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Container Shipping

gCaptain’s full coverage of the global container shipping industry.


Wednesday, January 31, 2024
cargo ships loading at port of oakland
Shipping

ONE Sinks to Operating Loss But Boosts Outlook on Rising Rates

By Mike Wackett (The Loadstar) – Japanese ocean carrier Ocean Network Express (ONE) reported an operating loss of $248m for the final three months of

January 31, 2024
Total Views: 1220

Tuesday, January 30, 2024
container ship at sea
Shipping

Red Sea Crisis: Surge in Ocean Freight Rates Outpaces COVID-19

Houthi attacks on shipping have triggered a sharp rise in ocean freight rates, surpassing the speed of increase experienced during the initial phase of the

January 30, 2024
Total Views: 2850

hapag-lloyd ship
Shipping

Hapag-Lloyd Earnings Hit as Global Supply Chains Returned to Normal in 2023

Hapag-Lloyd reported a significant decline in its 2023 earnings due largely to lower freight rates as global supply chains returned to normal, the company said

January 30, 2024
Total Views: 2135

Thursday, January 25, 2024
containership
Shipping

Ship Shortage: Containership Charter Market Heats Up Amid Suez Diversions

By Mike Wackett (The Loadstar) – Brokers are reporting more “heightened activity” in the containership charter market as ocean carriers fight to

January 25, 2024
Total Views: 2370

Wednesday, January 24, 2024
Officials pose for a picture in front of HMM Garnett
Shipbuilding

HMM Takes Delivery of ‘HMM Garnet’, First in New Series of LNG-Ready Containerships

South Korean shipping company HMM has announced the delivery of the HMM Garnet, the first in a series of twelve 13,000 TEU containerships. The ship, which is

January 24, 2024
Total Views: 2121

Tuesday, January 23, 2024
Aerial top view of a containership underway
Shipping

Xeneta Sees Freight Rates Rising Further Amid Red Sea Crisis

Shipping rates are expected to continue their upward trend in early February due to the ongoing crisis in the Red Sea, according Xeneta’s freight rate

January 23, 2024
Total Views: 2338

Monday, January 22, 2024
Aerial top view of a containership at port
Shipping

Carriers Seek Balance of Speed and Cost to Mitigate Suez Canal Diversions

By Mike Wackett (The Loadstar) – As long as they are able to obtain premium rates, ocean carriers could decide to increase the service speed of their

January 22, 2024
Total Views: 2461

Thursday, January 18, 2024
Yantian Express photo provided by Hapag-Lloyd.
Shipping

Gemini Partners Maersk and Hapag-Lloyd Opt for ‘Hub & Spoke’ Operation

By Mike Wackett (The Loadstar) – The liner industry’s new vessel-sharing alliance, the Gemini Cooperation, will buck the recent trend of direct port

January 18, 2024
Total Views: 3878

Wednesday, January 17, 2024
A worker on a container crane at the Port of Los Angeles
Ports

Port of Los Angeles Ends 2023 On a High Note

The Port of Los Angeles saw a 2.5% increase in the amount of cargo processed in December, marking the fifth consecutive month of year-over-year gains. Total

January 17, 2024
Total Views: 1451

Joint design image by Yangzijiang Shipbuilding representing 6 of the vessels. Image courtesy Ocean Network Express
Shipbuilding

ONE Orders First Methanol-Fueled Ships

Ocean Network Express (ONE), the world’s sixth-largest container carrier, has placed orders for the construction twelve 13,000 TEU methanol dual-fuel

January 17, 2024
Total Views: 2206

Friday, January 12, 2024
FILE PHOTO: Shipping containers are seen at the container terminal of the port of Oakland, California, U.S., October 28, 2021. REUTERS/Carlos Barria/File Photo
Shipping

FMC to Hold Hearing on Red Sea Impacts on Shipping

The Federal Maritime Commission (FMC) has announced an informal public hearing focussing the impact of conditions in the Red Sea and Gulf of Aden regions on

January 12, 2024
Total Views: 3761

Ismailia,,Egypt,-,November,5,,2017:,Large,Container,Vessel,Ship
Shipping

Container Rates Soar on Concerns of Prolonged Red Sea Disruption

By Jonathan Saul and Lisa Baertlein LONDON/LOS ANGELES, Jan 12 (Reuters) – Container shipping rates for key global routes have soared

January 12, 2024
Total Views: 5434

Wednesday, January 10, 2024
MSC Tessa, one of the world's largest containerships, under construction at Hudong-Zhonghua Shipbuilding in Shanghai, China. Photo courtesy CSSC.
Shipbuilding

Record Wave of New Containerships Expected to Push Global Fleet Above 30 Million TEU

The global containership fleet is set to exceed the 30-million TEU mark for the first time in history in 2024, as a wave of new containerships hit the water,

January 10, 2024
Total Views: 3119

containership
Shipping

Red Sea Reroutings Mask Container Shipping’s Capacity Problem

By Mike Wackett (The Loadstar) – The Red Sea crisis, driving extended voyage times around Africa, is creating simulated cargo demand and masking the

January 10, 2024
Total Views: 5644

Tuesday, January 9, 2024
Yangshan Port south of Shanghai, China.
Shipping

US Trade Deficit Shrinks on Falling Imports

By Lucia Mutikani WASHINGTON, Jan 9 (Reuters) – The U.S. trade deficit unexpectedly narrowed in November as imports of consumer goods fell to a

January 9, 2024
Total Views: 1936

Monday, January 8, 2024
Containership berthed at the Port of Los Angeles
Ports

U.S. Container Imports Show Modest Increase to Close Out 2023

U.S. container import volume was up nearly 10% in December compared to the same month last year and continued to trend higher than pre-pandemic levels through

January 8, 2024
Total Views: 1401

The Port of Savannah's Garden City Terminal courtesy Georgia Ports Authority
Shipping

Red Sea Disruptions Seen Impacting US East Coast Ports

With the holiday season over, the volume of inbound cargo at the nation’s major container ports is projected to gradually slow down in the first quarter

January 8, 2024
Total Views: 4333

smoke pollution coming from a container ship
Shipping

Houthi Bribe Allegations Rock Shipping Market

by John Konrad (gCaptain) Shares of the Israeli shipping company Zim plunged over 17 percent in premarket trading today following reports that their Chinese

January 8, 2024
Total Views: 8398

Wednesday, January 3, 2024
An MSC containership passes a Maersk containership
Shipping

MSC Widens Capacity Gap, Solidifying Position as the World’s Largest Shipping Line

MSC Mediterranean Shipping Company solidified its position as the world’s largest shipping line in 2023 with the addition of more than 1 million TEUs

January 3, 2024
Total Views: 3487

Friday, December 29, 2023
AFIF Hapag-Lloyd
Shipping

Shipping Lines Diverge on Red Sea Return

By Elke Ahlswede BERLIN, Dec 29 (Reuters) – Hapag-Lloyd will continue to divert its vessels around the Suez Canal for security reasons, a spokesperson

December 29, 2023
Total Views: 8081
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gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.