Carriers’ Failure to Boost Spot Prices Could Threaten Contract Rates
By Mike Wackett (The Loadstar) – Ocean carriers aim to have at least 50% of their business fixed by way of annual contracts, which are generally agreed
gCaptain’s full coverage of the global container shipping industry.
By Mike Wackett (The Loadstar) – Ocean carriers aim to have at least 50% of their business fixed by way of annual contracts, which are generally agreed
By Mike Wackett (The Loadstar) – According to CMA CGM, westbound transatlantic ocean rates have now hit “unsustainable levels”. The French carrier
By Mike Wackett (The Loadstar) – Drewry’s WCI container spot rate index was a sea of red ink again this week, ahead of a planned wave of ocean carrier
APM Terminals, the terminal operating arm of A.P. Moller Maersk, and DP World have announced a joint initiative aimed at expediting the decarbonization of port
By Mike Wackett (The Loadstar) – US domestic and transpacific carrier Matson has reported “solid freight demand, despite the muted peak season” in
By Mike Wackett (The Loadstar) – There is welcome news for Asia-North Europe carriers, with signs of improving demand on the troubled tradelane as
The Port of Long Beach has reported its busiest September ever, driven by high consumer demand for holiday-related goods and the recent approval of a labor
By Jonathan Saul JERUSALEM, Oct 17 (Reuters) – Taiwanese container shipping line Evergreen has declared force majeure on a shipment to the
BERLIN, Oct 14 (Reuters) – The head of German shipping firm Hapag Lloyd HLAG.DE, Rolf Habben Jansen, expects the next three years to be difficult
By Alexander Whiteman (The Loadstar) – The European Commission’s decision not to renew the Consortia Block Exemption Regulation (CBER) after more
In light of the ongoing war in Israel, Israeli shipping ZIM has alerted customers about possible service disruptions. Despite the challenging situation, ZIM
International liner shipping group the World Shipping Council says liner operators’ loss of their exemption from EU rules against
The nation’s major container ports have already reached their anticipated peak for import cargo volume this year, signaling a gradual slowdown as the
By Mike Wackett (The Loadstar) – Asia-North Europe carriers took advantage of the Chinese national holiday this week to announce new headhaul FAK rates,
By Mike Wackett (The Loadstar) – Following Hapag-Lloyd’s announcement on Monday of a huge hike in its Asia-Europe FAK rates, CMA CGM has advised
Tech giant Apple is taking steps to further reduce its carbon emissions by increasing its use of ocean shipping. This initiative is part of Apple’s
(Bloomberg) — They are relatively easy to fake. Frequently get lost. And can add huge amounts of time to any journey. Yet paper documents still rule
MILAN, Oct 2 (Reuters) – Shipping group MSC has entered into a binding agreement to acquire a 50% stake in Italian passenger
German shipping line Hapag-Lloyd has christened the first of 12 new Hamburg Express-class containerships. With a length of almost 400 meters and a capacity of
French shipping giant CMA CGM has reportedly placed another significant order for methanol-powered containerships, bringing its methanol-fueled orderbook to 34
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