Container Shipping

By Mike Wackett (The Loadstar) – Ocean carriers are imposing emergency peak season surcharges (PSSs) as global supply chains face weeks of disruption

Trade is up again at the ports of Los Angeles and Long Beach as shippers continued to reposition cargo back to the U.S. West Coast, port officials announced

By Mike Wackett (The Loadstar) – Better than expected forward demand prospects across major and secondary tradelanes is encouraging ocean carriers back

Imports at major U.S. container ports is projected to continue its slowdown in the remaining weeks of 2023 after peaking later than expected this fall,

By Mike Wackett (The Loadstar) – Asia-Europe ocean carriers are making one final attempt to hike rates on the troubled tradelane next year. Hapag-Lloyd

By Peter Apps Dec 8 (Reuters) – As tankers, car-carriers and other merchant vessels pass through the Malacca Strait, unlit fishing boats

A.P. Moller – Maersk is set to launch its first large green methanol-fueled containership early next year. Scheduled for launch on February 9, 2024, the

By Mike Wackett (The Loadstar) – Notwithstanding three attempts at GRIs (general rate increases) in 45 days, Asia-North Europe container spot rates have

The latest data from Oslo-based Xeneta suggests that 2024 could be an even more difficult year for carriers in the ocean freight shipping market. The Xeneta

The bankruptcy estate of Bed Bath & Beyond Inc. has filed a complaint with the U.S. Federal Maritime Commission against Swiss-based MSC Mediterranean

By Mike Wackett (The Loadstar)- Not only do ocean carriers have too many ships, they also have too many containers to fill vessels that are being deployed. In

Shipping line Ocean Network Express is claiming a new world record with the loading of 21,954 twenty-foot equivalent (TEUs) containers on board a single ship.

Singapore-based shipping company Ocean Network Express (ONE) has announced the commencement of its first wind-assisted propulsion trial. In collaboration with

By Alexander Whiteman (The Loadstar) – MSC has slapped a bumper $297 per teu surcharge on shipments transiting the Panama Canal in response to the

The Port of Savannah’s Garden City Terminal experienced a significant increase in the number of containership calls last month, with 129 visits for a 26

By Tara Patel and Benoit Berthelot (Bloomberg) –Rodolphe Saade, the billionaire head of the world’s third-largest container line, warned the

By Mike Wackett (The Loadstar) – After recording gains across the board last week, the container spot market indices are back to flashing red for the

Israeli container shipping line ZIM announced its financial results for the third quarter of 2023, reporting a $2.2 billion loss driven by a massive $2 billion

By Mike Wackett (The Loadstar) – Greece-based non-operating containership owner (NOO) Danaos recorded another strong result in the third quarter,

(Bloomberg) — DP World Plc is struggling to work through a backlog of 30,000 shipping containers piled up at ports across Australia as the company