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Container Shipping

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


Friday, June 7, 2024
ningbo port congestion
Shipping

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

June 7, 2024
Total Views: 10587

Thursday, June 6, 2024
A cargo ship is moored in the Port of Long Beach while cranes retrieve cargo containers from the ship
Shipping

U.S. Container Imports Continue to Gain

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,

June 6, 2024
Total Views: 1834

Wednesday, June 5, 2024
Aerial view of a container ship
Shipping

Container Price Bubble Expected to Burst in 2H 2024, Says Container xChange

Container xChange, a leading player in the global container shipping market, released its June market forecaster report, showing a significant 45% surge in

June 5, 2024
Total Views: 2512

containership
Shipping

Libra Group Makes $2 Billion Exit from Container Shipping

By Jonathan Saul ATHENS, June 5 (Reuters) – Libra Group exited the container shipping market this week after selling close to 100

June 5, 2024
Total Views: 993

Yantian Express photo provided by Hapag-Lloyd.
Shipping

Hapag-Lloyd CEO Says Demand Surge May Be Short-Lived

By Elke Ahlswede BERLIN, June 5 (Reuters) – Hapag-Lloyd Chief Executive Rolf Habben Jansen said on Wednesday that demand for container

June 5, 2024
Total Views: 1434

Tuesday, June 4, 2024
FILE PHOTO: Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, as it sails in the Strait of Gibraltar towards the port of Algeciras, Spain January 19, 2023. REUTERS/Jon Nazca/File Photo
Shipping

Maersk Sees Deeper Impact to World Trade From Red Sea Disruption

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

June 4, 2024
Total Views: 2874

Monday, June 3, 2024
maersk ship
Shipping

Maersk Raises Guidance Amid Worsening Port Congestion and Rising Freight Rates

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

June 3, 2024
Total Views: 4390

FILE PHOTO: Container vessel Maersk Hangzhou sails in the Wielingen channel, Westerschelde, Netherlands, July 15, 2018. Rene van Quekelberghe/Handout via REUTERS/File Photo
Ports

Maersk Announces Delays and Blank Voyages Due to Severe Port Congestion

Shipping giant Maersk announced on Monday significant delays in vessel schedules due to severe terminal congestion in Mediterranean and Asian ports. The

June 3, 2024
Total Views: 10375

Sunday, June 2, 2024
An EUNAVFOR warship escorts a merchant vessel in the Red Sea
Shipping

Ships Diverted From Red Sea Send Ripple Effects Across The Globe

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

June 2, 2024
Total Views: 4407

Friday, May 31, 2024
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Red Sea Diversions, Tariff Risks Send Ocean Shipping Soaring

By Lisa Baertlein LOS ANGELES, May 31 (Reuters) – Spiking ocean shipping rates, vessel backups at seaports and empty container

May 31, 2024
Total Views: 2176

Aerial view of Deep water port with cargo ship and container Singapore
Shipping

Singapore Reopens Defunct Container Terminals to Tackle Vessel Bunching

By Gavin van Marle (The Loadstar) – Authorities battling congestion in Singapore port have reopened shuttered terminals to alleviate the mounting

May 31, 2024
Total Views: 2223

Thursday, May 30, 2024
MSC Container ship enters portCatstyecam / Shutterstock.com
Shipping

Shippers Brace for Asia-Europe Blanked Sailings as Rates Rise

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

May 30, 2024
Total Views: 1407

Wednesday, May 29, 2024
File photo of a containership in port
Shipping

The $10,000 Shipping Container Looms in Latest Trade Strains

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

May 29, 2024
Total Views: 5130

Tuesday, May 28, 2024
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Freight Rate Surge Recalls Covid ‘Chaos’

(Bloomberg) — Global goods trade is showing signs of accelerating after last year’s slump, pushing up shipping rates and giving some supply-chain

May 28, 2024
Total Views: 4536

Friday, May 24, 2024
Maersk ship entering the Port of Rotterdam. Photo: Shutterstock
Shipping

Shipper Fury as Spot Rates Soar and Carriers Ignore Contracts

By Gavin van Marle (The Loadstar) – The sense of genuine anger amongst North European shippers and freight forwarders was palpable this week as they

May 24, 2024
Total Views: 4450

Wednesday, May 22, 2024
Aerial top view of a containership underway
Shipping

Container Shipping Industry Bounces Back with $5.4 Billion Profit in Q1 2024

The container shipping industry has reported profits of $5.4 billion in the first quarter of 2024, marking an impressive turnaround following six consecutive

May 22, 2024
Total Views: 1064

Friday, May 17, 2024
The LNG-powered containership, the CMA CGM, on the river Elbe near the city of Hamburg, Germany, February 14, 2021. Photo: FrankHH / Shutterstock.com
Shipping

French Shipping Giant Expects Overcapacity to Drive Down Freight Rates

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

May 17, 2024
Total Views: 2419

Friday, May 10, 2024
File photo of a containership in port
Shipping

Carriers Control the Market as Spot Rates Rise and Capacity Tightens

By Gavin van Marle (The Loadstar) – “You take away all sense and rationale. And whatever is left, is the container shipping market,” said Peter

May 10, 2024
Total Views: 1651

Thursday, May 9, 2024
A cargo ship is moored in the Port of Long Beach while cranes retrieve cargo containers from the ship
Shipping

U.S. Container Imports Show Strong Growth Amid Global Unrest

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

May 9, 2024
Total Views: 1105

MSC Container ship enters portCatstyecam / Shutterstock.com
Shipbuilding

Record Containership Capacity Delivered in 2024 Obscured By Longer Voyages

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

May 9, 2024
Total Views: 1659
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gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.