Congestion at South China Ports Worsens on Anti-COVID-19 Measures
By Muyu Xu and Gabriel Crossley BEIJING, June 11 (Reuters) – Congestion at container shipping ports in southern China is worsening as
By Muyu Xu and Gabriel Crossley BEIJING, June 11 (Reuters) – Congestion at container shipping ports in southern China is worsening as
By Ann Koh (Bloomberg) — Delays from congestion at southern Chinese ports triggered by fresh Covid-19 outbreaks are rippling through global supply
The Port of Los Angeles has become the first port in the Western Hemisphere to handle 10 million twenty-foot equivalent containers (TUE) over a 12-month
By Mike Wackett (The Loadstar) – The availability of containers at southern Chinese ports continues to deteriorate as carriers omit calls due to a wave
The U.K. Marine Accident Investigation Branch says its too early say what exactly is causing the increasing number of container loss incidents in the North
Container volumes at Port of Long Beach broke 900,000 TEU for the first time ever in May as consumer demand continues to show no signs of letting up.
The United States’ top ports for retail imports are expected to report another blockbuster month in May as consumers turn to normal shopping patterns as
By Sam Whelan (The Loadstar) – South China’s port congestion has gone from bad to worse – delays at Yantian are spilling over to nearby Shekou and
By Brendan Murray (Bloomberg) — The top U.S. maritime regulator said stretched global supply chains pushing ocean-freight rates to record highs may stay
French shipping giant CMA CGM, the world’s number three ocean carrier, reported Q1 2021 net profit of $2.1 billion driven by strong demand for consumer
By Mike Wackett (The Loadstar) – The box ship charter market is continuing its bull run, with daily hire rates in some sectors now “out of
BEIJING, June 3 (Reuters) – Major shipping companies have warned clients of worsening congestion at Shenzen’s Yantian port in southern
By Bloomberg News (Bloomberg) — One of the world’s busiest ports could see shipments delayed as a Covid-19 outbreak that earlier closed part of the
By Brendan Murray (Bloomberg) — The cost to move goods in a shipping container to Europe from Asia shot above $10,000 for the first time on record, an
By Gavin van Marle (The Loadstar) – As economies continue to rebound, global container trade is expected to grow by 5.8% this year, according
By Jacob Gronholt-Pedersen (Reuters) Denmark’s Maersk (AMKBY) said on Wednesday it expected its “exceptionally strong” performance in the
Danish shipping conglomerate A.P. Moller – Maersk A/S announced a big upgrade to its full year guidance for the year due to the “exceptional market
By Henry Ren (Bloomberg) Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass
Brendan Murray (Bloomberg) – Now removed from the Suez Canal’s main channel, the Ever Given leaves in its wake several weeks or months of disruptions
By Vera Eckert (Reuters) – Container shipping firm Hapag-Lloyd said surging demand for bulky goods like exercise equipment from locked-down consumers
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