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.

Tuesday, June 22, 2021

Carrier Schedule Reliability ‘Through the Floor’ and There’s No Relief in Sight

By Mike Wackett (The Loadstar) – Ocean carrier vessel arrivals from Asia are being delayed by 20 days, or more, and there is no improvement in sight. Widespread port congestion, equipment shortages...

June 22, 2021
Total Views: 2051

Friday, June 18, 2021
shipping containers

‘Yantian Effect’ Could Cause Shortage of Goods as Freight Rates Set to Stay High

By Nick Savvides (The Loadstar) – Chronic congestion in Asia, particularly at Yantian, the US and Europe will force rates higher and will most likely lead to shortages of low-value goods no...

June 18, 2021
Total Views: 2608

Tuesday, June 15, 2021
hyundai containership

HMM Confirms Cyber Attack on Email System

By Mike Wackett (The Loadstar) – Yet another ocean carrier has fallen foul to a cyber-attack: this time it is South Korea’s HMM, which today confirmed a virus attack on its email...

June 15, 2021
Total Views: 3690

Thursday, June 10, 2021
Cargo ship Guangdong Port

Container Shortage Worsens as Ships Avoid Chinese Ports That Need Empties

By Mike Wackett (The Loadstar) – The availability of containers at southern Chinese ports continues to deteriorate as carriers omit calls due to a wave of Covid outbreaks in Guangzhou province. According...

June 10, 2021
Total Views: 28832

Tuesday, June 8, 2021
Cargo ship Guangdong Port

South China Ports in Crisis as Congestion Spreads

By Sam Whelan (The Loadstar) – South China’s port congestion has gone from bad to worse – delays at Yantian are spilling over to nearby Shekou and Nansha. When the bottleneck began over two...

June 8, 2021
Total Views: 8630

Monday, June 7, 2021
Cargo ship Guangdong Port

Yantian Port Disruption Adds to Supply Chain Chaos

By Mike Wackett (The Loadstar) – The closure of the Chinese hub port of Yantian last week added another layer of chaos to an already fractured supply chain, resulting in a further...

June 7, 2021
Total Views: 3522

Friday, June 4, 2021
container ship

‘Out of Control’ Box Ship Charter Market Continues Bull Run

By Mike Wackett (The Loadstar) – The box ship charter market is continuing its bull run, with daily hire rates in some sectors now “out of control”, according to Alphaliner. “Charter rates...

June 4, 2021
Total Views: 2985

Thursday, May 27, 2021
port of los angeles and long beach

U.S. Import Boom Hits New Heights with Little Signs of Letting Up

By Gavin van Marle (The Loadstar) – Congestion levels at the major North America container gateways are now expected to persist until the summer, as the consumer-driven import boom continues. April set...

May 27, 2021
Total Views: 1621

Wednesday, May 26, 2021
ever given salvage

Suez Canal Chairman Hits Back Over Ever Given Blame

By Gavin van Marle (The Loadstar) – Suez Canal Authority (SCA) chairman Osama Rabie has defended the handling of the Ever Given grounding and revealed there had been a death during the operation to free...

May 26, 2021
Total Views: 8423

Thursday, May 20, 2021
zim containership

ZIM Rides Rising Tide to Record Quarterly Profit

By Gavin van Marle (The Loadstar) Israeli container shipping carrier Zim, recently listed on the New York Stock Exchange, rewarded investors yesterday, reporting first-quarter results that were among some of the best...

May 20, 2021
Total Views: 1203

Wednesday, May 19, 2021
port of los angeles-long beach

Forecast Warns Link Between Container Traffic and Global Economic Growth Could Decline in Recovery

By Gavin van Marle (The Loadstar) – As economies continue to rebound, global container trade is expected to grow by 5.8% this year, according to a forecast today from Alphaliner. Recently, the...

May 19, 2021
Total Views: 2837

Monday, May 17, 2021
ONE Container ship

Return of Blanked Asia-Europe Sailings as Carriers Bid to Get Back on Schedule

By Gavin van Marle (The Loadstar) – The spectre of blank sailings may be about to return to haunt shippers and forwarders on the Asia-Europe trades, as carrier begin to cancel departures...

May 17, 2021
Total Views: 1618

Thursday, May 13, 2021

Containership Time-Charters Break New Records

By Mike Wackett (The Loadstar) – Four-year-plus charter deals are becoming the norm as shipowners ratchet up the pressure on liner companies. As their confidence of the sustainability of currently elevated freight...

May 13, 2021
Total Views: 3108

Tuesday, May 11, 2021

Another ‘New Normal’ as Container Rollover Rates Increase

By Gavin van Marle (The Loadstar) – The number of container rollovers at major box ports continued to climb last month, affecting some 39% of all shipments, according to new data from...

May 11, 2021
Total Views: 7111

Monday, May 10, 2021
container ship at sea

Containerships Increasing Speeds as Rates Continue to Climb

By Mike Wackett (The Loadstar) – A new survey by VesselsValue has found a “significant increase” in the average speed of containerships. The maritime valuation and market intelligence service said average laden containership...

May 10, 2021
Total Views: 9090

Friday, May 7, 2021
brexit port

Shippers Compete for Space as Container Freight Rates Continue Rise

By Mike Wackett (The Loadstar) – Shippers from Asia to Europe saw a further spike in container spot rates this week, particularly for Mediterranean ports. And ocean carriers are said to be...

May 7, 2021
Total Views: 6101

Thursday, May 6, 2021
shipping container

Shippers Brace for Two More Years of Freight Rate Pain

By Mike Wackett (The Loadstar) – Shippers must brace themselves for at least two more years of elevated freight rates and tight supply, according to Drewry. The maritime consultant predicts average rates...

May 6, 2021
Total Views: 4321

Friday, April 30, 2021
shipping container

Freight Rate ‘Contagion’ Could Bring a Two-year ‘Profit Bonanza’ for Ocean Carriers

By Mike Wackett (The Loadstar) – Shippers are bracing for a further broadside of rate increases in June across multiple trades, as ocean carriers beef up profits ahead of the peak season....

April 30, 2021
Total Views: 4706

Monday, April 26, 2021
Hugh K. Leatherman Terminal

ILA Union Lawsuit Claims Breach of Master Contract at New U.S. Terminal

By Gavin van Marle (The Loadstar) – The US east coast is set for another bruising encounter between a dockworker union, shipping line and terminal operators. The International Longshoremen’s Association (ILA) has...

April 26, 2021
Total Views: 3944

Friday, April 23, 2021

Container Lines Firmly in Control as Market Stays Red Hot

By Mike Wackett (The Loadstar) – Container freight indices are on the rise again, but even at their highly elevated levels they mask the true cost of shipping. For example, the Freightos...

April 23, 2021
Total Views: 10532