The Loadstar

By Alexander Whiteman (The Loadstar) – Marshall Islands environment minister David Paul has urged the International Maritime Organization (IMO) to

By Mike Wackett (TheLoadstar) A month after the blaze that claimed the lives of five seafarers on the 15,262 teu Maersk Honam, cargo owners still have no idea

By Mike Wackett (The Loadstar) – COSCO Shipping posted a net profit of $264m in 2017, reversing a loss of $1.1bn in the previous year, as it targets a

By Mike Wackett (The Loadstar) – Container spot rates from Asia to Europe and from Asia to the US west coast are around 30% lower than 12 months

By Mike Wackett (The Loadstar) – Containership charter rates are at a 30-month high on the back of strong demand, and Alphaliner is predicting an

By Mike Wackett (The Loadstar) – Within two years it will be illegal to power a ship with fuel having more than 0.5% sulphur content, unless the

By Mike Wackett (The Loadstar) – With Hyundai Merchant Marine (HMM) about to launch an Asia-North Europe service deploying panamax-size vessels, maritime

By Mike Wackett (The Loadstar) Maersk Line has confirmed the “most likely” port of refuge for the fire-damaged Maersk Honam as Jebel Ali, Dubai –

By Mike Wackett (The Loadstar) – Another South Korean shipping line under financial pressure has had to write to customers to dispel market rumors of a

By Gavin van Marle (The Loadstar) – 2M alliance partners Maersk Line and MSC will launch a revamped Asia-Europe and Asia-Mediterranean network in May

By Mike Wackett (The Loadstar) – The insurance industry is bracing itself for hundreds of millions of dollars of claims from the biggest container

By Gavin van Marle in Long Beach (The Loadstar) – The risk posed by Donald Trump’s appetite for a trade war with China could derail what promises to be

By Gavin van Marle (The Loadstar) – As shippers and carriers on the transpacific prepare for the annual contract negotiating season – which kicks

By Mike Wackett (The Loadstar) – Hyundai Merchant Marine’s long-term aspiration to become a “leading global carrier” with a market share of 5% is a

By Mike Wackett (The Loadstar) – Already facing higher fuel costs, ocean carriers could now be hit by a rise in charter hire rates. Container

By Mike Wackett (The Loadstar) – Hyundai Merchant Marine (HMM) slumped to a KRW1.2trn ($1.1bn) net loss in 2017. And this follows a KRW484bn loss the

By Mike Wackett (The Loadstar) – A new report estimates that over the past 21 years the container industry has “destroyed” about $110bn of

By Mike Wackett (The Loadstar) – Alphaliner’s analysis of Ocean Network Express’s Day ONE service network from April 1 – outside THE Alliance

By Mike Wackett (The Loadstar) – Container lines are estimated to have made an accumulated profit of $7bn last year and, according to Drewry, should

By Gavin van Marle (The Loadstar) – Container shipping could see the first widespread use of a cryptocurrency this week. Hong Kong-based blockchain