Containership Scrapping Ramps Up as Panamax Values Continue in the Doldrums
By Mike Wackett (The Loadstar) – Two hundred and one containerships and just under 700,000 container slots have been scrapped this year. According to
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) – Two hundred and one containerships and just under 700,000 container slots have been scrapped this year. According to
By Alexander Whiteman (The Loadstar) – Six months after the implementation of verified gross mass (VGM) requirements, traditional anxieties in the
By Mike Wackett (The Loadstar) – News that their cargo may be loaded onto Hyundai Merchant Marine (HMM) vessels has angered customers of the 2M Alliance.
By Alex Lennane (The Loadstar) – Cyber crime is likely to delay the introduction of autonomous ships for several years – and it could pose a
By Alex Lennane in Dubai (The Loadstar) – The next big losers in the shipping industry crisis are likely to be ports and terminals, leading to a decline
By Mike Wackett (The Loadstar) – Three months after the collapse of Hanjin Shipping, hundreds of shippers have still not received their cargo, even
By Mike Wackett (The Loadstar) – In the wake of the Hanjin bankruptcy, THE Alliance has devised a “catastrophic instrument” funding mechanism, to be
By Mike Wackett (TheLoadstar) Dockworkers are planning a “noisy and active” protest outside the Aarhus headquarters of Europe’s largest
By Mike Wackett (The Loadstar) – Shipping circles in Hamburg are abuzz with speculation that the Oetker family will announce this week that it intends to
By Mike Wackett (TheLoadstar) The Asia-Mediterranean trade is still “over-tonnaged”, with headhaul ship utilisation below other major east–west markets,
By Gavin van Marle (The Loadstar) – Troubled non-operating container shipowner Rickmers Maritime Trust today denied it had scrapped a seven-year-old
By Mike Wackett (The Loadstar) – Hyundai Merchant Marine (HMM) may have to settle for a slot exchange agreement with 2M partners Maersk Line and
By Mike Wackett (The Loadstar) – CMA CGM reported a $268m net loss in the third quarter, despite efforts to focus on higher-paying cargo, bringing the
By Alexander Whiteman in Rotterdam (The Loadstar) – Repositioning empty containers costs the shipping industry $15-$20bn a year – up to 8% of a
By Alex Whiteman (The Loadstar) – Leading engine manufacturer Wärtsilä has disputed claims that using LNG (liquefied natural gas) would result in zero
By Mike Wackett (The Loadstar) – Maersk Line’s 11 second generation Triple-E class vessels, due to be delivered from April next year through to May
By Mike Wackett (The Loadstar). – THE Alliance – Hapag-Lloyd, K Line, MOL, NYK and Yang Ming – have announced their pro-forma east-west tradelane
By Mike Wackett (The Loadstar) – The Ocean Alliance, which next April will be the biggest of the three vessel-sharing alliances, has published its
By Mike Wackett, (The Loadstar) – Maersk Line remained in the red in the third quarter, today reporting a net loss of $116m on the back of a 16%
By Sam Whelan (TheLoadstar) After the supply chain havoc caused by Hanjin Shipping’s collapse, and with an alliance reshuffle on the horizon, should
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