The market for containers is witnessing a significant mismatch between buyer and seller price expectations, because of continued strong demand.

A pair of slots are up for auction for transit dates starting on March 18, with an additional slot for dates beginning on March 25.

To start 2024, the Port of Los Angeles has already moved an estimated 1.6 million TEUs, marking a 35% bump over that same period last year.

All shipping companies are mandated to monitor, report, and verify their greenhouse gas (GHG) emissions annually in order to determine the EUA that they need.

Ships have been attacked at 600 miles or more from the Somali coast, and pirates are believed to be operating in a zone that spans more than 1,000 miles.

The recyclable, retractable, autonomous wingsail is designed to reduce fuel emissions from an ocean-going vessel by up to 30%.

The grants will fund 34 projects across 22 states, the District of Columbia, and Puerto Rico.

U.S. steelworkers claim China has established a stranglehold on shipbuilding to dominate global trade. 

The attack is the most recent sign of a fresh bout of Somali piracy in the Indian Ocean, coinciding with a slew of attacks on merchant shipping in the Gulf of Aden and the Red Sea.

The Biden administration recently announced it would replace the nation’s Chinese-built port cranes with Japanese ones.