LNG shipowners will have to wait until 2018 for earnings to improve, when the majority of new U.S. plants are expected to come online, according to the latest edition of the LNG Forecaster report published by global shipping consultancy Drewry.
MatchBack Systems, Inc. has launched MatchPodium, software for analyzing data and providing systematic street-turn options to truck-fleet and container planners.
The balance of seaborne-cargo delivery in the U.S. shifted further east in the last year, resulting in East Coast seaports making gains against their West Coast counterparts in CBRE Group Inc.'s second-annual North American Seaports and Logistics Index.
Now that the first quarter of fiscal 2016 is in the past, results are in from IATA's most recent airline business confidence survey, and gauging from the responses of airline CFOs and cargo heads surveyed - their outlook is bullish for the remainder of the year, despite a perceived weak first quarter.
Too many ships, too much rate discounting, and too many service providers for the market to support: the outlook for ocean carriers is "pretty bleak indeed."
Maersk Line marked the introduction of its first direct service from Northern Europe to Cuba on April 22 when a 2,556-TEU container vessel arrived in the Port of Mariel, 30 miles from Havana.
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