Container Shipping

Another 7-year-old panamax containership is headed to the breakers, all but solidifying the death of the panamax-class amid global shipping’s

By Mike Wackett (The Loadstar) – Containerships sailing from Asia to North Europe are running “full to the gunnels” ahead of the Chinese New Year

By Kyunghee Park (Bloomberg) — Swim or sink: That’s the message shipping executives in Asia are taking into the new year. Faced with a prolonged trade

South Korean shipping company Hyundai Merchant Marine has signed an agreement with smaller Asia-only carriers Heung-A Shipping and Sinokor Merchant Marine to

By Mike Wackett (The Loadstar) – The next industry casualty of the Hanjin collapse may not be a carrier, but a major non-operating containership owner.

The U.S. Federal Maritime Commission (FMC) has completed its review of the proposed vessel-sharing alliance “THE Alliance”, allowing the grouping

By Jacob Gronholt-Pedersen and Joyce Lee COPENHAGEN/SEOUL, Dec 9 (Reuters) – Doubts about the future of Hyundai Merchant Marine Co Ltd surfaced on Friday

An interesting New York Times video on the story of Malcolm McLean, the former truck driver who invented the shipping container

Hapag-Lloyd on Wednesday held a naming ceremony for the Valparaíso Express, the first of five new 10,500 TEU class post-panamax containerships to enter

By Mike Wackett  (The Loadstar) – Three months after the collapse of Hanjin Shipping, hundreds of shippers have still not received their cargo, even

By David Fickling (Bloomberg Gadfly) — While the global container industry has embarked on a spree of pairings and menages-a-trois over the past 12

By Mike Wackett (The Loadstar) – Shipping circles in Hamburg are abuzz with speculation that the Oetker family will announce this week that it intends to

By Mike Wackett (TheLoadstar) The Asia-Mediterranean trade is still “over-tonnaged”, with headhaul ship utilisation below other major east–west markets,

By Mike Wackett  (The Loadstar) – Hyundai Merchant Marine (HMM) may have to settle for a slot exchange agreement with 2M partners Maersk Line and

By Mike Wackett (The Loadstar) – CMA CGM reported a $268m net loss in the third quarter, despite efforts to focus on higher-paying cargo, bringing the

By Alexander Whiteman in Rotterdam (The Loadstar) – Repositioning empty containers costs the shipping industry $15-$20bn a year – up to 8% of a

PARIS, Nov 18 (Reuters) – CMA CGM, the world’s third-largest container shipping company, posted on Friday another net loss in the third quarter as

TAIPEI, Nov 16 (Reuters) – Taiwan’s government said on Wednesday it will offer to lend struggling local shippers NT$60 billion ($1.9 billion) at

FRANKFURT, Nov 14 (Reuters) – German container shipping group Hapag-Lloyd reported a rise in third-quarter net profit and said it would press ahead with

By David Fickling (Bloomberg Gadfly) — The past week in commodities markets has been like a trip through the looking glass. Gold generally benefits