Container Shipping

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

Dockworkers on the U.S. West Coast have voted to ratify a tentative contract agreement reached in June with port employers represented by the Pacific Maritime

A new study has found that climate warming greenhouse gas emissions increase when imported cargo from Asia is diverted away from U.S. West Coast ports to the

By Mike Wackett (The Loadstar) – The second-quarter results of the major container lines were significantly down from the year before, but nonetheless

By Mike Wackett (The Loadstar) – Ocean carriers are giving back their recent Asia-North Europe FAK rate increases via heavy discounts for October