Container Shipping

By Mike Wackett (The Loadstar) – Container lines are estimated to have made an accumulated profit of $7bn last year and, according to Drewry, should

A 293-meter containership is adrift off British Columbia, Canada after suffering an engine fire which knocked out power to the vessel. Canadian search and

The Port of Savannah grew its volumes by more than 400,000 twenty-foot equivalent container units in 2017, for a record total of 4.04 million TEUs. The U.S.

By Mike Wackett (The Loadstar) – The number of containerships in lay-up has dipped below 100, according to Alphaliner. Its latest survey reveals strong

HAMBURG, Jan 18 (Reuters) – German shipping group Hapag-Lloyd sees demand for transport growing 4 percent in 2018 and expects more shipping firms to

By Jacob Gronholt-Pedersen COPENHAGEN, Jan 16 (Reuters) – The world’s largest container shipping firm A.P. Moller-Maersk is teaming up with IBM to

By Mike Wackett (The Loadstar) – Escalating fuel prices are posing a renewed risk to carrier profitability, adding to the twin threats of new

By Mike Wackett (The Loadstar) – Where contracts allow, ocean carriers are starting to postpone deliveries of new ultra-large container vessels (ULCVs)

By Kyunghee Park (Bloomberg) — Container shipping companies are bracing for a challenging year — they will have more space available for

By Mike Wackett (The Loadstar) – The containership charter market has entered 2018 in a much healthier state than it was a year ago, but shipowners

By Gavin van Marle (The Loadstar) – The Ocean Alliance is facing a profound network shake-up as its members prepare to welcome a large tranche of

By Mike Wackett (The Loadstar) – The ‘jumbo-isation’ of containerships is back in fashion, with MSC and CMA CGM reportedly planning to upgrade 21

By Gavin van Marle (The Loadstar) – London Gateway is to lose one of its much-prized Asia-Europe services next year after THE Alliance partners unveiled

By Dhwani Pandya and Anirban Nag (Bloomberg) — The world’s largest container shipping line says international freight rates are reversing after

By Mike Wackett (The Loadstar) – The number of containerships in hot or cold lay-up has fallen to 114, from 136 in the past two weeks. According to

Danish shipping giant Maersk says it has completed its acquisition of German rival Hamburg Süd in a deal valued at approximately $4 billion. The close of the

By Mike Wackett (The Loadstar) – A 23% increase in containers lifted allowed Cosco to steal the top spot from Maersk Line in the third quarter. The

By Tom Metcalf and Devon Pendleton (Bloomberg) — A shopping spree by two billionaires is shaking up a shipping industry still recovering from

By Kyunghee Park (Bloomberg) — CMA CGM Group, the world’s third-largest container shipping company, gave Chief Executive Officer Rodolphe Saade the

PARIS, Nov 21 (Reuters) – France will support the uptake of liquefied natural gas (LNG) as a cleaner fuel for ships by encouraging ports to develop the