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, March 5, 2021

Congestion Hits Port of Singapore

By Sam Whelan (The Loadstar) – Major delays have now hit the port of Singapore, with congestion causing vessel turnaround times to more than double and week-long cargo rollovers. Peter Sundara, VP global...

50 seconds ago
Total Views: 29

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...

March 4, 2021
Total Views: 1382

Monday, March 1, 2021
port of rotterdam

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....

March 1, 2021
Total Views: 1004

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...

February 25, 2021
Total Views: 3316

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...

February 23, 2021
Total Views: 2429

Friday, February 19, 2021
container ship

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...

February 19, 2021
Total Views: 4013

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...

February 18, 2021
Total Views: 1715

Tuesday, February 16, 2021
msc ship in port

2M Blanks Asia-Europe Sailing at Last-Minute

By Mike Wackett (The Loadstar) – The 2M alliance has announced a further blank sailing this week from Asia to North Europe to use the vessel on another service.  The last-minute cancellation...

February 16, 2021
Total Views: 2076

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...

February 12, 2021
Total Views: 2657

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...

February 4, 2021
Total Views: 7321

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...

February 1, 2021
Total Views: 959

Wednesday, January 27, 2021
cma cgm containership

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...

January 27, 2021
Total Views: 2101

Tuesday, January 26, 2021
container port

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...

January 26, 2021
Total Views: 2038

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...

January 21, 2021
Total Views: 14244

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...

January 18, 2021
Total Views: 1799

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...

January 15, 2021
Total Views: 3138

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...

January 11, 2021
Total Views: 15807

Friday, January 8, 2021
container terminal at port

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...

January 8, 2021
Total Views: 3393

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...

January 6, 2021
Total Views: 2448

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...

January 4, 2021
Total Views: 3728