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
gCaptain’s full coverage of the global container shipping industry.
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
By Mike Wackett (The Loadstar) – The containership charter market shows no sign of softening as it goes into the usually slack summer season, despite
By Laura Curtis and Jordan Fabian (Bloomberg) — Workers and employers announced a tentative agreement on a new six-year contract that will cover
June 10 (Reuters) – The Pacific Maritime Association (PMA), which represents terminal operators, said in a tweet
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
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
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,
Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG) has published its latest June Global Shipping Report, highlighting the ongoing trends in U.S. container
By Mike Wackett (The Loadstar) – Ocean carriers constantly reassess network coverage to cope with the impact of demand fluctuations but, post-pandemic,
(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
FRANKFURT, June 6 (Reuters) – Global container shipping freight rates have reached unsustainable levels and must rebound, the chief executive of
Ocean Network Express (ONE) has announced the successful delivery of their first-ever 24,000-TEU class “Megamax” vessel. The vessel, named ONE
The National Retail Federation, the world’s largest retail trade association, released a statement on Monday urging the Biden Administration to intervene
The International Longshore Workers’ Union’s local union in Southern California has issued a statement today slamming the actions of foreign ocean
The container shipping industry experienced a significant downturn in global long-term freight rates during the month of May, as the contracted cost of
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
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
By Mike Wackett (The Loadstar) – The Panama Canal Authority (ACP) is to further reduce the maximum draft allowed for vessels transiting the waterway
The World Shipping Council (WSC) has released its annual Containers Lost at Sea report, shedding light on encouraging developments regarding container safety
By Mike Wackett (The Loadstar) – Last week’s announcement by the 2M Alliance partners that they intend to inject nine additional vessels into
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