Container Shipping

gCaptain’s full coverage of the global container shipping industry.


Friday, November 22, 2024
Ports

London Gateway Tapped as Gemini Cooperation’s UK Hub as Felixstowe Misses Out

Maersk and Hapag-Lloyd have selected London Gateway as their primary UK hub for the upcoming Gemini Cooperation, set to launch on February 1, 2025. As part of

November 22, 2024
Total Views: 1182

Shipping

China-Mexico Trade Hits Record Volumes, But Volatility Looms in 2025

The China-Mexico trade route has experienced unprecedented growth in 2024, with shipping volumes surging 18.9% in the first nine months compared to 2023,

November 22, 2024
Total Views: 1173

Shipping

FAK Fantasy: Carriers Struggle to Keep Rates Afloat

Container spot rates were largely unchanged for a third consecutive week, as it became evident that a 15 November rate hike on Asia-Europe trades had failed to

November 22, 2024
Total Views: 1106

Wednesday, November 20, 2024
Shipping

Container Shipping Industry Sees Exponential Profit Surge Driven by Red Sea Situation

The container shipping industry has experienced a remarkable turnaround in the third quarter of 2024, with total net income soaring to $26.8 billion, marking a

November 20, 2024
Total Views: 2413

Shipping

ZIM Rewards Investors with Massive Dividend Payout

Israeli shipping line ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) has reported stellar third-quarter results for 2024 amid record volumes and higher

November 20, 2024
Total Views: 1669

Monday, November 18, 2024
Shipping

Project44: China Imports Surge as U.S. Shippers Navigate Tariffs

New data from supply chain technology provider project44 reveals a significant uptick in U.S. imports from China during this year’s ocean peak season.

November 18, 2024
Total Views: 3529

Friday, November 15, 2024
Shipping

ONE and Seaspan Launch New Technical Ship Management Company, OneSea Solutions

Ocean Network Express (ONE) and Seaspan Corporation (SEASPAN) have announced the establishment of OneSea Solutions (ONESEA), a joint venture set to transform

November 15, 2024
Total Views: 1220

Thursday, November 14, 2024
Featured

Port of Long Beach Shatters All-Time Cargo Record

The Port of Long Beach handled nearly 1 million twenty-foot containers in October, setting new record as the port’s busiest month in its 113-year history.

November 14, 2024
Total Views: 1302

Shipping

Hapag-Lloyd CEO Expects Shipping Strength to Continue

Hapag-Lloyd's CEO said on Thursday he expects continued strength in container shipping volumes, which are driven by global demand for transporting goods and

November 14, 2024
Total Views: 459

French frigate escort. Photo: EUNAVFOR
Shipping

CMA CGM Bends to Customer Pressure, Re-Routes INDAMEX Service Back Around Cape

Pressure from customers has apparently caused French mainline operator CMA CGM to u-turn on plans to operate its INDAMEX (Indian Subcontinent-US East Coast)

November 14, 2024
Total Views: 866

Tuesday, November 12, 2024
Ports

China Dominates U.S. Import Surge as Ports Feel the Heat

In a clear indication of the U.S. economy’s ongoing strength, October’s container imports reached 2,494,635 twenty-foot equivalent units (TEUs),

November 12, 2024
Total Views: 1086

Saturday, November 9, 2024
Shipping

Panama Canal Could Double the Number of Containers Transiting, Says Chief

By Marianna Parraga HOUSTON, Nov 8 (Reuters) – The Panama Canal Authority could double in coming years the number of containers that move through the

November 9, 2024
Total Views: 1951

Friday, November 8, 2024
The LNG-powered containership, the CMA CGM, on the river Elbe near the city of Hamburg, Germany, February 14, 2021. Photo: FrankHH / Shutterstock.com
Shipping

CMA CGM’s Stellar Q3: Revenue Soars Amid Red Sea Rerouting and Market Resurgence

French shipping giant CMA CGM has posted impressive third-quarter results for 2024, reporting $15.8 billion in revenue—a notable 38.5% increase from Q3

November 8, 2024
Total Views: 1357

Shipping

Asia-Europe Container Spot Rates Surge – What’s Fueling the Off-Season Spike?

By Gavin van Marle (The Loadstar) – Despite generally weak cargo demand, spot rates on the Asia-Europe trades continued to show gains this week, as

November 8, 2024
Total Views: 655

Wednesday, November 6, 2024
Shipbuilding

Hapag-Lloyd Orders 24 Dual-Fuel Containerships for $4 Billion

German liner Hapag-Lloyd has inked contracts with two prominent Chinese shipyards for 24 new state-of-the-art containerships valued at around US $4 billion The

November 6, 2024
Total Views: 1687

Shipping

Red Sea Crisis Pushes Idle Containership Fleet to Record Low as Global Demand Soars

As geopolitical turmoil in the Red Sea disrupts traditional shipping routes, the global container fleet has hit a record low in commercially idle capacity,

November 6, 2024
Total Views: 1276

Friday, November 1, 2024
Shipping

GRI Gamble: Carriers Play Hardball with Asia-Europe Spot Rate Hikes

By Gavin van Marle (The Loadstar) – Container shipping lines on the main east-west trades this week managed to reverse 15 weeks of consecutive declines

November 1, 2024
Total Views: 964

Thursday, October 31, 2024
FILE PHOTO: Republican presidential nominee, former U.S. President Donald Trump and Democratic presidential nominee, U.S. Vice President Kamala Harris take part in a presidential debate hosted by ABC in Philadelphia, Pennsylvania, U.S., September 10, 2024 in a combination of file photographs.
Shipping

How the U.S. Election Could Reshape Container Shipping

As the U.S. presidential election nears, Simon Heaney, Senior Manager of Container Shipping at Drewry, has provided insight into how each candidate’s

October 31, 2024
Total Views: 3145

Shipping

ONE Reports Staggering 1000% Profit Surge Amid Global Shipping Challenges

Ocean Network Express (ONE), the world’s sixth-largest ocean carrier by capacity, reported robust financial results for its second quarter of FY2024

October 31, 2024
Total Views: 2008

Tuesday, October 29, 2024
Ports

Labor Drama or Economic Boom? What’s Really Fueling the Surge in U.S. Container Imports

The ten largest U.S. container ports reported a 10.9% year-over-year increase in inbound volumes in September, marking the twelfth consecutive month of

October 29, 2024
Total Views: 936