Weakening global economy could slow consumer spending in Matson’s core US markets, chief executive Matt Cox says
‘Headwinds’: Stifel downgrades Matson to ‘hold’ as economy slows and inflation mounts Read More »
Rivals Carnival Corp and Norwegian Cruise Line Holdings are also trying to preserve cash in face of unexpected headwinds
Royal Caribbean makes ‘lead time’ with $1bn note offering as cruise secures liquidity Read More »
Backhaul route from Asia to the Atlantic falls into negative territory for first time in five months
Dry bulk spends week on the slide as capesizes lose steam on Brazil-to-China trade Read More »
Port of Savannah has 40 container ships waiting at anchorage for berths while ports in New York and Houston also face backups
US East Coast ports face container ship clogs as shippers avoid West Coast terminals Read More »
After selling its entire bulker fleet to another Angeliki Frangou-led outfit, New York-listed company’s main business is centred around its Uruguay terminal complex
Navios Maritime Holdings’ new focus: growing its South American logistics business Read More »