Carriers Accused of ‘Using Pandemic to Boost Profits’ as Asia-Europe Rates Explode
By Mike Wackett (The Loadstar) – Container freight rates from Asia to Europe are going through the roof, mirroring the trend on the transpacific, with
The Loadstar is an independent, United Kingdom based, supply chain and logistics publication covering freight forwarding, air cargo, ocean shipping, ports, and international trade policy. gCaptain republishes select Loadstar coverage under content partnership terms when stories are materially relevant to maritime and offshore readers. Loadstar stories on gCaptain are clearly attributed and may be edited for house style, formatting, and headline clarity while preserving source reporting.
By Mike Wackett (The Loadstar) – Container freight rates from Asia to Europe are going through the roof, mirroring the trend on the transpacific, with
by Mike Wackett (TheLoadstar) Container shipments from Asia to the UK continue to be subject to “unprecedented” delays and significant additional costs.
By Mike Wackett (The Loadstar) – With freight rates soaring, ocean carriers are prepared to pay more than double previous daily hire rates for chartered
By Mike Wackett (The Loadstar) – With shippers facing skyrocketing container freight rates and premium fees across main and secondary trades, ocean
By Gavin van Marle (TheLoadstar) As CMA CGM’s IT engineers continue, for the fifth day, to try to restore its systems following a cyber-attack at the
By Gavin van Marle (The Loadstar) – The 2M is the latest container shipping alliance to return more capacity to the transpacific trades. 2M partners
By Gavin van Marle (The Loadstar) – US ocean regulator the Federal Maritime Commission (FMC) has fired a warning shot across the bows of container
By Mike Wackett (The Loadstar) Ocean carriers are scrambling to charter larger containerships to take advantage of skyrocketing freight rates caused by a spike
By Sam Whelan (TheLoadstar) Container shipping costs and service levels are at risk of spiralling out of control, according to Drewry. As well as a massive
By Mike Wackett (TheLoadstar) Despite the pandemic, the San Pedro Bay ports of Los Angeles and Long Beach saw strong container imports in July, with the
By Mike Wackett (The Loadstar) – Blanked sailings and network changes resulted in a mixed bag of throughput results at North Europe’s top two container
By Mike Wackett (The Loadstar) – Due to continued increased demand, THE Alliance is extending its Asia – North Europe ‘extra loader’ programme with
By Mike Wackett (The Loadstar) – Although now nearly a quarter of the world’s containership fleet by capacity is fitted with exhaust gas cleaning
By Mike Wackett (The Loadstar) – With the containership charter market in the doldrums, demolition sales have picked up, with reports of a number of
By Mike Wackett (The Loadstar) – After better-than-expected first-quarter results, ocean carriers have upgraded their financial guidance, despite the
By Mike Wackett (The Loadstar) – The Ocean Alliance has overtaken the 2M alliance, adding the market share lead on the Asia-Europe tradelane to its
By Mike Wackett (The Loadstar) – 2M partners Maersk and MSC have extended the suspension of their TA4/NEUATL4 transatlantic loop through to September.
By Mike Wackett (The Loadstar) – Ocean carrier optimism is being driven by higher freight rates and cheaper fuel – but tumbling charter hire costs are
By Mike Wackett (The Loadstar) – Notwithstanding a significant decline in container liftings as a consequence of the global pandemic, ocean carriers have
By Gavin van Marle (The Loadstar) – MSC is set to roll-out a customer carbon offsetting programme it has been trialling since last year. Since early
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