After refraining from placing any order for new ships for the past two years, the head of the Evergreen Group now sees the opportune time to order 100 new containerships in the near future and negotiations with shipbuilders are...
Read MoreTaiwan-based carrier Evergreen Line will resume its 20-port pendulum service to Tacoma six months after it withdrew the US West Coast-Asia/Mediterranean (UAM) service, with a May 10th sailing from Kaohsiung. The 20-port pendulum...
Read MoreThe biggest reason to own a shipping company stock today is the nascent economic recovery. As economies recover, trade should rebound, and that will increase the demand for international shipping. That, in turn, should lead to...
Read MoreWhile the latest container trade data suggests container shipping may have entered a real recovery phase, Drewry Shipping Consultants cautions that comparisons with the depth of the recession in 2009 may be misleading. “Until we...
Read MoreThe Port of San Diego is working on its own Clean Truck Program to cut emissions and add enforcement teeth to the two-cargo terminal port. The proposal looks to be less restrictive than a similar plan adopted at the Port of Los...
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