Container Shipping

French shipping group CMA CGM has taken delivery of the CMA CGM Mermaid, the first in a series of ten 2,000 TEU container ships powered by Liquefied Natural

By Lisa Baertlein LOS ANGELES, Feb 14 (Reuters) – West Coast ports are seeing minimal impact from militant attacks and drought that are

The Port of Los Angeles and the Port of Long Beach are off to a strong start in 2024, with significant gains in the amount of imports handled compared

The first half of this year is projected to see an increase in inbound cargo volume at major U.S. container ports despite recent attacks on ships in the Red

By Mike Wackett (The Loadstar) – Container spot rates on the transatlantic shot up this week and, ahead of Chinese New Year tomorrow, transpacific rates

By Christian Wienberg and Sanne Wass (Bloomberg) — A.P. Moller-Maersk A/S shares plunged after the shipping company said it expects renewed gloom in

By Jacob Gronholt-Pedersen COPENHAGEN, Feb 8 (Reuters) – Maersk warned on Thursday that container shipping overcapacity would hit profits more than

By Mike Wackett (The Loadstar) – Asia-North Europe shippers have adapted their supply chains to the longer transit times around Africa, but now they

By Alisa Odenheimer and Brendan Murray (Bloomberg) –An Israeli software startup and one of the world’s biggest shipping lines are among companies

Evergreen Marine Corporation, one of the world’s largest container shipping companies, has signed a memorandum of agreement with X-Press Feeders to place

By Mike Wackett (The Loadstar) – Japanese ocean carrier Ocean Network Express (ONE) reported an operating loss of $248m for the final three months of

Houthi attacks on shipping have triggered a sharp rise in ocean freight rates, surpassing the speed of increase experienced during the initial phase of the

Hapag-Lloyd reported a significant decline in its 2023 earnings due largely to lower freight rates as global supply chains returned to normal, the company said

By Mike Wackett (The Loadstar) – Brokers are reporting more “heightened activity” in the containership charter market as ocean carriers fight to

South Korean shipping company HMM has announced the delivery of the HMM Garnet, the first in a series of twelve 13,000 TEU containerships. The ship, which is

Shipping rates are expected to continue their upward trend in early February due to the ongoing crisis in the Red Sea, according Xeneta’s freight rate

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