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
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
By Mike Wackett (The Loadstar) – The liner industry’s new vessel-sharing alliance, the Gemini Cooperation, will buck the recent trend of direct port
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
Ocean Network Express (ONE), the world’s sixth-largest container carrier, has placed orders for the construction twelve 13,000 TEU methanol dual-fuel
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
By Jonathan Saul and Lisa Baertlein LONDON/LOS ANGELES, Jan 12 (Reuters) – Container shipping rates for key global routes have soared
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,
By Mike Wackett (The Loadstar) – The Red Sea crisis, driving extended voyage times around Africa, is creating simulated cargo demand and masking the
By Lucia Mutikani WASHINGTON, Jan 9 (Reuters) – The U.S. trade deficit unexpectedly narrowed in November as imports of consumer goods fell to a
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
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
by John Konrad (gCaptain) Shares of the Israeli shipping company Zim plunged over 17 percent in premarket trading today following reports that their Chinese
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
By Elke Ahlswede BERLIN, Dec 29 (Reuters) – Hapag-Lloyd will continue to divert its vessels around the Suez Canal for security reasons, a spokesperson
This year proved once again that the maritime industry is one of the most important and exciting industries on the planet. As 2023 comes to a close,
By Brendan Murray and Alex Longley (Bloomberg) Half of the containership fleet that regularly transits the Red Sea and Suez Canal is avoiding the route now
Shipping line Ocean Network Express (ONE) is claiming a new world record with the loading of 22,000 twenty-foot equivalent (TEU) laden containers on board a
By Gavin van Marle (The Loadstar) – Shippers and consignees whose shipments are traditionally routed through the Suez Canal can expect longer transit
Following recent attacks on commercial vessels in the Red Sea, shipping companies are facing increased costs due to longer voyages around the Cape of Good
Port Houston reported mixed results in November as containerized imports through the Gulf Coast’s busiest port fall. Import volumes softened to 137,631
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