Friday, February 19, 2021
Hapag-Lloyd Container-ship BOSTON EXPRESS

Hapag-Lloyd CEO Says Container Crunch Could Resolve In Q2/Q3

By Vera Eckert (Reuters) – Container shipping firm Hapag-Lloyd said surging demand for bulky goods like exercise equipment from locked-down consumers may flatten out in the second or early third quarter,...

February 19, 2021
Total Views: 2028

Wednesday, February 10, 2021
maersk ship
Maritime News

Maersk Misses Wall Street Forecast Despite High Rates

By Jacob Gronholt-Pedersen COPENHAGEN, Feb 10 (Reuters) – A surge in demand for goods like furniture and exercise equipment from locked-down consumers has sparked a jump in shipping rates, boosting profits for...

February 10, 2021
Total Views: 1109

Wednesday, February 3, 2021

Sugar High On Wall Street As White-Sugar Futures Climb On Container Shipping Worries

By Marvin G Perez and Manisha Jha (Bloomberg) White-sugar spreads climbed to a record high as a shipping container shortage increased demand for supplies delivered through the exchange. The March...

February 3, 2021
Total Views: 1956

Tuesday, February 2, 2021
By Sheila Fitzgerald
Press Releases

Container Crisis Upends Global Food Trade

By Isis Almeida , Ann Koh , and Michael Hirtzer (Bloomberg) Food is piling up in all the wrong places, due to struggles facing ships hauling empty shipping containers. Global competition...

February 2, 2021
Total Views: 11885

Wednesday, December 23, 2020
Containership port

Global Cargo Logjam Deepens

By Lisa Baertlein and Jonathan Saul (Reuters) – Amazon seller Bernie Thompson shifted half of his production out of China to reduce his business risks and still found himself in...

December 23, 2020
Total Views: 4036

Wednesday, December 9, 2020
Hapag-lloyd containership

Hapag-Lloyd Reports 2020 Transport Volume Recovery

By Vera Eckert (Reuters) – German container liner Hapag-Lloyd expects transport volumes in the fourth quarter to pare sharp losses seen earlier this year as a demand recovery in Asia...

December 9, 2020
Total Views: 879

Wednesday, November 18, 2020
madrid maersk

Maersk Confident About Container Shipping Recovery In 2021

By Jacob Gronholt-Pedersen COPENHAGEN, Nov 18 (Reuters) – Shipping group Maersk said on Wednesday it is confident about the outlook for shipping beyond 2020 as a second wave of coronavirus infections has only had...

November 18, 2020
Total Views: 4461

Tuesday, October 27, 2020

Global Shippers Surf Demand Wave Bound for Covid Economy Fog

By Brendan Murray (Bloomberg) — The world’s major shipping companies, riding an unprecedented wave of demand for everything from housewares to medicine, are finding the record for the largest load...

October 27, 2020
Total Views: 64

Thursday, October 15, 2020
port of los angeles

Port of Los Angeles Struggles With Surge Of Unscheduled Ships

by Lisa Baertlein (Reuters) – Incoming cargo to the Port of Los Angeles is surging as businesses restock depleted inventories and retailers prepare for an early holiday season, the executive...

October 15, 2020
Total Views: 143

Wednesday, August 19, 2020
Short Sea Shipping In Germany
Maritime News

Container Costs Risk Spiraling Out Of Control

By Sam Whelan (TheLoadstar) Container shipping costs and service levels are at risk of spiralling out of control, according to Drewry. As well as a massive withdrawal of capacity since...

August 19, 2020
Total Views: 70

Monday, March 23, 2020
container port
Maritime News

Coronavirus May Lead to ‘Largest Decline in Shipping Volumes in Living Memory’

By Gavin van Marle (The Loadstar) – As the retail industry across Europe and North America begins to effectively shut down as governments enforce widespread social lockdown, there are increasing warnings that...

March 23, 2020
Total Views: 33

Wednesday, March 18, 2020
shipping containers
Maritime News

Shipping Containers in Short Supply

By Jen Skerritt (Bloomberg) — A shipping container shortage that’s left everything from Thai curry to Canadian peas idling in ports may be about to get a whole lot worse as...

March 18, 2020
Total Views: 74

Tuesday, March 10, 2020
Maritime News

Digital Container Shipping Association Publishes IMO Cyber Security Mandate Guidance

The Digital Container Shipping Association (DCSA) has rolled out its cyber security guidance to prepare shipowners and vessels for the International Maritime Organization’s pending cyber security mandate.  The DCSA is...

March 10, 2020
Total Views: 13

Wednesday, February 27, 2019
shipping container
Maritime News

With Brexit in Flux, Shippers Re-Route to Avoid Dover

By Irene García Pérez (Bloomberg) — As Theresa May mulls moves to stop the U.K. leaving the European Union without a deal next month, some businesses have already made plans...

February 27, 2019
Total Views: 2

Monday, February 25, 2019
Yantian Express
Maritime News

Hapag-Lloyd Operating Profit Rises 32 Percent

by Vera Eckert (Reuters) – Container shipping firm Hapag-Lloyd said volume growth and a modest recovery in freight rates in the second half of 2018 helped push operating profit 32...

February 25, 2019
Total Views: 1

Friday, February 22, 2019
shipping container
Maritime News

Container Spot Rates Decline Sharply

By Mike Wackett (TheLoadstar) Both of the major east-west tradelanes recorded significant falls on today’s Shanghai Containerized Freight Index (SCFI), reflecting an increasingly soft demand environment. The Asia-Europe components of...

February 22, 2019
Total Views: 4

Thursday, February 21, 2019

Maersk Shares Sink As Trade War Looms

by Jacob Gronholt-Pedersen (Reuters) – The world’s largest container shipping company, A.P. Moller-Maersk, warned trade headwinds would slow growth this year, sending its shares down 10 percent on Thursday. Maersk...

February 21, 2019
Total Views: 11

Tuesday, February 19, 2019
Maritime News

Elbe Deepening Turns Crucial as Port of Hamburg Throughput Falls

By Mike Wackett (The Loadstar) – Container throughput at the port of Hamburg declined for the second consecutive year in 2018. The port’s throughput was down to 8.73m teu, adding...

February 19, 2019
Total Views: 16

Thursday, February 14, 2019
MOL Tribute cargo record
Maritime News

MOL Tribute Loads Record 19,100 TEU in Singapore

The Ocean Network Express’s ultra-large containership MOL Tribute has set a new record for the most twenty-foot equivalent containers ever loaded onto a vessel with 19,100 TEU.  The record-setting stow...

February 14, 2019
Total Views: 53

Wednesday, February 13, 2019
hapag-lloyd ship
Maritime News

Trade Spats Could Dampen Shipping Growth in 2019 -Hapag Lloyd CEO

FRANKFURT, Feb 13 (Reuters) – An escalation of tariff wars between China and the United States could dampen growth in international container shipping as operators pre-emptively brought forward business in...

February 13, 2019
Total Views: 3