The Loadstar

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Friday, June 30, 2023
MSC Lead Transpacific Capacity Exodus as ZIM Bucks the Trend
Shipping

MSC Lead Transpacific Capacity Exodus as ZIM Bucks the Trend

By Alex Lennane (The Loadstar) – Ocean carriers have removed almost a quarter of their capacity from the transpacific tradelane in the past year as

June 30, 2023
Total Views: 5396

Thursday, June 29, 2023
port of los angeles and long beach
Shipping

Containership Charter Market Loses Steam as Carriers Look to Off-Hire Ships

By Mike Wackett (The Loadstar) – There are now clear signs that the weak demand for ocean freight is beginning to impact the hitherto insulated

June 29, 2023
Total Views: 2381

Friday, June 23, 2023
Liner Bear Market Looms as Rates Continue to Tumble
Shipping

Liner Bear Market Looms as Rates Continue to Tumble

By Mike Wackett (The Loadstar) – Maritime analysts are bearish on the outlook for liner shipping, as inventory de-stocking progress in the US and Europe

June 23, 2023
Total Views: 1094

Wednesday, June 21, 2023
Aerial top view of a ship at sea
Shipping

Survival of the Fittest for Shortsea Shipping Market

By Mike Wackett (The Loadstar) – Shortsea shipping lines in Northern Europe are facing a fight for survival as demand weakens and rates plummet. As in

June 21, 2023
Total Views: 2026

Monday, June 19, 2023
msc containership
Shipping

MSC is Bleeding the Charter Market Dry

By Mike Wackett (The Loadstar) – The containership charter market shows no sign of softening as it goes into the usually slack summer season, despite

June 19, 2023
Total Views: 7982

Friday, June 16, 2023
Rates Woes Continue for Carriers Amid Claims of Transatlantic Price-Dumping
Shipping

Rates Woes Continue for Carriers Amid Claims of Transatlantic Price-Dumping

By Mike Wackett (The Loadstar) – Asia-North European carriers are being obliged to discount rates at the time of year – the build-up to the peak

June 16, 2023
Total Views: 1982

Wednesday, June 7, 2023
Top Ocean Carriers Set Course for More Profitable Routes
Shipping

Top Ocean Carriers Set Course for More Profitable Routes

By Mike Wackett (The Loadstar) – Ocean carriers constantly reassess network coverage to cope with the impact of demand fluctuations but, post-pandemic,

June 7, 2023
Total Views: 1658

Friday, June 2, 2023
Aerial top view of a containership underway
Shipping

Long-Term Container Freight Rates ‘Collapse’, Says Xeneta

By Charlie Bartlett (The Loadstar) – June is bearing few surprises for container shipping, with demand continuing its inexorable downward correction. In

June 2, 2023
Total Views: 4816

Friday, May 26, 2023
Aerial top view of a containership at port
Shipping

Peak Season Hope Fades as Container Freight Rates Slip Again

By Mike Wackett (The Loadstar) – The prospect of a traditional peak season is slipping away with each week that passes and ocean carriers are as yet

May 26, 2023
Total Views: 3556

Tuesday, May 23, 2023
expanded panama canal
Shipping

Panama Canal Draft Restrictions Could Halt Coastal Shift

By Mike Wackett (The Loadstar) – The Panama Canal Authority (ACP) is to further reduce the maximum draft allowed for vessels transiting the waterway

May 23, 2023
Total Views: 4769

Wednesday, May 17, 2023
MSC and CMA CGM Out in Front in Box Fleet-Building Race
Shipping

MSC and CMA CGM Out in Front in Box Fleet-Building Race

By Mike Wackett (The Loadstar) – MSC’s phenomenal growth over the past two years has largely been driven by acquisition of second-hand containerships,

May 17, 2023
Total Views: 3123

Friday, May 12, 2023
2M Adding Capacity to Reduce Speed on Asia-Europe Network
Shipping

2M Adding Capacity to Reduce Speed on Asia-Europe Network

By Mike Wackett (The Loadstar) – Next month, 2M partners MSC and Maersk will deploy nine extra vessels on their Asia-Europe services, an injection of

May 12, 2023
Total Views: 1483

Wednesday, May 10, 2023
Vytautas Kielaitis / Shutterstock.com
Shipping

Alliance Rivals Ready to Cash In if 2M Divorce Gets Messy

By Mike Wackett (The Loadstar) – THE Alliance and Ocean Alliance vessel-sharing partners are taking full advantage of the 2M’s potentially messy

May 10, 2023
Total Views: 1394

Friday, May 5, 2023
containership
Shipping

With Rates Under Pressure, Ocean Carriers Struggle to Hold Transpacific GRIs

By Mike Wackett (The Loadstar) – The transpacific mid-April GRIs (General Rate Increase) imposed by carriers, ahead of the finalisation of annual

May 5, 2023
Total Views: 1500

Tuesday, May 2, 2023
Bankrupt Bed Bath & Beyond Files FMC Complaint Against OOCL
Shipping

Bankrupt Bed Bath & Beyond Files FMC Complaint Against OOCL

By Alex Lennane (The Loadstar) – US retailer Bed Bath & Beyond, which last week filed for bankruptcy protection, has filed a claim of $37.65m

May 2, 2023
Total Views: 2854

Friday, April 28, 2023
cargo ships loading at port of oakland
Shipping

Soft Demand Pushes Ocean Spot Rates to ‘Lowest Sustainable Level’

By Nick Savvides (The Loadstar) – Weak demand in the three major ocean trades, coupled with the expected flood of new tonnage, will feed declining

April 28, 2023
Total Views: 1359

Thursday, April 27, 2023
containership
Shipping

Can Slow Steaming Offset Container Shipping’s Capacity Problem?

By Nick Savvides (The Loadstar) – Any recovery in the container shipping market will be overwhelmed by the flood of new vessels entering the market,

April 27, 2023
Total Views: 2956

Thursday, April 20, 2023
A containership at the Port of Long Beach
Shipping

Glimmer of Hope for Transpacific Turnaround as Q1 Results Roll In

By Mike Wackett (The Loadstar) – The downturn on the transpacific, compared with the pandemic-driven boom of the past two years, is palpable as ocean

April 20, 2023
Total Views: 1216

Monday, April 17, 2023
cma cgm container ship
Shipping

Major Carriers Continue Hunt for Tonnage to Boost Market Share

By Mike Wackett (The Loadstar) – Led by MSC and CMA CGM, ocean carriers are again scouring the charter and sales and purchase markets for tonnage to

April 17, 2023
Total Views: 2092

Thursday, April 13, 2023
West Coast Labor Deal ‘Crucial’ as Container Demand Rebounds
Shipping

West Coast Labor Deal ‘Crucial’ as Container Demand Rebounds

By Mike Wackett (The Loadstar) – There are “bright skies ahead” at the port of Los Angeles, according to its executive director, Gene Seroka, given

April 13, 2023
Total Views: 3788
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