The Loadstar is fast becoming known at the highest levels of logistics and supply chain management as one of the best sources of influential analysis and commentary.
Friday, March 5, 2021
Thursday, March 4, 2021
U.S. West Coast Port Congestion Could Last Until Summer Peak Season
By Mike Wackett (The Loadstar) – Major port and landside congestion at US west coast ports could last until the summer peak season, according to ocean carriers attending the JOC’s virtual TPM21 conference...
Monday, March 1, 2021
Shippers Face Increasing Bunker Surcharges Amid Rising Fuel Costs
By Mike Wackett (The Loadstar) – Higher fuel costs are triggering increases in ocean carrier bunker surcharges, adding more misery for shippers already struggling with record high freight rates and additional fees....
Thursday, February 25, 2021
Ship Owners Lock In Charter Rates at 13-Year Highs
By Mike Wackett (The Loadstar) – Containership charter rates have hit 13-year highs and shipowners are locking these in with carriers on three- and five-year charters. Alphaliner says the supply of container...
Tuesday, February 23, 2021
U.S. Imports Surge Set to Run Into Summer as West Coast Ports struggle
By Mike Wackett (The Loadstar) – Container freight and charter markets are continuing to boom post-Chinese New Year, and analysts expect favourable conditions for carriers and shipowners to last at least into...
Friday, February 19, 2021
Container Rates Buck Usual Post-Chinese New Year Slump
By Mike Wackett (The Loadstar) – Ocean carriers are determined to keep container spot rates at their highly elevated levels for as long as possible, as they look to lock in annual...
Thursday, February 18, 2021
Danaos Sees ‘Outstanding Turnaround’ as Liner Profitablity Boom Continues
By Mike Wackett (The Loadstar) – Ocean carriers and containership owners are in the midst of the richest vein for the liner sector in over a decade. The shipping lines are confidently predicting record...
Tuesday, February 16, 2021
Friday, February 12, 2021
Combined Antwerp and Zeebrugge Port to Rival Rotterdam
By Gavin van Marle (The Loadstar) – A new superport is set to be created in north-west Europe after the Belgian ports of Antwerp and Zeebrugge announced today that they will formally merge. Talks between the...
Thursday, February 4, 2021
Yang Ming Takes Early Delivery of Transpacific-Bound Containership
By Mike Wackett (The Loadstar) – Yang Ming has taken charge of the fourth in the series of ten 12,690 teu neo-panamax vessels three months ahead of schedule. The Taiwanese carrier said the YM Target will be...
Monday, February 1, 2021
FMC Urges Biden Administration to Expedite Vaccinations for Nation’s Dockworkers
By Gavin van Marle (The Loadstar) – Federal Maritime Commissioners Carl Bentzel and Daniel Maffei have written to US president Joe Biden urging his new administration to classify the country’s dockers and...
Wednesday, January 27, 2021
CMA CGM to Cut Transpacific Premium Service as SoCal Port Congestion Hits On-Time Deliveries
By Gavin van Marle (The Loadstar) – CMA CGM appears to be set to close its transpacific express container shipping service, after worsening congestion at Los Angeles port impacted delivery guarantees. According...
Tuesday, January 26, 2021
Carriers Announce Asia-Europe Blankings for Chinese New Year
By Mike Wackett (The Loadstar) – Ocean carriers are to cancel several headhaul sailings to North Europe around the Chinese New Year holiday next month. It is a blow for beleaguered shippers...
Thursday, January 21, 2021
Carriers Face Pressure for Load Restrictions After Latest Container Loss in Pacific
By Mike Wackett (The Loadstar) – There are calls for an urgent review of container lashing practices and stack height restrictions after another box ship lost a huge number of containers in the Pacific...
Monday, January 18, 2021
OOCL Profits are Surfing the Wave of Soaring Rates and Demand
By Mike Wackett (The Loadstar) – A very strong fourth-quarter 2020 operational update from OOCL is an indicator of the rich vein of profitability enjoyed by the liner industry since the middle...
Friday, January 15, 2021
Return of Bunker Surcharges Possible as Low Sulphur Fuel Spread Widens
By Mike Wackett (The Loadstar) – As oil prices head north again, ocean carriers are preparing to ramp up low-sulphur fuel surcharges to add to the misery of shippers struggling with sky-high...
Monday, January 11, 2021
ONE Apus Cargo Unloading Expected to Take Several More Weeks
By Gavin van Marle (The Loadstar) – Surveyors contracted to inspect the damaged cargo and containers on the ONE Apus say discharging operations are likely take several more weeks. And a decision on whether...
Friday, January 8, 2021
Boxship Space in Asia Now Going, Going, Gone – to the Highest Bidder
By Mike Wackett (The Loadstar) – Major forwarders are engaged in fierce bidding wars in China, in order to secure equipment and space to North Europe. And several carriers are reported to...
Wednesday, January 6, 2021
European Shippers Claim Carriers are Breaching Contracts to Demand Higher Rates
By Mike Wackett (The Loadstar) As Asia-Europe container spot rates continue to skyrocket, shippers and freight forwarders are accusing carriers of breaching short- and long-term contracts to “charge whatever they want”. In...
Monday, January 4, 2021
No Happy New Year for Shippers as Rates Stay Sky High
By Mike Wackett (The Loadstar) – The final Shanghai Containerized Freight Index (SCFI) for 2020, published on 31 December, recorded a staggering 190% gain on the year. The biggest spot rate increase...
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