trans-Atlantic trade Archives - Maritime Shipping News

Good times still rollin’ for shipping lines in trans-Atlantic trade

30 January 2023

chart showing trans-Atlantic container shipping rates

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The rise of East Coast ports has been largely credited to the fall of West Coast ports — to shippers...

https://www.freightwaves.com/news/good-times-still-rollin-for-shipping-lines-in-trans-atlantic-trade

FreightWaves Classics: SS Savannah was first steamship to cross the Atlantic

20 June 2022

A model of the SS Savannah. (Built by Francis Fickett/hughevelynprints.com)

In 1819 the SS Savannah became the first steamship to cross the Atlantic Ocean.

The ship

The ship was being built in 1818 as a traditional sailing ship by the New York shipbuilding firm of Fickett & Crockett. However, while the ship was still on the slipway and being built, Captain Moses Rogers (with the financial backing of the Savannah Steam Ship Company), purchased the vessel. He instructed the shipbuilders to add an auxiliary steam engine and sidewheel paddles, in addition to ship’s the...

https://www.freightwaves.com/news/freightwaves-classics-ss-savannah-was-first-steamship-to-cross-the-atlantic

European airlines boost capacity, cargo sales as US reopens to travel

8 November 2021

A plastic-wrapped cargo pallet in foreground, with a Lufthansa Cargo jet in the background.

Major trans-Atlantic airlines are reporting full planes Monday as the U.S. reopens its borders to fully vaccinated travelers for the first time since March 2020. The new demand is stimulating airlines to add flights, bringing much-needed cargo space to a tight market for importers and exporters in the weeks leading up to Black Friday and other Christmas sales events.

Extra capacity introduced in recent weeks, along with shipment diversions to avoid ocean freight bottlenecks, helped European...

https://www.freightwaves.com/news/european-airlines-boost-capacity-cargo-sales-as-us-reopens-to-travel

FreightWaves Classics: JP Morgan sought a trans-Atlantic monopoly

2 November 2021

The SS United States, flagship of the United States Line. (Photo: united-states-line.org)

A recent FreightWaves Classics article provided an overview of J.P. Morgan’s activities in the U.S. railroad industry. This article will provide an overview of Morgan’s attempts to create an ocean shipping trust.

Founding the IMM

The shipping industry was prosperous in the late 19th century; this led some to attempt to create a trust or monopoly that would control major U.S. shipping companies. None of the efforts during the 1890s were successful, however....

https://www.freightwaves.com/news/freightwaves-classics-jp-morgan-sought-a-trans-atlantic-monopoly

HMM may explore autonomous ships, trans-Atlantic trade

23 September 2020

HMM said it will use data collected at its newly opened fleet control center in part to explore the commercial viability of autonomous ships. The South Korean carrier also may be exploring reentry into the trans-Atlantic trade.

HMM has begun monitoring and directing operations of its existing vessels from the control center at the shipping line’s research and development facility in Busan, South Korea.

The HMM fleet includes 12 newbuilds, each with a capacity of 24,000 twenty-foot equivalent...

https://s29755.pcdn.co/news/hmm-may-explore-autonomous-ships-trans-atlantic-trade