container shipping

Tuesday, June 14, 2022

Ocean Shipping Reform Act Headed to President Biden’s Desk After Passing House

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

June 14, 2022
Total Views: 2940

Monday, June 13, 2022
port of los angeles and long beach

Fitch: Port Congestion Will Prevent Container Shipping’s Return to Normal in 2022

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

June 13, 2022
Total Views: 3206

Friday, June 10, 2022

Spot Rates Set to Spike as Strikes and Congestion Hit North Europe

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

June 10, 2022
Total Views: 834

Thursday, June 9, 2022
A cargo ship is moored in the Port of Long Beach while cranes retrieve cargo containers from the ship

Port of Long Beach Reports Second-Busiest Month Ahead of Summertime Cargo Surge

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

June 9, 2022
Total Views: 2431


Port of Charleston Imports Jump 18% in May

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

June 9, 2022
Total Views: 816


China’s Exports Surge on Easing COVID Restrictions

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

June 9, 2022
Total Views: 677

Wednesday, June 8, 2022

FMC Launches New Initiatives to Help Shippers with Supply Chain Challenges

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.

June 8, 2022
Total Views: 624


Major Transpacific Carriers Expect Contract Earnings to Soar in Second Half

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

June 8, 2022
Total Views: 723

Monday, June 6, 2022
lng bunkering rotterdam

CMA CGM Orders Its First Methanol-Powered Containerships

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

June 6, 2022
Total Views: 1959

port of shanghai yangshan at dusk

Shanghai Port Waiting Times Returning to Normal -VesselsValue

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

June 6, 2022
Total Views: 1668

Fire Incidents

Bangladesh Battles Container Depot Fire That Killed 41

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

June 6, 2022
Total Views: 1791

Friday, June 3, 2022

Shippers ‘Bled Dry’ as Long-Term Contract Rates Soar Above Spot

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

June 3, 2022
Total Views: 2076


California Ports Prepare for Cargo Surge as Shanghai Reopens

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

June 3, 2022
Total Views: 1802

Wednesday, June 1, 2022

North Europe Container Ports at Capacity Ahead of Peak Season

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

June 1, 2022
Total Views: 1302

Tuesday, May 31, 2022
port of los angeles

FMC Fact Finding Investigation Finds ‘Vigorous’ Competition in Container Shipping

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

May 31, 2022
Total Views: 8375

Aerial drone photo of a ONE containership underway

ONE Orders Ten Large Containerships in South Korea and Japan

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

May 31, 2022
Total Views: 3670

Friday, May 27, 2022

China’s COVID Lockdowns: Is the Shanghai ‘Bullwhip’ Ready to Crack?

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

May 27, 2022
Total Views: 1805

Wednesday, May 25, 2022

Deepened JAXPORT Ready to Take On Bigger Ships

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

May 25, 2022
Total Views: 1544

Catstyecam /

Ocean Carriers’ Golden Summer May Be Postponed as Profits Plateau

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

May 25, 2022
Total Views: 1230

Friday, May 20, 2022

Container Shipping Earned ‘Mind-Bending’ $59.3 Billion Quarterly Profit -McCown

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

May 20, 2022
Total Views: 4546