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
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) – 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
By Mike Wackett (The Loadstar) – As global freight rates continue to fall, container shipping lines are being hit by a huge spike in fuel costs. This
By Mike Wackett (The Loadstar) – Container spot indices are showing a sea of red ink this week, with short-term freight rates down on all the major
By Mike Wackett (The Loadstar) – The tenth London International Shipping Week (LISW) got under way yesterday with well-attended panel discussions at
By Mike Wackett (The Loadstar) – The world’s largest container line, MSC, is joining in an alliance with tenth-ranked Zim across “multiple trades”,
By Mike Wackett (The Loadstar) – The second-quarter results of the major container lines were significantly down from the year before, but nonetheless
By Mike Wackett (The Loadstar) – Ocean carriers are giving back their recent Asia-North Europe FAK rate increases via heavy discounts for October
By Mike Wackett (The Loadstar) – Container spot rates on the transatlantic came under renewed pressure this week, obliging ocean carriers to cut
By Mike Wackett (The Loadstar) – Mid-sized ocean carriers are losing money and the outlook is particularly bleak for the smaller lines, obliging them to
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