container shipping

The U.S. House of Representatives has voted 369 to 42 to pass the Senate’s version of the bipartisan Ocean Shipping Reform Act, designed to give the

Fitch Ratings is calling for another solid year for container shipping industry earnings as port congestion will continue to prevent a return to pre-pandemic

By Mike Wackett (The Loadstar) – Despite a softening in demand, container spot rates from Asia to North Europe could be set to spike in the coming

The Port of Long Beach has reported its second busiest month on record in May as it looks ahead to a summer cargo surge that could follow China’s

South Carolina Ports is reporting its 15th conecutive month of cargo records at the Port of Charleston as sustained retail imports continue to drive record

BEIJING, June 9 (Reuters) – China’s exports grew at a double-digit pace in May, shattering expectations in an encouraging sign for the

The U.S. Federal Maritime Commission is launching three new initiatives aimed at assisting U.S. shippers and improving performance in the ocean supply chain.

By Mike Wackett (The Loadstar) – Ocean carriers with a greater percentage of their business focused on the Asia and North America trades are likely to

French shipping giant CMA CGM has placed newbuild orders for 16 dual-fuel containerships, including six powered by carbon neutral methanol—a first for the

Port congestion at Shanghai, home to the world’s busiest port, is returning to normal levels as the city emerges from its two-month COVID-19 lockdown. This

By Ruma Paul (Reuters) – Firefighters in Bangladesh battled for a third day on Monday to stamp out a massive fire that killed 41

By Mike Wackett (The Loadstar) – Long-term container line contract rate agreements have reached new highs and, in some cases, are in excess of spot

By Lisa Baertlein and Tom Polansek June 2 (Reuters) – California port leaders expect imports to rise as Shanghai, home to the world’s busiest

By Mike Wackett (The Loadstar) – With a wave of import containers expected from Shanghai’s reopening and peak season just around the corner, North

FMC Commissioner Rebecca Dye on Tuesday released her long-awaited final report from her fact finding investigation into the effects of COVID-19 on the ocean

Japanese shipping line Ocean Network Express (ONE) has placed an order for ten large containerships with delivery in 2025. Shipbuilding contracts for the

By Mike Wackett (The Loadstar) – With Shanghai on the cusp of unlocking its manufacturing and unshackling frustrated container exports, spot rates from

JAXPORT, aka the Port of Jacksonville, and the US Army Corps of Engineers (USACE) Jacksonville District held a ribbon-cutting ceremony on Monday to mark the

By Mike Wackett (The Loadstar) – There was another new record for ocean carrier earnings in Q1, but with operating costs spiralling and spot rates

Ocean carriers raked in a “mind-bending” $59.3 billion profit in the first quarter of the year—the highest quarterly earnings in container