The Loadstar

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

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

By Martina Li in Taiwan (The Loadstar) – More than half HMM’s 600-strong seafarer workforce have quit following management refusal to meet

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

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

By Mike Wackett (The Loadstar) – Orient Overseas (International) (OOIL), parent company of OOCL, has posted a net profit of $2.8bn for the

By Nick Savvides (The Loadstar) – One of the world’s largest shippers, Walmart in the US, says it has chartered vessels to meet demand for

By Mike Wackett (The Loadstar) – Alliance networks operating between Asia and North Europe are experiencing delays of up to a month due to worsening

By Nick Savvides (The Loadstar) – Today, AIS data from VesselsValue shows around 50 containerships at anchor near Ningbo-Zhoushan Port, where

By Mike Wackett (The Loadstar) – HMM posted a net profit of $310m for the first six months of the year, but its bottom-line result would have been

By Sam Whelan (The Loadstar) – One of Ningbo’s container terminals has closed due to a positive Covid test, sparking fears of a Yantian-style

By Nick Savvides (The Loadstar) – Growing congestion fears in Asia are being matched by an apparent resurgence of delays at US west coast

By Nick Savvides (The Loadstar) – Members of the Intergovernmental Panel on Climate Change (IPCC), a body of scientists and others from 195 countries,

By Nick Savvides (The Loadstar) – Switzerland-based carrier MSC has roundly rejected complaints made by Pennsylvania home décor supplier MCS

By Nick Savvides (The Loadstar) Following its formal complaint to the Federal Maritime Commission(FMC) last week, Pennsylvania home décor firm MCS

By Mike Wackett (The Loadstar) – With the exception of a few containership owners that are enjoying eye-watering short-term charters, most

By Mike Wackett (The Loadstar) – The bleak outlook of significantly lower throughput levels for container hub ports at the outset of the pandemic has,

By Mike Wackett (The Loadstar) – Despite a 30% spike in prices for scrap, just 1,300 teu of cellular tonnage was sold for demolition in the past 60

By Nick Savvides (The Loadstar) – Maersk is redesigning its network in west and central Asia to “improve [cargo] speed to market”. The aim is to

By Mike Wackett (The Loadstar) – Antwerp is the latest North European box port to suffer from the knock-on effect of terminal and quay congestion, with