The Loadstar

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

By Mike Wackett (The Loadstar) – Cosco subsidiary Orient Overseas (International) Q2 figures from its container arm, OOCL, give an early indication of

By Mike Wackett (The Loadstar) – Ocean carriers have sucked dry the sale and purchase containership market, outbidding one another to acquire tonnage

By Mike Wackett (The Loadstar) – Ocean carriers could be on course to make a profit of $100bn this year. And Drewry says their medium-term

By Nick Savvides (The Loadstar) – A doubling of detention and demurrage charges (D&D) during the pandemic has resulted in complaints across the US,

By Mike Wackett (The Loadstar) – MSC is continuing its strategy of hoovering-up container tonnage on the second-hand market, acquiring more ships in

By Mike Wackett (The Loadstar) – Short-term freight rates from China to North Europe have breached the $20,000 per 40ft mark, while transpacific

By Mike Wackett (The Loadstar) Charterers are prepared to break the bank to fix container feeder tonnage and, according to one shipowner, the market could

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.

By Nick Savvides (The Loadstar) – Chronic congestion in Asia, particularly at Yantian, the US and Europe will force rates higher and will most likely

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

By Mike Wackett (The Loadstar) – The availability of containers at southern Chinese ports continues to deteriorate as carriers omit calls due to a wave

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

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

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

By Gavin van Marle (The Loadstar) – Congestion levels at the major North America container gateways are now expected to persist until the summer, as