The Loadstar

By Gavin van Marle (TheLoadstar) Shippers would prefer to be treated by container lines as partners rather than customers, according to a new survey. Shippers

By Mike Wackett (The Loadstar) – The recent recovery in the containership charter market has come too late to save panamax shipowner Rickmers Maritime

By Gavin van Marle & Mike Wackett (The Loadstar) – As the new alliance structure prepares to get underway tomorrow, with the Ocean and THE alliances

By Mike Wackett (The Loadstar) – Taiwanese ocean carrier Yang Ming has added a 2016 US$492m loss to the net deficit of $258m the previous year. Revenue

By Mike Wackett (The Loadstar) – Hapag-Lloyd recorded a profit of $46m in the final three months of 2016– a recovery too little too late to prevent the

By Mike Wackett (The Loadstar) – The delay in the merger between Hapag-Lloyd and UASC is due to some of the Gulf carrier’s creditor banks “seeking

By Mike Wackett (TheLoadstar) Brokers are reporting good news for embattled containership owners this week in the container charter market, with a big rise in

By Mike Wackett (The Loadstar) – The eastbound capacity crunch hitting shippers to Asia is not temporary, but the beginning of a more permanent shift in

By Mike Wackett (The Loadstar) – THE Alliance is to set up an independently managed trust fund to safeguard cargo operations should one of its liner

By Mike Wackett (The Loadstar) – After a short block on bookings this week, Maersk Line is again accepting cargo from North Europe to Asia. However the

By Gavin van Marle in Long Beach (The Loadstar) – The entire shipping industry – carriers and their customers and suppliers – need to come together

By Mike Wackett (The Loadstar) – Container lines should follow the example of Maersk Line and negotiate deferring new vessel deliveries. Analyst Drewry

By Mike Wackett (The Loadstar) – A sharp increase in steel prices has prompted a new wave of vessel scrapping, bringing the supply-demand ratio in

By Mike Wackett (The Loadstar) – Beleaguered panamax containership owner Rickmers Maritime Trust (RMT) has pleaded with its creditors for help to

CMA CGM has followed Maersk’s lead, signing a memorandum of understanding (MoU) with the world’s largest e-commerce platform Alibaba. The agreement is for

By Mike Wackett  (The Loadstar) – Ahead of the Maersk Group 2016 annual report due on Wednesday, analyst Jefferies has predicted a substantial

By Sam Whelan, Australia-based China Sea Rates has launched the world’s first plug-and-play, door-to-door ocean freight booking system for e-commerce

By Gavin van Marle (The Loadstar) – At least 100 panamax-class containerships need to be scrapped if owners are to see charter rates return to break-even

By Gavin van Marle (The Loadstar) – As debt claims against bankrupt South Korean carrier Hanjin Shipping continue to mount in both the US and South

By Mike Wackett (The Loadstar) – Port and terminal consolidation is the “only long-term answer” to mitigate the impact of fewer calls of ultra large