The Loadstar

By Mike Wackett (The Loadstar) – Just halfway through the Q2 reporting period, some $650m of red ink has been reported by ocean carriers to add to their

By Mike Wackett (The Loadstar) – Alphaliner’s bellwether containership idle tonnage data has recorded a big spike in vessels being consigned to

By Mike Wackett (The Loadstar) – Orient Overseas International (OOIL) suffered a loss of $73m in its OOCL container business in the first six months

By Mike Wackett (The Loadstar) – Non-operating owners of ageing gas-guzzling small containerships are likely to renew their interest in scrapping as the

By Gavin van Marle (The Loadstar) – “Cautious investor sentiment towards greenfield container terminal projects” could lead to steeply

By Mike Wackett (The Loadstar) – A steel cutting ceremony took place in China last week on the hulls of the first two ships of CMA CGM’s order for

By Alexander Whiteman (The Loadstar) – Ocean Network Express (ONE) recorded losses of $120m in its inaugural trading quarter, blaming its “clumsy”

By Alexander Whiteman (The Loadstar) – Oversupply of shipping capacity rather than trade wars caused the recent rationalisation in transpacific and

By Gavin van Marle (The Loadstar) – Container shipping lines on the transpacific trade this week continued to announce capacity cuts in response to the

By Mike Wackett (The Loadstar) – One of Hapag-Lloyd’s largest shareholders has brushed off an approach by CMA CGM for merger talks. Any such deal

By Mike Wackett (TheLoadstar) A leading shipping analyst has drastically cut its 2018 ocean carrier profitability forecast from $5bn to “breakeven at

by Alexander Whiteman (TheLoadstar) The UK’s major container gateway of Felixstowe is expected to continue experiencing severe congestion after the troubled

By Mike Wackett (The Loadstar) – COSCO’s $6.3bn takeover of Orient Overseas International (OOIL), parent of container line OOCL, is now in doubt,

By Mike Wackett (The Loadstar) – Less than 18 months before the IMO’s 0.5% sulphur cap regulations come into force for merchant shipping, container

By Sam Whelan, Asia correspondent (The Loadstar) – Port operations in South-east Asia have come under increasing pressure from a build-up in scrap

By Alexander Whiteman (The Loadstar) – Shippers are breathing a sigh of relief after US east and Gulf coast dock workers reached “tentative”

By Mike Wackett (The Loadstar) – In the face of increasing anger from shippers over emergency bunker surcharges, shipping consultant Drewry too has

By Alexander Whiteman (The Loadstar) – Shipper hopes that carriers will not impose fuel surcharges have been shot down as Maersk and CMA CGM became

By Mike Wackett (The Loadstar) – Although the fire-ravaged Maersk Honam is due to berth at Jebel Ali today, the discharge of its undamaged containers is

By Gavin van Marle (The Loadstar) – Shippers with cargo aboard the fire-stricken Maersk Honam will have to stump up over half its value if it is to be