The Loadstar

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, October 15, 2021

Rising Rates and Capacity Problems for Shippers Frustrated by Skipped Port Calls

By Mike Wackett (The Loadstar) – Container spot rates from Asia to the US have re-gained traction after China’s Golden Week holiday, while rates to Europe appear to have plateaued and could...

4 mins ago
Total Views: 0

Wednesday, October 13, 2021

Felixstowe Congestion Could Lead to $2 Billion of Stranded UK Imports, Says Report

By Charlie Bartlett, European Correspondent (The Loadstar) – Appraisals of the situation at Felixstowe conflicted today – a report warned that some $2bn of imports could be affected at the current rate...

October 13, 2021
Total Views: 814

Monday, October 11, 2021
maersk ship

Maersk Suspends 5 In Midshipman X Rape Case While Officer’s Union Remains Silent

Nick Savvides (TheLoadstar) Maersk provides new information on Midshipman X rape investigation.

October 11, 2021
Total Views: 16972

Friday, October 8, 2021
CMA CGM mega-ship Marco Polo

Container Spot Rates Stay High in China’s Golden Week, But Some Bargains to Be Had

By Mike Wackett (The Loadstar) – China’s Golden Week holiday this month saw container spot rates from Asia to the US ease back, while short-term rates to Europe ticked up a few...

October 8, 2021
Total Views: 2045

Thursday, October 7, 2021

Forecasters See No Supply Chain Recovery Before End of Next Year

By Mike Wackett (The Loadstar) – Hopes of a return to some form of normality in global supply chains after Chinese New Year in February have been dashed by analysts. Both...

October 7, 2021
Total Views: 1997

Monday, October 4, 2021
Port of Savannah Garden City Terminal

US East Coast Ports Backed Up as Congestion Spreads

By Ian Putzger in Toronto (The Loadstar) – Persistent and mounting congestion at US west coast ports has caused some shippers to seek the sanctuary of the east coast to speed cargo...

October 4, 2021
Total Views: 3442

Tuesday, September 28, 2021
yantian port china

Container Shipping’s Latest Shock: Blackouts in China

By Martina Li in Taiwan (The Loadstar) – Factories in at least ten Chinese provinces have either cut output or closed temporarily this month, after government-imposed power cuts to curb carbon emissions....

September 28, 2021
Total Views: 63066

Friday, September 24, 2021
port of los angeles

Transpacific Spot Rates Ease Ahead of China’s Golden Week Holiday

By Gavin van Marle (The Loadstar) – There were signs of a silver lining finally beginning to appear for beleaguered US shippers this week, after the spot container freight rates to both...

September 24, 2021
Total Views: 718

Monday, September 20, 2021
cma cgm ship

CMA CGM Data Hack Leaves Confused Customers in the Dark

By Nick Savvides (The Loadstar) – Confusion reigned among the customers of French carrier CMA CGM, as hackers wrote to media organisations claiming to have accessed customer data – but many of...

September 20, 2021
Total Views: 2095

Wednesday, September 15, 2021
Port of long beach

MSC Embraces Market-Based Measures to Meet Climate Change Targets

By Nick Savvides at London International Shipping Week (The Loadstar) – MSC has embraced market-based measures (MBMs) to help the industry meet its climate change targets, CEO Soren Toft said today. Speaking...

September 15, 2021
Total Views: 540

Monday, September 13, 2021
msc ship in port

2M Blanks Sailings, Taking Angry Shippers by Surprise

By Mike Wackett (The Loadstar) – A container shipping line announcement that it would blank four sailings in the Golden Week period has left shippers, still struggling to get cargo out of...

September 13, 2021
Total Views: 10910

Friday, September 10, 2021
cma cgm container ship

Shippers and Forwarders Deride CMA CGM’s Rate Cap as ‘High Level Torture’

By Nick Savvides and Mike Wackett (The Loadstar) – Freight forwarders and shippers have responded to CMA CGM’s pledge to stop spot rate increases until 1 February with a raised level of...

September 10, 2021
Total Views: 2054

Wednesday, September 8, 2021

More Logistics Players Guarantee Space by Chartering Their Own Box Ships

By Mike Wackett (The Loadstar) – Entrepreneurial logistics players are turning away from the highly congested transpacific market to cash in on the equally buoyant but less-congested Asia to Europe trade. Alphaliner...

September 8, 2021
Total Views: 1336

Tuesday, September 7, 2021

Australia’s Exporters Continue To Face Increased Shipping Delays And Costs

By Sam Whelan (Loadstar)–Australia’s agricultural exporters are losing business because of increasing shipping delays and costs, prompting fresh calls for tighter regulation of container carriers. For example, according to a new...

September 7, 2021
Total Views: 1710

Monday, September 6, 2021

MSC To Increase Its Peak Season Surcharge Between Europe And US

By Mike Wackett (The Loadstar) – MSC is to increase its peak season surcharge (PSS) between Europe and the US by $1,000 per 40ft on 1 October. The Geneva-headquartered carrier said...

September 6, 2021
Total Views: 1128

Wednesday, September 1, 2021
hyundai containership
Maritime News

HMM Office Staff Vote To Join Seafarer Strike

By Martina Li in Taiwan (The Loadstar) At 8pm Seoul time, seafarers working for HMM began a picket protest from two of the Korean flagship carrier’s ships in Busan port, even as...

September 1, 2021
Total Views: 1861

Thursday, August 26, 2021
hyundai containership

Union: Over 300 HMM Seafarers Resign as Pay Negotiations Continue

By Martina Li in Taiwan (The Loadstar) – More than half HMM’s 600-strong seafarer workforce have quit following management refusal to meet pay demands. Some 453 staff voted in the seafarers’ union strike...

August 26, 2021
Total Views: 2783

Tuesday, August 24, 2021
hyundai containership

HMM Seafarers Threaten Pay Strike, Mass Resignation

By Nick Savvides (The Loadstar) – More than 90% of HMM’s seafaring union members voted to strike on Sunday and, if a resolution is not reached, the 453 union members are threatening...

August 24, 2021
Total Views: 8382

Monday, August 23, 2021
port of los angeles-long beach

At Port of Los Angeles, More Boxes Leave Empty Than Loaded

By Mike Wackett (The Loadstar) – Exports from the top ten US container ports slumped by 8.3% in July, compared with the same month of 2020, to 763,619 teu, while imports gained...

August 23, 2021
Total Views: 2546

Friday, August 20, 2021

OOCL Joins the Billionaire Carriers’ Club with Record First-Half Result

By Mike Wackett (The Loadstar) – Orient Overseas (International) (OOIL), parent company of OOCL, has posted a net profit of $2.8bn for the half-year – far and away the best interim result...

August 20, 2021
Total Views: 896