Friday, October 15, 2021
coffee beans

Shipping Disruptions Seen Keeping Coffee Prices High for Longer

By Marcelo Teixeira NEW YORK, Oct 15 (Reuters) – Disruptions to transportation of coffee around the world, caused by container shortages and port congestion, will likely keep coffee prices high...

4 mins ago
Total Views: 0


Rising Rates and Capacity Problems for Shippers Frustrated by Skipped Port Calls

By Mike Wackett (The Loadstar) – Container spot rates from Asia to the US have re-gained traction after China’s Golden Week holiday, while rates to Europe appear to have plateaued and could...

2 hours ago
Total Views: 227

Wednesday, October 13, 2021
Port of Savannah Garden City Terminal

Carriers Skip Congestion-Hit Port of Savannah

French shipping giant CMA CGM says it will suspend calls at the Port of Savannah on the U.S. East Coast due to severe congestion and long wait times. The announcement...

October 13, 2021
Total Views: 4955


Biden Confronts Supply Chain Crisis Largely Beyond His Grip

By Jennifer Epstein and Josh Wingrove (Bloomberg) — The Biden administration is trying to relieve supply chain bottlenecks ahead of the U.S. Christmas shopping season, but officials acknowledge their options are...

October 13, 2021
Total Views: 1910


Don’t Panic Buy Christmas, Britain Says Amid Choked Ports

By Sarah Young and Guy Faulconbridge LONDON, Oct 13 (Reuters) – Britain said on Wednesday that people should buy normally for Christmas and there would be no shortage of gifts,...

October 13, 2021
Total Views: 1390


Felixstowe Congestion Could Lead to $2 Billion of Stranded UK Imports, Says Report

By Charlie Bartlett, European Correspondent (The Loadstar) – Appraisals of the situation at Felixstowe conflicted today – a report warned that some $2bn of imports could be affected at the current rate...

October 13, 2021
Total Views: 820

port of los angeles

White House Outlines Efforts to Address Supply Chain Bottlenecks at Ports of Los Angeles and Long Beach – Fact Sheet

The Biden Administration is set to unveil plans to address bottlenecks at the Ports of Los Angeles and Long Beach. In a White House “Fact Sheet” published today ahead of...

October 13, 2021
Total Views: 980

Tuesday, October 12, 2021
Hugh K. Leatherman Terminal

Retail Imports Drive Record Volumes at Port of Charleston Container Terminals in September

South Carolina’s Port of Charleston seems to be handling the the retail imports surge in stride as it kicks off holiday shipping season with a bang. SC Ports reported 205,008...

October 12, 2021
Total Views: 786


Maersk Diverts Ships From Busy U.K. Ports Short on Truckers

By Brendan Murray and Siddharth Philip (Bloomberg) — A.P. Moller-Maersk A/S said it had to divert some ships from the U.K.’s largest container port because of congestion tied to a trucker...

October 12, 2021
Total Views: 2605

Sunday, October 10, 2021

Shipping Delays Throws Book Industry Into Nail Biting Chaos

By Gerry Smith and Augusta Saraiva (Bloomberg) –Starting in late August, five container ships left China carrying 65,000 copies of a monograph celebrating the career of filmmaker Spike Lee. They were headed for...

October 10, 2021
Total Views: 2899

Friday, October 8, 2021
CMA CGM mega-ship Marco Polo

Container Spot Rates Stay High in China’s Golden Week, But Some Bargains to Be Had

By Mike Wackett (The Loadstar) – China’s Golden Week holiday this month saw container spot rates from Asia to the US ease back, while short-term rates to Europe ticked up a few...

October 8, 2021
Total Views: 2047

containerships anchored off port of los angeles

Retail Imports Remain Near Records, But Could Be Higher Without Port Congestion, NRF Says

Imports through the nation’s top retail containers ports should remain at near-record levels this month, but could be even higher if not for port congestion, the National Retail Federation said...

October 8, 2021
Total Views: 445

Thursday, October 7, 2021

Forecasters See No Supply Chain Recovery Before End of Next Year

By Mike Wackett (The Loadstar) – Hopes of a return to some form of normality in global supply chains after Chinese New Year in February have been dashed by analysts. Both...

October 7, 2021
Total Views: 2000

Wednesday, October 6, 2021
hanjin ship

Container Shipping Market Is So Hot It’s Reviving Hanjin Heavy Industries

South Korean shipbuilder Hanjin Heavy Industries & Construction has announced its first commercial shipbuilding order in six years with an order for four 5,500 TEU containerships. The order comes on...

October 6, 2021
Total Views: 12128

Tuesday, October 5, 2021
general cargo bulk ship

Coca-Cola Turns to Bulkers Amid Container Shipping’s Chaos

The chaos in container shipping has forced some brands like Home Depot, Ikea and Costco to get creative with their supply chains. We can now add The Coca-Cola Company to...

October 5, 2021
Total Views: 19321

Monday, October 4, 2021
Port of Savannah Garden City Terminal

US East Coast Ports Backed Up as Congestion Spreads

By Ian Putzger in Toronto (The Loadstar) – Persistent and mounting congestion at US west coast ports has caused some shippers to seek the sanctuary of the east coast to speed cargo...

October 4, 2021
Total Views: 3473


Seaspan Takes Delivery of First of 70 Newbuild Containerships

Containership leasing company Seaspan Corporation has announced the delivery of its first newbuild containership as part of its massive 70-ship-strong orderbook. The new vessel, a one 12,200 TEU containership, is...

October 4, 2021
Total Views: 2334

Thursday, September 30, 2021
brussels express lng ship converstion

Hapag-Lloyd CEO Says Shipping Still in the Thick of Supply Chain Disruptions

FRANKFURT, Sept 30 (Reuters) – Global container shipping problems related to post-COVID 19 logistics problems have intensified in the third quarter and show no sign of letting up, the world’s number five...

September 30, 2021
Total Views: 1056

Wednesday, September 29, 2021
containerships anchored off port of los angeles

Central Bankers Chime In on Supply Chain: Problems Getting Worse, Not Better

By Balazs Koranyi and Francesco Canepa FRANKFURT, Sept 29 (Reuters) – Supply constraints thwarting global economic growth could still get worse, keeping inflation elevated longer, even if the current spike...

September 29, 2021
Total Views: 1749

crane loading container

Canadian Pension Fund to Acquire Ports America, North America’s Largest Marine Terminal Operator

Canadian pension fund CPP Investments will acquire 100% ownership of Ports America from Oaktree Capital Management at a reported valuation of more than $4 billion. Jersey City, New Jersey-based Ports...

September 29, 2021
Total Views: 2505