Container Shipping

Container shipping rates and congestion reports – carrier alliance moves, blank sailings, schedule reliability, and TEU volumes on major trade lanes.

Monday, January 22, 2024
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
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: 2552

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: 4008

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: 1579

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: 2331

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: 3855

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: 5578

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: 3532

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: 5744

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: 2322

Monday, January 8, 2024
Containership berthed at the Port of Los Angeles.Photo courtesy 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: 1619

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: 4477

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: 8551

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: 4072

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: 8265

Thursday, December 28, 2023
The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released November 20, 2023. Houthi Military Media/Handout via REUTERS
Shipping

The Maritime Stories That Made 2023

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,

December 28, 2023
Total Views: 6165

Convoy of ships in the Suez Canal
Shipping

299 Containerships Reroute to Avoid the Red Sea, Doubling in Number from Last Week

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

December 28, 2023
Total Views: 15006

Tuesday, December 26, 2023
The ONE Integrity with 21,954 TEUs loaded in the Port of Singapore. Photo courtesy ONE
Shipping

22,000 TEUs! ONE Claims New Cargo World Record

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

December 26, 2023
Total Views: 6723

Friday, December 22, 2023
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

Extended Detours: Maersk Reroutes Services Around Cape of Good Hope

By Gavin van Marle (The Loadstar) – Shippers and consignees whose shipments are traditionally routed through the Suez Canal can expect longer transit

December 22, 2023
Total Views: 3013

Thursday, December 21, 2023
Aerial top view of a containership underway
Shipping

Higher Freight Rates to Offset Costs from Red Sea Diversions -Fitch

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

December 21, 2023
Total Views: 1924

Wednesday, December 20, 2023
CMA CGM Lisa Marie at Port Houston
Ports

Mixed Results for Port Houston as Imports Fall

Port Houston reported mixed results in November as containerized imports through the Gulf Coast’s busiest port fall. Import volumes softened to 137,631

December 20, 2023
Total Views: 1962