Container Spot Rates in China Set to Hit Five Figures
By Gavin van Marle (The Loadstar) – There were further double-digit increases in container spot freight rates this week, after a series of general rate
gCaptain’s full coverage of the global container shipping industry.
By Gavin van Marle (The Loadstar) – There were further double-digit increases in container spot freight rates this week, after a series of general rate
May 2024 marked another month of remarkable growth for U.S. container imports, registering a 6.2% increase from April and an 11.9% upswing year-on-year,
Container xChange, a leading player in the global container shipping market, released its June market forecaster report, showing a significant 45% surge in
By Jonathan Saul ATHENS, June 5 (Reuters) – Libra Group exited the container shipping market this week after selling close to 100
By Elke Ahlswede BERLIN, June 5 (Reuters) – Hapag-Lloyd Chief Executive Rolf Habben Jansen said on Wednesday that demand for container
By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S, a bellwether for global trade, said the world’s supply lines are more impacted than
A.P. Moller-Maersk A/S (APMM) sees worsening port congestion, especially in the Middle East and Asia, and further increases in container freight rates thanks
Shipping giant Maersk announced on Monday significant delays in vessel schedules due to severe terminal congestion in Mediterranean and Asian ports. The
By Brendan Murray Jun 2, 2024 (Bloomberg) –Never has it been so cheap to inflict a world of economic pain. That stark point was underscored last
By Lisa Baertlein LOS ANGELES, May 31 (Reuters) – Spiking ocean shipping rates, vessel backups at seaports and empty container
By Gavin van Marle (The Loadstar) – Authorities battling congestion in Singapore port have reopened shuttered terminals to alleviate the mounting
By Gavin van Marle (The Loadstar) – It was just over a month ago that forwarders began to realise significant disruption was on the way for the
Companies transporting goods from Asia face costs of as much $10,000 for an urgent full-size shipping container over the next month — about double current
(Bloomberg) — Global goods trade is showing signs of accelerating after last year’s slump, pushing up shipping rates and giving some supply-chain
By Gavin van Marle (The Loadstar) – The sense of genuine anger amongst North European shippers and freight forwarders was palpable this week as they
The container shipping industry has reported profits of $5.4 billion in the first quarter of 2024, marking an impressive turnaround following six consecutive
By Tara Patel (Bloomberg) — CMA CGM SA, the world’s third-largest container line, is expecting a decline in ocean freight rates as new vessel
By Gavin van Marle (The Loadstar) – “You take away all sense and rationale. And whatever is left, is the container shipping market,” said Peter
In April 2024, U.S. container import volumes rose by 3.0% from March and 9.3% year-on-year, indicating a strong economy despite global instability, according
The shipping industry has witnessed a record delivery of 1 million Twenty-foot Equivalent Unit (TEU) of container ship capacity in the first four months of
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