Monday, January 24, 2022

OOCL’s ‘Supercharged’ Earnings Tempered By Falling Volumes

By Gavin van Marle (The Loadstar) – Huge increases in freight rates last year are likely to lead to container carriers reporting record fourth-quarter

18 hours ago
Total Views: 893


Florida Ports: A Sunny View of The Container Trades

Sometime around early October, the ports in Florida, spearheaded by a reinvigorated Florida Ports Council (FPC), began strutting their stuff- encouraging cargo

20 hours ago
Total Views: 1324

Friday, January 21, 2022

Asia-US West Coast Spot Rates Spike Ahead of Chinese New Year

By Mike Wackett (The Loadstar) – Container spot rates from Asia to the US west coast spiked this week, ahead of the Chinese New Year holiday on 1

January 21, 2022
Total Views: 1055

Thursday, January 20, 2022
cosco containership

China’s COSCO Pays Huge Bonuses 30 Times Worker’s Salary Amid Container Shipping Boom

By Ann Koh (Bloomberg) — Asian shipping companies are offering mega bonuses to employees amid a boom in freight rates, with China’s state-owned

January 20, 2022
Total Views: 16488

Wednesday, January 19, 2022

Stage Set for 2022: Wall Street Shipping Analysts Very Bullish On Box Sector

Equity analysts covering maritime companies can offer detailed analytics into individual company historical performance and future prospects, but can also

January 19, 2022
Total Views: 1257

Tuesday, January 18, 2022
zim containership

ZIM Charters More LNG-Powered Newbuild Containerships

Israeli containership operator ZIM Integrated Shipping Services (NYSE: ZIM) has announced new eight-year charter agreements for three 7,000 TEU containerships

January 18, 2022
Total Views: 1721

container shipping

Containership Owner and Operator Danaos Books Multi-Year Charters, Vessel Sales Worth $1 Billion

Athens-based containership owner and operator Danaos Corporation (NYSE: DAC) has announced entering into new multi-year charter agreements for 11 of its vessel

January 18, 2022
Total Views: 3046


Supply Chain Chaos Helped Ocean Carriers Reap $150 Billion in 2021. Economists Warn It’s Helping Stoke Inflation

By Lauren Etter and Brendan Murray (Bloomberg) — Ocean shipping rates are expected to stay elevated well into 2022, setting up another year of

January 18, 2022
Total Views: 3982

Monday, January 17, 2022

Surging Global Demand Drives China’s Trade Surplus to New Record in 2021

By Bloomberg News (Bloomberg) — China’s record-breaking export strength continued into December, pushing the annual trade surplus to a new high and

January 17, 2022
Total Views: 824

Friday, January 14, 2022

U.S. Holiday Sales Endure Supply Chain Snags

Jan 14 (Reuters) – U.S. holiday sales in 2021 came in at a better-than-expected $886.7 billion, boosted by customers returning to stores and splurging

January 14, 2022
Total Views: 467

APM terminals los angeles

Maersk Q4 Beats Expectations as Freight Rates Jump 80%

A.P. Moller – Maersk says preliminary results for the fourth quarter of 2021 beat expectations. Revenue during the final three months of last year came

January 14, 2022
Total Views: 2092

Thursday, January 13, 2022
rickmers maritime

Older Containerships Enjoying Busy Year Ahead of New Emission Rules

By Mike Wackett (The Loadstar) – Continued strong demand for container tonnage has resulted in many sizes now being totally ‘sold out’ and their

January 13, 2022
Total Views: 2943

angshan Deep-Water Port

Shipping Congestion Growing at World’s Biggest Port

By Ann Koh (Bloomberg) — Ships looking to avoid Covid-induced delays in China are making a beeline for Shanghai, causing growing congestion at the

January 13, 2022
Total Views: 3335

Wednesday, January 12, 2022

Supply Chain Chaos Spurs New ETF to Ride Shipping Boom

By Emily Graffeo (Bloomberg) — ProShares is preparing a new ETF to exploit chaos across global supply chains even as bottlenecks show signs of easing

January 12, 2022
Total Views: 1335


Maersk Advances Decarbonization Target By A Full Decade

By Stine Jacobsen (Reuters) – Container shipping giant A.P. Moller-Maersk now plans to achieve net zero emissions in its business by 2040, a decade

January 12, 2022
Total Views: 1442

Friday, January 7, 2022
container ship at sea

Shippers Wrangle With Decision to Play Spot Market or Go Fixed-Rate

By Mike Wackett (The Loadstar) – Volume shippers offered new long-term fixed-rate contracts by container lines are, nevertheless, still keen to keep a

January 7, 2022
Total Views: 835

Thursday, January 6, 2022

SM Line Containership Could Be Docked at Canadian Cruise Terminal For ‘Weeks’ After Breakdown

A South Korean containership could be docked at the cruise terminal in Victoria, British Columbia for “several weeks” after breaking down off the

January 6, 2022
Total Views: 14842


Does Size Matter? MSC and Maersk Shrug Off Capacity Ranking

by Jacob Gronholt-Pedersen (Reuters) Swiss-based container group MSC has overtaken Denmark’s Maersk as the world’s biggest shipper, the company

January 6, 2022
Total Views: 2047

Wednesday, January 5, 2022

British Freight Lobby Calls for Investigation Into Container Shipping ‘Profiteering’

By Charlotte Ryan (Bloomberg) — The British International Freight Association is calling on the U.K. government to investigate the state of competition

January 5, 2022
Total Views: 2470

cargo ships loading at port of oakland

FMC Stepping Up Its Scrutiny of Liner Shipping

U.S. Federal Maritime Commission issues Orders of Investigation into ONE and Wan Hai Lines By Barry Parker In the wake of 2021’s tumultuous supply chain

January 5, 2022
Total Views: 1810