Container schedule reliability sank to 29% on-time in August as the Far East–Europe trade cratered to pandemic-era lows, Xeneta reports, with typhoons, port congestion, and Red Sea disruptions compounding pressure ahead of peak season.
America’s third-largest city is finally getting an all-water container gateway of its own.
Maersk and Seaspan are rolling out a major fleet upgrade program, committing at least $75 million to retrofit 18 chartered vessels. The flagship project targets four 13,000 TEU ships with efficiency-boosting technology expected to lower slot costs by up to 13 percent.
Arc Boat Co. unveils the first truckable electric tugboat at the Port of Los Angeles, combining zero-emission technology with high-performance features to revolutionize maritime operations.
Hapag-Lloyd sees a 30% decline in U.S.-China shipments amidst trade tensions, with rising demand for consignments from Southeast Asia reshaping global shipping trends.
