The Loadstar

By Mike Wackett (The Loadstar) – A perfect storm of radical capacity cuts by carriers and US president Donald Trump’s threat to hike tariffs on

By Alexander Whiteman (The Loadstar) As the IMO’s sub-committee on Carriage of Cargoes and Containers meets in London this week, TT Club is demanding urgent

By Mike Wackett (The Loadstar) – North European trade growth for the year has been revised from 3.4% to 2.2%, according to August’s Global Port

By Mike Wackett (TheLoadstar) Container spot rates on the transpacific have continued to soar as shippers scramble for space to beat 1 September US import

by Alexander Whiteman (TheLoadstar) CMA CGM heaped further misery on the port of Felixstowe this week by announcing it would withdraw one of its

By Mike Wackett (TheLoadstar) DP World’s planned acquisition of European shortsea container line Unifeeder took the industry by surprise when the deal was

By Alexander Whiteman (The Loadstar) – The port of Hamburg is continuing to lose ground to its North European container competitors, with another

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,