Container Shipping

gCaptain’s full coverage of the global container shipping industry.


Friday, June 23, 2023
Liner Bear Market Looms as Rates Continue to Tumble
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: 1095

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: 8018

Thursday, June 15, 2023
Nation’s Supply Chain Threat Diminishes With West Coast Port Deal
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: 1143

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: 6946

Friday, June 9, 2023
U.S. Chamber of Commerce Calls for Mediator in West Coast Port Labor Negotiations
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: 5979

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: 3813

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: 1318

Wednesday, June 7, 2023
Containership berthed at the 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: 1939

Top Ocean Carriers Set Course for More Profitable Routes
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: 1660

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: 1099

Tuesday, June 6, 2023
FILE PHOTO: Shipping containers are stacked at Gwangyang port in Gwangyang, South Korea, June 14, 2022. Yonhap via REUTERS
Shipping

Low Container Shipping Freight Rates Unsustainable, Says Hapag Lloyd CEO

FRANKFURT, June 6 (Reuters) – Global container shipping freight rates have reached unsustainable levels and must rebound, the chief executive of

June 6, 2023
Total Views: 2620

Monday, June 5, 2023
ONE Takes Delivery of First 24,000 TEU Containership
Shipbuilding

ONE Takes Delivery of First 24,000 TEU Containership

Ocean Network Express (ONE) has announced the successful delivery of their first-ever 24,000-TEU class “Megamax” vessel. The vessel, named ONE

June 5, 2023
Total Views: 10260

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
Ports

Retailers Call on Biden Administration to Intervene in Strained West Coast Port Labor Talks

The National Retail Federation, the world’s largest retail trade association, released a statement on Monday urging the Biden Administration to intervene

June 5, 2023
Total Views: 1181

Friday, June 2, 2023
Tensions Boil Over In West Coast Labor Talks
Ports

Tensions Boil Over In West Coast Labor Talks

The International Longshore Workers’ Union’s local union in Southern California has issued a statement today slamming the actions of foreign ocean

June 2, 2023
Total Views: 9100

Wednesday, May 31, 2023
File photo of a containership in port
Shipping

Container Shipping Industry Faces Unprecedented Slump in Long-Term Rates

The container shipping industry experienced a significant downturn in global long-term freight rates during the month of May, as the contracted cost of

May 31, 2023
Total Views: 8935

Friday, May 26, 2023
shipping container
Shipping

Container Production Slumps to Lowest Level in 14 Years, Says Drewry

Global container production is set to reach its lowest level in 14 years due to stagnating trade and a surplus of shipping containers caused by eased

May 26, 2023
Total Views: 2093

Aerial top view of a containership at port
Shipping

Peak Season Hope Fades as Container Freight Rates Slip Again

By Mike Wackett (The Loadstar) – The prospect of a traditional peak season is slipping away with each week that passes and ocean carriers are as yet

May 26, 2023
Total Views: 3564

Tuesday, May 23, 2023
expanded panama canal
Shipping

Panama Canal Draft Restrictions Could Halt Coastal Shift

By Mike Wackett (The Loadstar) – The Panama Canal Authority (ACP) is to further reduce the maximum draft allowed for vessels transiting the waterway

May 23, 2023
Total Views: 4791

Monday, May 22, 2023
Number of Containers Lost at Sea Plummets in 2022
Shipping

Number of Containers Lost at Sea Plummets in 2022

The World Shipping Council (WSC) has released its annual Containers Lost at Sea report, shedding light on encouraging developments regarding container safety

May 22, 2023
Total Views: 6806

Friday, May 19, 2023
MSC OSCAR
Shipping

MSC’s New Megaships Face Longer Transit Times on 2M’s Asia-Europe Route

By Mike Wackett (The Loadstar) – Last week’s announcement by the 2M Alliance partners that they intend to inject nine additional vessels into

May 19, 2023
Total Views: 3055
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