Container Shipping Faces ‘Period of Uncertainty’ with Loss of EU Antitrust Protection
International liner shipping group the World Shipping Council says liner operators’ loss of their exemption from EU rules against
International liner shipping group the World Shipping Council says liner operators’ loss of their exemption from EU rules against
The nation’s major container ports have already reached their anticipated peak for import cargo volume this year, signaling a gradual slowdown as the
By Mike Wackett (The Loadstar) – Asia-North Europe carriers took advantage of the Chinese national holiday this week to announce new headhaul FAK rates,
By Mike Wackett (The Loadstar) – Following Hapag-Lloyd’s announcement on Monday of a huge hike in its Asia-Europe FAK rates, CMA CGM has advised
Tech giant Apple is taking steps to further reduce its carbon emissions by increasing its use of ocean shipping. This initiative is part of Apple’s
(Bloomberg) — They are relatively easy to fake. Frequently get lost. And can add huge amounts of time to any journey. Yet paper documents still rule
MILAN, Oct 2 (Reuters) – Shipping group MSC has entered into a binding agreement to acquire a 50% stake in Italian passenger
German shipping line Hapag-Lloyd has christened the first of 12 new Hamburg Express-class containerships. With a length of almost 400 meters and a capacity of
French shipping giant CMA CGM has reportedly placed another significant order for methanol-powered containerships, bringing its methanol-fueled orderbook to 34
Despite efforts from industry and government, mis-declared dangerous goods continue to cause fires and explosions on board containerships, endangering lives
The Port of Savannah handled 413,300 TEUs in August, down 28 percent from August 2022, the Georgia Ports Authority’s busiest month on record. However,
By Mike Wackett – Container spot rates from China to North Europe are in freefall with average rates dipping below $1,000 per 40ft this week having lost
By Mike Wackett (The Loadstar) – As global freight rates continue to fall, container shipping lines are being hit by a huge spike in fuel costs. This
Two of the world’s largest container shipping companies, A.P. Moller – Maersk and CMA CGM, have joined forces to speed up the green transition in
The Port of Los Angeles saw a 3% increase in cargo volumes in August compared to the same period last year, marking the port’s first monthly
By Mike Wackett (The Loadstar) – Container spot indices are showing a sea of red ink this week, with short-term freight rates down on all the major
BERLIN, Sept 14 (Reuters) – Hapag-Lloyd CEO Rolf Habben Jansen said on Thursday that it would not be in the container shipper’s interest to make
Peak shipping season got off to a modest start at the Port of Long Beach. The port has reported handling 682,312 TEUs last month, making for a 15.4% decline
Import cargo volume at major US container ports is expected to reach 2 million TEUs in September and October, signaling retailers’ optimism for the
(Bloomberg) — The global trade finance gap jumped to a record $2.5 trillion last year, as heightened economic risks left banks’ financing capacity
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