Container Shipping

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


Friday, January 10, 2025
DP World Hits 100 Million TEU Milestone
Ports

DP World Hits 100 Million TEU Milestone

UAE-based DP World has reached a significant milestone in global shipping, surpassing 100 million TEUs of container handling capacity across its worldwide

January 10, 2025
Total Views: 705

Thursday, January 9, 2025
FILE PHOTO: Docked cargo ships are loaded with shipping containers at Port Elizabeth, New Jersey, U.S., July 12, 2023.
Shipping

US East Coast Shipping Rates Expected to Cool After ILA-USMX Deal

A potentially devastating strike at U.S. East Coast and Gulf Coast ports has been averted following a tentative six-year agreement between port workers and

January 9, 2025
Total Views: 424

Wednesday, January 8, 2025
MSC Tessa, one of the world's largest containerships, under construction at Hudong-Zhonghua Shipbuilding in Shanghai, China. Photo courtesy CSSC.
Shipbuilding

Record Containership Orderbook Signals Major Fleet Expansion Through 2029, BIMCO Reports

The container shipping industry is poised for unprecedented growth as its orderbook hits historic highs, with potential major implications for global maritime

January 8, 2025
Total Views: 1528

Thursday, January 2, 2025
French frigate escort. Photo: EUNAVFOR
Shipping

Red Sea Diversions Helped Container Shipping Dodge Overcapacity Crisis

The container shipping industry dodged a potential overcapacity crisis in 2024, thanks to an unexpected savior: the Red Sea crisis that forced vessels to take

January 2, 2025
Total Views: 3664

Monday, December 23, 2024
port of shanghai yangshan at dusk
Ports

Shanghai Becomes First Port to Handle Over 50 Million TEUs

The Port of Shanghai has become first port in the world to handle over 50 million TEUs (twenty-foot equivalent units) in annual container throughput, Xinhua

December 23, 2024
Total Views: 1692

Friday, December 20, 2024
Containership at the Port of Long Beach
Ports

US Container Imports Continue ‘Unusually Strong’ Streak

U.S. container ports recorded their fourteenth consecutive month of growth in November, with inbound volumes surging 13.1% year-over-year across the

December 20, 2024
Total Views: 1385

Soren Toft.
Shipping

MSC CEO Soren Toft Elected as New World Shipping Council Chair

The World Shipping Council (WSC), the largest industry trade association representing the international liner shipping industry, has appointed MSC

December 20, 2024
Total Views: 1126

Tuesday, December 17, 2024
A OOCL containership docks at the Port of Long Beach
Ports

Port of Long Beach on Track to Smash Cargo Record in 2024

The Port of Long Beach is poised to shatter its annual cargo record in 2024, projecting 9.6 million TEUs (Twenty-foot Equivalent Units) by year’s end.

December 17, 2024
Total Views: 1237

Wednesday, December 11, 2024
The busy container port and natural scenery in Shanghai, China
Shipping

Nuance in Ocean Freight Rates Could Be Another Front-Loading Tea Leaf

Ocean freight rates have jumped up  for the December 15-31 bookings signaling a tightness of space due to demand.  Logistics managers tell gCaptain the

December 11, 2024
Total Views: 1546

Monday, December 9, 2024
Port of Oakland
Ports

Port Strike Threat and Trump Tariffs Spark Import Surge at U.S. Container Ports

A potential East Coast and Gulf Coast port strike looming in January, coupled with President-elect Trump’s planned tariff increases, is seen driving

December 9, 2024
Total Views: 1707

Friday, December 6, 2024
cargo ships loading at port of oakland
Shipping

Spot Rate Rollercoaster: Carriers Bank on GRIs Ahead of Lunar New Year

Asia-Europe carriers saw their early December general rate increases (GRIs) stick this week, with spot rates into both North Europe and Mediterranean ports

December 6, 2024
Total Views: 1127

Wednesday, December 4, 2024
Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, next to cranes at the APM Terminals in the port of Algeciras, Spain January 20, 2023. REUTERS/Jon Nazca/File Photo
Shipping

Maersk Sell Ratings Stack Up as Oversupply Concerns Mount

Sell recommendations on A.P. Moller - Maersk A/S shares are piling up as worries return about oversupply in the shipping

December 4, 2024
Total Views: 1746

Monday, December 2, 2024
FILE PHOTO: Container vessel Maersk Hangzhou sails in the Wielingen channel, Westerschelde, Netherlands, July 15, 2018. Rene van Quekelberghe/Handout via REUTERS/File Photo
Shipping

Maersk Orders 20 Dual-Fuel Containerships in Major Fleet Renewal Push

A.P. Moller-Maersk has finalized agreements for 20 new dual-fuel container vessels as part of its ambitious fleet modernization strategy, marking a significant

December 2, 2024
Total Views: 1152

Friday, November 22, 2024
London Gateway Tapped as Gemini Cooperation’s UK Hub as Felixstowe Misses Out
Ports

London Gateway Tapped as Gemini Cooperation’s UK Hub as Felixstowe Misses Out

Maersk and Hapag-Lloyd have selected London Gateway as their primary UK hub for the upcoming Gemini Cooperation, set to launch on February 1, 2025. As part of

November 22, 2024
Total Views: 1172

aerial view of the port of manzanillo.Credit: JRomero04 / Shutterstock.com
Shipping

China-Mexico Trade Hits Record Volumes, But Volatility Looms in 2025

The China-Mexico trade route has experienced unprecedented growth in 2024, with shipping volumes surging 18.9% in the first nine months compared to 2023,

November 22, 2024
Total Views: 1163

Aerial view of containerships at the port of Southampton
Shipping

FAK Fantasy: Carriers Struggle to Keep Rates Afloat

Container spot rates were largely unchanged for a third consecutive week, as it became evident that a 15 November rate hike on Asia-Europe trades had failed to

November 22, 2024
Total Views: 1103

Wednesday, November 20, 2024
French frigate escort. Photo: EUNAVFOR
Shipping

Container Shipping Industry Sees Exponential Profit Surge Driven by Red Sea Situation

The container shipping industry has experienced a remarkable turnaround in the third quarter of 2024, with total net income soaring to $26.8 billion, marking a

November 20, 2024
Total Views: 2407

Jane McAllister works a ZIM containership at the Port of Virginia. Photo courtesy McAllister Towing
Shipping

ZIM Rewards Investors with Massive Dividend Payout

Israeli shipping line ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) has reported stellar third-quarter results for 2024 amid record volumes and higher

November 20, 2024
Total Views: 1650

Monday, November 18, 2024
port of savannah
Shipping

Project44: China Imports Surge as U.S. Shippers Navigate Tariffs

New data from supply chain technology provider project44 reveals a significant uptick in U.S. imports from China during this year’s ocean peak season.

November 18, 2024
Total Views: 3520

Friday, November 15, 2024
cargo ships loading at port of oakland
Shipping

ONE and Seaspan Launch New Technical Ship Management Company, OneSea Solutions

Ocean Network Express (ONE) and Seaspan Corporation (SEASPAN) have announced the establishment of OneSea Solutions (ONESEA), a joint venture set to transform

November 15, 2024
Total Views: 1210