container shipping

Thursday, January 26, 2023
Statue of Liberty overlooking Port of New York and New Jersey

Port of New York and New Jersey Closes Out Record Year But Falls Short of ‘Busiest U.S. Port’ Title

The Port of New York and New Jersey closed out 2022 handling a record 9.5 million TEUs—smashing its previous record set a year earlier in 2021. The TEU

20 mins ago
Total Views: 89

Wednesday, January 25, 2023
hapag-lloyd ship

Hapag-Lloyd Acquires Minority Stake in India’s Leading Private Terminal Provider

German container shipping company Hapag-Lloyd has acquired a 40% stake in India’s leading private terminal and inland transport service provider J M Baxi

19 hours ago
Total Views: 942


2M Breakup Leaves Maersk in a Tight Spot

Drewry believes MSC’s biggest size makes it better positioned to go it alone in the competitive market for container shipping, while Maersk’s focus

23 hours ago
Total Views: 4661


Freight Rates Seen as a ‘Smoking Gun’ on Inflation

By Ana Monteiro (Bloomberg) — The pandemic-era surge in shipping costs was a “smoking gun” that foretold the global inflation spike, and the sharp

January 25, 2023
Total Views: 2887


MSC and Maersk to End 2M Alliance in 2025

By Jacob Gronholt-Pedersen COPENHAGEN, Jan 25 (Reuters) – Denmark’s Maersk and Swiss-based MSC, the world’s largest container shipping

January 25, 2023
Total Views: 1561

Tuesday, January 24, 2023

‘Game Changer’: Nigeria Opens New Deep Sea Port in Lagos

By Seun Sanni LAGOS, Jan 23 (Reuters) – Nigeria opened a billion-dollar Chinese-built deep seaport in Lagos on Monday, which is

January 24, 2023
Total Views: 1899

an overhead view of port of los angeles docks

West Coast Ports Bear the Brunt as Inbound Containers Drop Off

U.S. container ports experienced the largest contraction of inbound containers ever in the final months of 2022 as a slowdown in global trade continues to

January 24, 2023
Total Views: 1410


Port of Charleston Sets Cargo Record in 2022

The Port of Charleston handled a record 2.8 million TEUs in 2022, joining other East and Gulf Coast ports that also reported record cargo volumes in 2022.

January 24, 2023
Total Views: 754


European Ports Brace for Slowdown as ‘Shopping Frenzy’ Ends

By Mike Wackett (The Loadstar) – North Europe’s container hub ports are bracing themselves for the weak January import volumes from Asia to continue

January 24, 2023
Total Views: 658

Friday, January 20, 2023
Editorial credit: Sheila Fitzgerald /

Matson Results Reflect Downturn in Transpacific Demand

By Mike Wackett (The Loadstar) – Transpacific container carryings from Asia to the US west coast fell sharply in last year’s fourth quarter reflecting

January 20, 2023
Total Views: 1098


Port of Long Beach Falls Shy of Record in 2022 as Trade Slows

Cargo volumes at the Port of Long Beach fell just shy of 2021’s record last year as trade slowed in the second half of the year. The Port of

January 20, 2023
Total Views: 465

Thursday, January 19, 2023

Port Houston Reports First Down Month of 2022 as it Closes Record Year

Port Houston has closed out its best year on record in 2022 with 3.9 million TEUs handled. As the port reports, the figure is nearly double the volume posted

January 19, 2023
Total Views: 677

Wednesday, January 18, 2023

Cascading Tonnage Threatens Smaller Box Ships

By Mike Wackett (The Loadstar) – Ocean carriers are busy cascading bigger ships on to secondary trades in order to absorb some of their surplus tonnage

January 18, 2023
Total Views: 1627

Friday, January 13, 2023

Ocean Carriers Hoping for Post-CNY Demand Surge

By Mike Wackett (The Loadstar) – Ocean carriers do not expect consumer demand in North Europe to recover until at least March, when they hope container

January 13, 2023
Total Views: 843

Thursday, January 12, 2023

The One Bright Spot in Container Shipping’s Spot Rate Downturn

By Mike Wackett (The Loadstar) – Improved booking prospects show the Asia to Mediterranean tradelane is proving more resilient than the North European

January 12, 2023
Total Views: 1151

Wednesday, January 11, 2023
Marty Walsh and Gene Seroka

How Did The Port Of Los Angeles Go From Boom To Bust?

By Laura Curtis (Bloomberg) A year ago this week, a record 109 container ships carrying US imports surrounded the twin ports of Los Angeles and Long Beach,

January 11, 2023
Total Views: 4726

Monday, January 9, 2023
port of los angeles and long beach

Pandemic-Driven Shipping Surge has Come to an End, National Retail Federation Says

Container shipping’s pandemic-driven surge has finally come to end as imports through the United States’ major container ports falls below the 2

January 9, 2023
Total Views: 2747


Evergreen Rewards Staff with Mega Year-End Bonuses

By Samson Ellis and Yvonne Man (Bloomberg) — Taiwan’s Evergreen Marine Corp. is celebrating a standout year by awarding stellar bonuses to some of its

January 9, 2023
Total Views: 5183


Some Ocean Shipping Rates Collapsing, But Relief is Still Months Away for Big Retailers

By Lisa Baertlein LOS ANGELES, Jan 9 (Reuters) – Prices in the most volatile segment of ocean shipping are collapsing, but top

January 9, 2023
Total Views: 853

Friday, January 6, 2023

Peak Season Surge Could Be Make or Break for Ocean Carriers

By Mike Wackett (The Loadstar) – Container spot rates from Asia to North Europe, as recorded by Drewry’s WCI index, increased by 10% this week from

January 6, 2023
Total Views: 1756