Container Shipping

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

Tuesday, October 10, 2023
Port of Hamburg
Shipping

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

October 10, 2023
Total Views: 3050

A tug escorts a containership at the Port of Los Angeles, California. Photo: Robert V Schwemmer / Shutterstock.com
Shipping

US Import Cargo Volume Hits 2023 Peak

The nation’s major container ports have already reached their anticipated peak for import cargo volume this year, signaling a gradual slowdown as the

October 10, 2023
Total Views: 1696

Friday, October 6, 2023
The M/V Berlin Express pictured at the Container Terminal Burchardkai in the Port of Hamburg. Photo courtesy Hapag-Lloyd
Shipping

Container Shipping: Analysts Warn of ‘Severe Downturn’ as New Capacity Hits the Water

By Mike Wackett (The Loadstar) – Asia-North Europe carriers took advantage of the Chinese national holiday this week to announce new headhaul FAK rates,

October 6, 2023
Total Views: 7997

Thursday, October 5, 2023
Hapag-Lloyd Container-ship BOSTON EXPRESS
Shipping

Carriers Batten Down the Hatches Ahead of Potential Worst Slack Season on Record

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

October 5, 2023
Total Views: 7477

Wednesday, October 4, 2023
containership
Shipping

Apple Looks to Increase Ocean Shipping to Reduce Carbon Emissions

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

October 4, 2023
Total Views: 1818

A container terminal at the Port of Saint-Petersburg, Russia. January 9, 2023
Shipping

The 4 Billion Pieces of Paper Keeping Global Trade Afloat

(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

October 4, 2023
Total Views: 1951

Monday, October 2, 2023
msc ship in port
Shipping

MSC to Buy 50% of Italian Passenger Rail Group

MILAN, Oct 2 (Reuters) – Shipping group MSC has entered into a binding agreement to acquire a 50% stake in Italian passenger

October 2, 2023
Total Views: 1630

The M/V Berlin Express pictured at the Container Terminal Burchardkai in the Port of Hamburg. Photo courtesy Hapag-Lloyd
Shipping

Hapag-Lloyd Christens New Dual-Fuel Mega Containership ‘Berlin Express’

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

October 2, 2023
Total Views: 2826

Thursday, September 28, 2023
lng bunkering rotterdam
Shipbuilding

CMA CGM Orders Eight Additional Methanol-Fueled Containerships

French shipping giant CMA CGM has reportedly placed another significant order for methanol-powered containerships, bringing its methanol-fueled orderbook to 34

September 28, 2023
Total Views: 1719

The fire on board the Yantian Express, pictured January 15, 2019, in the Atlantic Ocean.
Accidents

Liner Industry Seeks Help Finding Mis-Declared Dangerous Goods in Container Shipping

Despite efforts from industry and government, mis-declared dangerous goods continue to cause fires and explosions on board containerships, endangering lives

September 28, 2023
Total Views: 2423

Tuesday, September 26, 2023
Container vessel approaching the terminal at the Port of Savannah, Georgia
Ports

Containers Fall as Ro-Ro and Rail Volumes Rise at Port of Savannah

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,

September 26, 2023
Total Views: 1319

Friday, September 22, 2023
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Asia-North Europe Spot Rates in Free Fall

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

September 22, 2023
Total Views: 982

Tuesday, September 19, 2023
containership ship bunkering
Shipping

Shipping Lines Hit by Rising Fuel Costs as OPEC Cuts Supply

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

September 19, 2023
Total Views: 1705

Inauguration of Maersk's first container ship Laura Maersk that sails on green methanol in Copenhagen, Denmark September 14, 2023. Ritzau Scanpix/ Mads Claus Rasmussen via REUTERS
Environment

Maersk and CMA CGM Join Forces to Advance Green Fuels for Shipping

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

September 19, 2023
Total Views: 1544

Friday, September 15, 2023
Containership berthed at the Port of Los Angeles.Photo courtesy Port of Los Angeles.
Ports

Port of Los Angeles Marks Return to Cargo Volume Growth

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

September 15, 2023
Total Views: 2956

Containership docking Port of Long Beach
Shipping

Carriers Pull Capacity to Boost Floundering Spot Rates

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

September 15, 2023
Total Views: 1757

Thursday, September 14, 2023
port of Hamburg
News

Hapag-Lloyd CEO: Counter Offer for HHLA Would Not be in our Interest

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

September 14, 2023
Total Views: 1504

Wednesday, September 13, 2023
A containership at the Port of Long Beach
Ports

Port of Long Beach Sees Modest Start to Peak Shipping Season

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

September 13, 2023
Total Views: 1772

Friday, September 8, 2023
A worker on a container crane at the Port of Los Angeles
Shipping

NRF: U.S. Container Imports Show Retailers’ Optimism for Holiday Season

Import cargo volume at major US container ports is expected to reach 2 million TEUs in September and October, signaling retailers’ optimism for the

September 8, 2023
Total Views: 2057

Wednesday, September 6, 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
News

Global Trade Finance Gap at Record $2.5 Trillion, Says ADB

(Bloomberg) — The global trade finance gap jumped to a record $2.5 trillion last year, as heightened economic risks left banks’ financing capacity

September 6, 2023
Total Views: 783