Container Shipping

Despite efforts from industry and government, mis-declared dangerous goods continue to cause fires and explosions on board containerships, endangering lives

The Port of Savannah handled 413,300 TEUs in August, down 28 percent from August 2022, the Georgia Ports Authority’s busiest month on record. However,

By Mike Wackett – Container spot rates from China to North Europe are in freefall with average rates dipping below $1,000 per 40ft this week having lost

By Mike Wackett (The Loadstar) – As global freight rates continue to fall, container shipping lines are being hit by a huge spike in fuel costs. This

Two of the world’s largest container shipping companies, A.P. Moller – Maersk and CMA CGM, have joined forces to speed up the green transition in

The Port of Los Angeles saw a 3% increase in cargo volumes in August compared to the same period last year, marking the port’s first monthly

By Mike Wackett (The Loadstar) – Container spot indices are showing a sea of red ink this week, with short-term freight rates down on all the major

BERLIN, Sept 14 (Reuters) – Hapag-Lloyd CEO Rolf Habben Jansen said on Thursday that it would not be in the container shipper’s interest to make

Peak shipping season got off to a modest start at the Port of Long Beach. The port has reported handling 682,312 TEUs last month, making for a 15.4% decline

Import cargo volume at major US container ports is expected to reach 2 million TEUs in September and October, signaling retailers’ optimism for the

(Bloomberg) — The global trade finance gap jumped to a record $2.5 trillion last year, as heightened economic risks left banks’ financing capacity

Dockworkers on the U.S. West Coast have voted to ratify a tentative contract agreement reached in June with port employers represented by the Pacific Maritime

A new study has found that climate warming greenhouse gas emissions increase when imported cargo from Asia is diverted away from U.S. West Coast ports to the

By Mike Wackett (The Loadstar) – The second-quarter results of the major container lines were significantly down from the year before, but nonetheless

By Mike Wackett (The Loadstar) – Ocean carriers are giving back their recent Asia-North Europe FAK rate increases via heavy discounts for October

By Lisa Baertlein LOS ANGELES, Aug 23 (Reuters) – During the worst shipping delays of the early pandemic, consumer and transportation

The Port of Los Angeles moved 684,291 Twenty-Foot Equivalent Units (TEUs) in July as cargo volumes declined 27% compared to last year’s record month.

As ports across the country grapple with falling cargo volumes, Port Houston is marking its busiest July on record as both imports and exports gained over last

By Mike Wackett (The Loadstar) – Container spot rates on the transatlantic came under renewed pressure this week, obliging ocean carriers to cut

DUBAI, Aug 17 (Reuters) – Dubai’s state-owned ports giant DP World said on Thursday its first-half profit fell nearly 10% from a