Container Shipping

MSC Mediterranean Shipping Company solidified its position as the world’s largest shipping line in 2023 with the addition of more than 1 million TEUs

By Elke Ahlswede BERLIN, Dec 29 (Reuters) – Hapag-Lloyd will continue to divert its vessels around the Suez Canal for security reasons, a spokesperson

This year proved once again that the maritime industry is one of the most important and exciting industries on the planet. As 2023 comes to a close,

By Brendan Murray and Alex Longley (Bloomberg) Half of the containership fleet that regularly transits the Red Sea and Suez Canal is avoiding the route now

Shipping line Ocean Network Express (ONE) is claiming a new world record with the loading of 22,000 twenty-foot equivalent (TEU) laden containers on board a

By Gavin van Marle (The Loadstar) – Shippers and consignees whose shipments are traditionally routed through the Suez Canal can expect longer transit

Following recent attacks on commercial vessels in the Red Sea, shipping companies are facing increased costs due to longer voyages around the Cape of Good

Port Houston reported mixed results in November as containerized imports through the Gulf Coast’s busiest port fall. Import volumes softened to 137,631

By Stefan Nicola (Bloomberg) — More than a hundred container ships are taking the long route around Africa to avoid violence in the Red Sea, creating

By Mike Wackett (The Loadstar) – Ocean carriers are imposing emergency peak season surcharges (PSSs) as global supply chains face weeks of disruption

Trade is up again at the ports of Los Angeles and Long Beach as shippers continued to reposition cargo back to the U.S. West Coast, port officials announced

By Mike Wackett (The Loadstar) – Better than expected forward demand prospects across major and secondary tradelanes is encouraging ocean carriers back

Imports at major U.S. container ports is projected to continue its slowdown in the remaining weeks of 2023 after peaking later than expected this fall,

By Mike Wackett (The Loadstar) – Asia-Europe ocean carriers are making one final attempt to hike rates on the troubled tradelane next year. Hapag-Lloyd

By Peter Apps Dec 8 (Reuters) – As tankers, car-carriers and other merchant vessels pass through the Malacca Strait, unlit fishing boats

A.P. Moller – Maersk is set to launch its first large green methanol-fueled containership early next year. Scheduled for launch on February 9, 2024, the

By Mike Wackett (The Loadstar) – Notwithstanding three attempts at GRIs (general rate increases) in 45 days, Asia-North Europe container spot rates have

The latest data from Oslo-based Xeneta suggests that 2024 could be an even more difficult year for carriers in the ocean freight shipping market. The Xeneta

The bankruptcy estate of Bed Bath & Beyond Inc. has filed a complaint with the U.S. Federal Maritime Commission against Swiss-based MSC Mediterranean

By Mike Wackett (The Loadstar)- Not only do ocean carriers have too many ships, they also have too many containers to fill vessels that are being deployed. In