The Loadstar

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

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

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

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

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

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

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

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

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

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

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

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

By Mike Wackett (The Loadstar) – Yang Ming has sub-let one of the quintet of 12,690 teu vessels it took on a 10-year charter in 2020-21 to rival ocean

By Charlie Bartlett (The Loadstar) – Ocean Network Express (ONE) has been named by Xeneta as the most carbon-efficient carrier this year – and

By Alexander Whiteman (The Loadstar) – The European Commission’s decision not to renew the Consortia Block Exemption Regulation (CBER) after more

By Mike Wackett (The Loadstar) – Asia-North Europe carriers took advantage of the Chinese national holiday this week to announce new headhaul FAK rates,

By Mike Wackett (The Loadstar) – Following Hapag-Lloyd’s announcement on Monday of a huge hike in its Asia-Europe FAK rates, CMA CGM has advised

By Charlotte Goldstone (The Loadstar) – The US Federal Maritime Commission has dismissed the latest case against the world’s largest container line,

By Gavin van Marle (The Loadstar) – The huge trade imbalance between China and Russia since the invasion of Ukraine has led to some 150,000 teu of empty

By Mike Wackett – Container spot rates from China to North Europe are in freefall with average rates dipping below $1,000 per 40ft this week having lost