Container-lines operating U.S. seaborne import routes saw a 2.7% year over year drop in volumes in January. The 2M Alliance of Maersk and MSC saw the worst performance with the two liners seeing a 7.1% slide in traffic respectively. The Ocean alliance – led by COSCO Shipping – f... Read more →
Pacific International Lines may have had one of its container shipping vessels detained in relation to unpaid bunker fuel bills, according to press reports. The container logistics sector has not faced financial stress for a shipping firm since the failure of Hanjin Shipping in late 2016. L... Read more →