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The Loadstar

The Loadstar is fast becoming known at the highest levels of logistics and supply chain management as one of the best sources of influential analysis and commentary.


Monday, January 22, 2024
Shipping

Carriers Seek Balance of Speed and Cost to Mitigate Suez Canal Diversions

By Mike Wackett (The Loadstar) – As long as they are able to obtain premium rates, ocean carriers could decide to increase the service speed of their

January 22, 2024
Total Views: 2521

Thursday, January 18, 2024
Shipping

Gemini Partners Maersk and Hapag-Lloyd Opt for ‘Hub & Spoke’ Operation

By Mike Wackett (The Loadstar) – The liner industry’s new vessel-sharing alliance, the Gemini Cooperation, will buck the recent trend of direct port

January 18, 2024
Total Views: 3980

Wednesday, January 10, 2024
Shipping

Red Sea Reroutings Mask Container Shipping’s Capacity Problem

By Mike Wackett (The Loadstar) – The Red Sea crisis, driving extended voyage times around Africa, is creating simulated cargo demand and masking the

January 10, 2024
Total Views: 5709

Friday, December 22, 2023
Shipping

Extended Detours: Maersk Reroutes Services Around Cape of Good Hope

By Gavin van Marle (The Loadstar) – Shippers and consignees whose shipments are traditionally routed through the Suez Canal can expect longer transit

December 22, 2023
Total Views: 2983

Tuesday, December 19, 2023
Shipping

Carriers Roll Out Peak Season Surcharges as Capacity Crunch Looms

By Mike Wackett (The Loadstar) – Ocean carriers are imposing emergency peak season surcharges (PSSs) as global supply chains face weeks of disruption

December 19, 2023
Total Views: 1647

Tuesday, December 12, 2023
Shipping

New Year Demand Has Ocean Carriers Returning to Charter Market

By Mike Wackett (The Loadstar) – Better than expected forward demand prospects across major and secondary tradelanes is encouraging ocean carriers back

December 12, 2023
Total Views: 1849

Friday, December 8, 2023
Shipping

Carriers Pushing Rate Hikes Ahead of Likely Service Suspensions

By Mike Wackett (The Loadstar) – Asia-Europe ocean carriers are making one final attempt to hike rates on the troubled tradelane next year. Hapag-Lloyd

December 8, 2023
Total Views: 2556

Friday, December 1, 2023
Shipping

Failure of Rate Increases Points to Tough Times Ahead for Ocean Carriers

By Mike Wackett (The Loadstar) – Notwithstanding three attempts at GRIs (general rate increases) in 45 days, Asia-North Europe container spot rates have

December 1, 2023
Total Views: 1047

Tuesday, November 28, 2023
Aerial view of containerships at the port of Southampton
Shipping

Fleet-Heavy Ocean Carriers Also Stuck With too Many Containers

By Mike Wackett (The Loadstar)- Not only do ocean carriers have too many ships, they also have too many containers to fill vessels that are being deployed. In

November 28, 2023
Total Views: 4986

Friday, November 24, 2023
Shipping

MSC Slaps Surcharge on Boxes Through Restricted Panama Canal

By Alexander Whiteman (The Loadstar) – MSC has slapped a bumper $297 per teu surcharge on shipments transiting the Panama Canal in response to the

November 24, 2023
Total Views: 3187

Tuesday, November 21, 2023
Shipping

More Surcharges Loom as Panama Canal Restrictions Tighten

By Gavin van Marle (The Loadstar) – French carrier CMA CGM is set to become the first major carrier to apply a new surcharge on shipments transiting the

November 21, 2023
Total Views: 6699

Friday, November 17, 2023
Shipping

Carriers Struggle to Uphold Rate Increases as Spot Rally Fades

By Mike Wackett (The Loadstar) – After recording gains across the board last week, the container spot market indices are back to flashing red for the

November 17, 2023
Total Views: 969

Wednesday, November 15, 2023
Shipping

Danaos Navigates Market Uncertainty with Strong Q3 Profits

By Mike Wackett (The Loadstar) – Greece-based non-operating containership owner (NOO) Danaos recorded another strong result in the third quarter,

November 15, 2023
Total Views: 615

Friday, November 10, 2023
Shipping

Ocean Carriers’ Race to the Bottom Hits Earnings

By Alexander Whiteman (The Loadstar) – Carriers are themselves driving the rates ‘race to the bottom’ they warned would lead to a “dire

November 10, 2023
Total Views: 7708

Thursday, November 9, 2023
The CMA CGM Marco Polo, an Explorer class container ship crosses under the Verrazzano-Narrows Bridge, to enter New York Harbor as seen from Brooklyn, New York, U.S., May 20, 2021. REUTERS/Brendan McDermid/File Photo
Shipping

Strike Threat Looms Over US East and Gulf Coast Ports in 2024

By Ian Putzger (The Loadstar) – Even before contract negotiations get underway, the threat of a strike shutting down US ports on the east and Gulf coasts

November 9, 2023
Total Views: 3307

Thursday, November 2, 2023
Shipping

Carriers’ Failure to Boost Spot Prices Could Threaten Contract Rates

By Mike Wackett (The Loadstar) – Ocean carriers aim to have at least 50% of their business fixed by way of annual contracts, which are generally agreed

November 2, 2023
Total Views: 1085

Monday, October 30, 2023
Shipping

Westbound Transatlantic ‘A Total Disaster’

By Mike Wackett (The Loadstar) – According to CMA CGM, westbound transatlantic ocean rates have now hit “unsustainable levels”. The French carrier

October 30, 2023
Total Views: 13668

Friday, October 27, 2023
Shipping

Ocean Carriers’ Hopes for Rate Hike Dampened as Spot Rates Spiral

By Mike Wackett (The Loadstar) – Drewry’s WCI container spot rate index was a sea of red ink again this week, ahead of a planned wave of ocean carrier

October 27, 2023
Total Views: 1472

Thursday, October 26, 2023
Shipping

Transpacific Container Volumes Bounce Back

By Mike Wackett (The Loadstar) – US domestic and transpacific carrier Matson has reported “solid freight demand, despite the muted peak season” in

October 26, 2023
Total Views: 1913

Monday, October 23, 2023
Maersk ship entering the Port of Rotterdam. Photo: Shutterstock
Shipping

Ocean Carriers Await Relief as Demand Improves on Key Tradelane

By Mike Wackett (The Loadstar) – There is welcome news for Asia-North Europe carriers, with signs of improving demand on the troubled tradelane as

October 23, 2023
Total Views: 1978
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