Container Shipping

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

Friday, July 28, 2023
The LNG-powered containership, the CMA CGM, on the river Elbe near the city of Hamburg, Germany, February 14, 2021. Photo: FrankHH / Shutterstock.com
Shipping

CMA CGM Braced for Weaker Profit Before Demand Pick-Up in 2024

PARIS, July 28 (Reuters) – French shipping group CMA CGM expects container freight demand to improve from next year but the

July 28, 2023
Total Views: 845

Tuesday, July 25, 2023
The Port of Brunswick
Shipping

Georgia Ports Set Ro/Ro Record as Container Volumes Slump

The Georgia Ports Authority reported a record Roll-on/Roll-off (Ro/Ro) volumes in FY2023 as container volumes slumped at of Port of Savannah, but are still

July 25, 2023
Total Views: 1791

Friday, July 21, 2023
Aerial top view of a containership underway
Shipping

Container Spot Rates: Mixed Fortunes on Transpacific and Transatlantic Trade Lanes

By Mike Wackett (The Loadstar) – Container spot rates from Asia to the US spiked this week, while carriers managed to halt the decline in short-term

July 21, 2023
Total Views: 1109

Friday, July 14, 2023
FILE PHOTO: Shipping containers are stacked at Gwangyang port in Gwangyang, South Korea, June 14, 2022. Yonhap via REUTERS
Shipping

Container Freight Rates Inch Upward, But Lingering Challenges Impede Full Recovery

By Charlie Bartlett (The Loadstar) – Global container freight rates are still – marginally – exceeding pre-pandemic levels, according to

July 14, 2023
Total Views: 1430

Thursday, July 13, 2023
Aerial photo of MSC ships at the port of Long Beach
Ports

Trade Cools at Port of Long Beach

Trade passing through the Port of Long Beach slowed down in June, as retailers continued to clear out their warehouses, the port said Thursday. Dockworkers and

July 13, 2023
Total Views: 1507

Monday, July 10, 2023
U.S. Container Imports Pull Ahead of 2019 Levels
Shipping

U.S. Container Imports Pull Ahead of 2019 Levels

U.S. container import volumes decreased slightly in June compared to May, but were markedly higher than pre-pandemic 2019, according to Descartes Systems

July 10, 2023
Total Views: 2584

Port of Seattle at night
Shipping

U.S. Container Imports Expected to Peak in August as Labor Disputes Pose Supply Chain Concerns

U.S. container imports are expected to peak in August at a little over 2 million TEUs before slowly backing off, according to the National Retail

July 10, 2023
Total Views: 1948

Friday, July 7, 2023
container ship at sea
Shipping

Ocean Carriers Run Out of Niche Trades

By Mike Wackett (The Loadstar) – Container spot rates on the transatlantic took a hammering this week, losing over 20% of their value, and the

July 7, 2023
Total Views: 2185

Thursday, July 6, 2023
hapag-lloyd ship
Shipping

Seaspan and Hapag-Lloyd to Retrofit Up to 60 Ships to Green Methanol

Seaspan Corporation and Hapag-Lloyd have partnered with MAN Energy Solutions to retrofit up to 60 containerships to use green methanol as marine fuel. MAN

July 6, 2023
Total Views: 1076

Thursday, June 29, 2023
port of los angeles and long beach
Shipping

Containership Charter Market Loses Steam as Carriers Look to Off-Hire Ships

By Mike Wackett (The Loadstar) – There are now clear signs that the weak demand for ocean freight is beginning to impact the hitherto insulated

June 29, 2023
Total Views: 2502

Friday, June 23, 2023
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

Liner Bear Market Looms as Rates Continue to Tumble

By Mike Wackett (The Loadstar) – Maritime analysts are bearish on the outlook for liner shipping, as inventory de-stocking progress in the US and Europe

June 23, 2023
Total Views: 1131

Monday, June 19, 2023
msc containership
Shipping

MSC is Bleeding the Charter Market Dry

By Mike Wackett (The Loadstar) – The containership charter market shows no sign of softening as it goes into the usually slack summer season, despite

June 19, 2023
Total Views: 8223

Thursday, June 15, 2023
aerial view of the ports of los angeles and long beach
Shipping

Nation’s Supply Chain Threat Diminishes With West Coast Port Deal

By Laura Curtis and Jordan Fabian (Bloomberg) — Workers and employers announced a tentative agreement on a new six-year contract that will cover

June 15, 2023
Total Views: 1195

Saturday, June 10, 2023
port of seattle
Ports

Port of Seattle Halts Operations Amidst ILWU-PMA Clash

June 10 (Reuters) – The Pacific Maritime Association (PMA), which represents terminal operators, said in a tweet

June 10, 2023
Total Views: 7017

Friday, June 9, 2023
U.S. President Joe Biden walks after speaking during a visit to the Port of Los Angeles, during the Ninth Summit of the Americas in Los Angeles, California, U.S., June 10, 2022. REUTERS/Kevin Lamarque
Ports

U.S. Chamber of Commerce Calls for Mediator in West Coast Port Labor Negotiations

The U.S. Chamber of Commerce is calling on President Biden to intervene in the ongoing labor negotiations between the Pacific Maritime Association (PMA) and

June 9, 2023
Total Views: 6055

Thursday, June 8, 2023
panama canal lng record
Shipping

Panama Canal Drought Seen Sending Transpacific Container Rates North

By Mike Wackett (The Loadstar) – Transpacific spot rates from Asia are set to spike as a consequence of industrial action at US west coast ports and

June 8, 2023
Total Views: 3908

The shipping ports of Los Angeles (top left) and Long Beach are seen from the window of a commercial aircraft over Long Beach, California, U.S. March 13, 2023. REUTERS/Chris Helgren
Shipping

Retailers: Falling U.S. Container Imports at Odds with Consumer Spending Growth

Despite a rise in consumer spending, U.S. container imports are expected to be 22% lower in the first half of 2023 compared to the same period last year,

June 8, 2023
Total Views: 1364

Wednesday, June 7, 2023
Containership berthed at the Port of Los Angeles.Photo courtesy Port of Los Angeles.
Ports

U.S. Container Imports Continue to Track at 2019 Levels

Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG) has published its latest June Global Shipping Report, highlighting the ongoing trends in U.S. container

June 7, 2023
Total Views: 2033

Ismailia,,Egypt,-,November,5,,2017:,Large,Container,Vessel,Ship
Shipping

Top Ocean Carriers Set Course for More Profitable Routes

By Mike Wackett (The Loadstar) – Ocean carriers constantly reassess network coverage to cope with the impact of demand fluctuations but, post-pandemic,

June 7, 2023
Total Views: 1701

Tiangin,,China. Photo: ambient_pix / Shutterstock.com
Shipping

China Exports Drop More Than Expected, Fueling Growth Risks

(Bloomberg) — Chinese exports fell for the first time in three months in May, adding to risks in the world’s second-largest economy as global demand

June 7, 2023
Total Views: 1161