Container Shipping

Container shipping rates and congestion reports – carrier alliance moves, blank sailings, schedule reliability, and TEU volumes on major trade lanes.

Friday, June 11, 2021
Container Terminal Shenzhen in Guangdong
Ports

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

June 11, 2021
Total Views: 3044

Ships Skip Singapore as China Congestion Snarls Supply Chain
Ports

Ships Skip Singapore as China Congestion Snarls Supply Chain

By Ann Koh (Bloomberg) — Delays from congestion at southern Chinese ports triggered by fresh Covid-19 outbreaks are rippling through global supply

June 11, 2021
Total Views: 3708

Thursday, June 10, 2021
containers at port of los angeles
Ports

Port of Los Angeles Processes Record 10 Million TEUs for New Western Hemisphere Record

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

June 10, 2021
Total Views: 2855

Cargo ship Guangdong Port
Shipping

Container Shortage Worsens as Ships Avoid Chinese Ports That Need Empties

By Mike Wackett (The Loadstar) – The availability of containers at southern Chinese ports continues to deteriorate as carriers omit calls due to a wave

June 10, 2021
Total Views: 29311

Wednesday, June 9, 2021
ever smart cargo loss
Accidents

UK Marine Accident Investigation Branch: Too Early to Tell ‘Common Themes’ in North Pacific Container Losses

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

June 9, 2021
Total Views: 6435

A COSCO ship at the port of long beach
Ports

Port of Long Beach Reports Best Month on Record in May

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.

June 9, 2021
Total Views: 1591

U.S. Retail Ports Continue Record Setting Run as Supply Chains Struggle to Keep Up
Ports

U.S. Retail Ports Continue Record Setting Run as Supply Chains Struggle to Keep 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

June 9, 2021
Total Views: 1471

Tuesday, June 8, 2021
Cargo ship Guangdong Port
Ports

South China Ports in Crisis as Congestion Spreads

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

June 8, 2021
Total Views: 9249

U.S. Maritime Regulator Sees Shipping Snarls Lasting to 2022
Ports

U.S. Maritime Regulator Sees Shipping Snarls Lasting to 2022

By Brendan Murray (Bloomberg) — The top U.S. maritime regulator said stretched global supply chains pushing ocean-freight rates to record highs may stay

June 8, 2021
Total Views: 2908

Friday, June 4, 2021
CMA CGM Reports Soaring Profit of $2.1 Billion in First Quarter
Shipping

CMA CGM Reports Soaring Profit of $2.1 Billion in First Quarter

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

June 4, 2021
Total Views: 8430

container ship underway at sea
Shipping

‘Out of Control’ Box Ship Charter Market Continues Bull Run

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

June 4, 2021
Total Views: 3080

Thursday, June 3, 2021
Major Shipping Lines Warn of Worsening Congestion at China’s Yantian Port
Shipping

Major Shipping Lines Warn of Worsening Congestion at China’s Yantian Port

BEIJING, June 3 (Reuters) – Major shipping companies have warned clients of worsening congestion at Shenzen’s Yantian port in southern

June 3, 2021
Total Views: 3804

Tuesday, June 1, 2021
shipping containers
Shipping

Delays Expected at China’s Yantian Port on Covid Outbreak

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

June 1, 2021
Total Views: 6088

Thursday, May 27, 2021
shipping container
Shipping

Container Rates Top $10,000 From Asia to Europe

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

May 27, 2021
Total Views: 4172

Wednesday, May 19, 2021
port of los angeles-long beach. photo REUTERS/Lucy Nicholson
Shipping

Forecast Warns Link Between Container Traffic and Global Economic Growth Could Decline in Recovery

By Gavin van Marle (The Loadstar) – As economies continue to rebound, global container trade is expected to grow by 5.8% this year, according

May 19, 2021
Total Views: 2956

Wednesday, May 5, 2021
Mumbai Maersk at the Port of Tanjin Pelepas
Finance

Maersk Says Mega Ships Will Carry Mega Profits Into 2022

By Jacob Gronholt-Pedersen (Reuters) Denmark’s Maersk (AMKBY) said on Wednesday it expected its “exceptionally strong” performance in the

May 5, 2021
Total Views: 7442

Monday, April 26, 2021
maersk ship
Shipping

Maersk Upgrades Full-Year Guidance by Billions

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

April 26, 2021
Total Views: 7230

Monday, April 12, 2021
Mumbai Maersk Containership
Shipping News

High Shipping Costs Are Here to Stay, Says Bloomberg

By Henry Ren (Bloomberg) Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass

April 12, 2021
Total Views: 4419

Tuesday, March 30, 2021
End of Suez Snarl Marks Beginning of New Stress on Global Trade
Shipping News

End of Suez Snarl Marks Beginning of New Stress on Global Trade

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

March 30, 2021
Total Views: 5988

Friday, February 19, 2021
Hapag-Lloyd Container-ship BOSTON EXPRESS
News

Hapag-Lloyd CEO Says Container Crunch Could Resolve In Q2/Q3

By Vera Eckert (Reuters) – Container shipping firm Hapag-Lloyd said surging demand for bulky goods like exercise equipment from locked-down consumers

February 19, 2021
Total Views: 2192