the wake of a discontinued Jones Act shipping service that launched nine months ago calling ports in Boston, Portland (Maine), and Halifax, is talk of the development of a hybrid cargo vessel that could be used to restore service there. more...