CMA CGM Sees Container Shipping Slowdown Continuing in 2023
By Augustin Turpin and Dina Kartit March 3 (Reuters) – CMA CGM expects the marked slowdown seen in the fourth quarter of 2022 to continue in the
gCaptain’s full coverage of the global container shipping industry.
By Augustin Turpin and Dina Kartit March 3 (Reuters) – CMA CGM expects the marked slowdown seen in the fourth quarter of 2022 to continue in the
By Mike Wackett in Long Beach (The Loadstar) – Ocean carriers attending the S&P Global TPM conference in Long Beach this week are owning up to
Hapag-Lloyd posted a record $18 billion net profit in 2022 as the German shipping line celebrated its 175th year in business. Higher freight rates and
The top U.S. importers emitted 3.5 million metric tons of greenhouse gases from shipping during the height of the pandemic-driven imports surge in 2021,
GENEVA, March 1 (Reuters) – Global merchandise trade growth slowed at the end of 2022 and was likely to remain weak in the first quarter of
By Lisa Baertlein LONG BEACH, Calif., Feb 28 (Reuters) – The former Amazon.com Inc executive who oversaw the e-commerce company’s transportation
By Mike Wackett in Long Beach (The Loadstar) – One year ago, there were more than 100 ships waiting outside the ports of Los Angeles and Long Beach,
(Bloomberg) — For a sign of how much global trade has slowed, look no further than idled container ships — unused vessel capacity is near the highest
By Lisa Baertlein LONG BEACH, Calif., Feb 27 (Reuters) – Collapsing ocean shipping rates are not all good news for U.S. retailers,
By Barry Parker (gCaptain) – The February 2023 Hellenic American / Norwegian American conference (“HACC / NACC”, referring to the two Chambers of
By Mike Wackett (The Loadstar) – The timing couldn’t be worse: with consumer demand lethargic and inventory stocks stubbornly high, ocean carriers are
The Port of Vancouver is set for a big boost to its container handling capacity following a project to expand DP World’s Centerm Terminal. The Vancouver
Ocean Network Express (ONE), the world’s seventh largest shipping line, has announced plans to equip its entire container fleet with “smart”
Container dwell times at the ports of Los Angeles and Long Beach have continued to return to normal following the easing of the two-year pandemic-driven cargo
By Martina Li in Taiwan (The Loadstar) – Just three months after its launch, Australian start-up Focus Container Line has entered administration as the
Container imports into the U.S. recored the biggest decline in more than a decade last month. In his latest ports report, industry veteran John McCown said
By Mike Wackett (The Loadstar) – Maersk said last week this year’s contract rates for its liner services were “trending towards spot rates” and,
Hong Kong-based container shipping line Orient Overseas Container Line (OOCL) has welcomed its first new ‘megaship’ with the naming ceremony of the
Digital Container Shipping Association (DCSA) announced today that its nine ocean carrier members have committed to the adoption of an electronic bill of
The Port of Savannah saw total cargo volumes dip 11.5 percent last month compared to January 2022 amid reduced orders in retail and manufacturing, the Georgia
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