Container Shipping

Container shipping rates and congestion reports – carrier alliance moves, blank sailings, schedule reliability, and TEU volumes on major trade lanes.

Monday, September 12, 2016
Eugen Maersk ship
Shipping News

Maersk: Hanjin Collapse Is Triggering Short-Term Rate Spike

By Christian Wienberg (Bloomberg) — Maersk Line, the world’s largest container shipping company, is seeing a short-term rise in freight rates and an

September 12, 2016
Total Views: 74

Wednesday, September 7, 2016
shipping containers stacked
News

Globalization of the World Economy Hits a Wall

By Justin Fox (Bloomberg View) — For the first time since early 2014, the dollar value of goods imported and exported by the G20 countries actually grew

September 7, 2016
Total Views: 67

hanjin long beach
Shipping News

Sinking Shipping Lines Won’t Help Buoy Survivors

By David Fickling and Rani Molla (Bloomberg Gadfly) — Here’s some good news for the hard-pressed shipping industry: Of the top 15 container lines

September 7, 2016
Total Views: 29

Sunday, September 4, 2016
Kenya Container Terminal Mombasa
Ports

Kenya Commissions New Mombasa Container Terminal

By Joseph Akwiri (Reuters) Kenya on Saturday inaugurated the first part of a new container terminal at Mombasa which is expected to boost by 50 percent the

September 4, 2016
Total Views: 157

Wednesday, August 31, 2016
Hanjin Shipping's container terminal is seen at the Busan New Port in Busan
News

Hanjin Shipping Files for Receivership as Ports Turn Away its Vessels

By Joyce Lee and Se Young Lee SEOUL, Aug 31 (Reuters) – South Korea’s Hanjin Shipping Co Ltd filed for court receivership on Wednesday after losing

August 31, 2016
Total Views: 125

Tuesday, August 30, 2016
Hanjin Containership In Port
News

South Korea’s Hanjin Shipping Becomes Symbol of Industry in Trouble

By Kyunghee Park and Christian Wienberg (Bloomberg) — Hanjin Shipping Co. is hardly a bellwether in the world of container movers. As lenders halt all

August 30, 2016
Total Views: 100

Thursday, August 25, 2016
containership-with-tug-assist
Defense

Federal Maritime Commission Throws Another Hurdle At The Containership Ocean Alliance

By Mike Wacket (TheLoadstar) It might not be easy for one of the new mega east-west vessel-sharing alliances to appease the regulators. The

August 25, 2016
Total Views: 60

china COSCO America containership
News

China COSCO Posts $1 Billion Loss After Mega-Merger

by Kyunghee Park (Bloomberg) — China Cosco Holdings Co., Asia’s largest container shipping company after a government-led merger last year, posted a

August 25, 2016
Total Views: 127

Hanjin Submits Last-Ditch Bid to Avoid Bankruptcy
News

Hanjin Submits Last-Ditch Bid to Avoid Bankruptcy

By Mike Wackett (The Loadstar) – Hanjin Shipping today submitted a “financial improvement plan” to its creditor banks in a final attempt to avoid

August 25, 2016
Total Views: 45

Thursday, August 18, 2016
Big Data – Top 20 Container Shipping Companies Visualized
Evergreen

Big Data – Top 20 Container Shipping Companies Visualized

Sometimes it's difficult to wrap our brains around large numbers generated by Big Data... like the relative size of shipping companies based on their total

August 18, 2016
Total Views: 385

Wednesday, August 17, 2016
WATCH World’s Loudest Ship Horn Blast Star Wars Theme Song – VIDEO
Evergreen

WATCH World’s Loudest Ship Horn Blast Star Wars Theme Song – VIDEO

One year ago today the 19,224 TEU MV MSC Zoe, one of the world’s biggest containerships, was docking at the Port of Hamburg for its christening and

August 17, 2016
Total Views: 1705

Tuesday, August 16, 2016
Containers and ships sit idle at the Port of Long Beach in this file photo
Shipping News

Carriers Face $5 Billion Annual Loss, Warns Drewry

By Mike Wackett (TheLoadStar) Container lines are enduring a “severe revenue contraction”, said Drewry, after the first six-month turnover figures reported

August 16, 2016
Total Views: 91

Friday, August 12, 2016
maersk ship
News

Maersk Group Net Profit Lags Forecasts

COPENHAGEN, Aug 12 (Reuters) – A.P. Moller-Maersk kept its downbeat 2016 profit forecast on Friday as the Danish shipping and oil giant reported net

August 12, 2016
Total Views: 36

Wednesday, August 3, 2016
Does Sinking Shipping Market Mean End for Ultra-Large Newbuild Orders?
Shipping News

Does Sinking Shipping Market Mean End for Ultra-Large Newbuild Orders?

By Mike Wackett (The Loadstar) — As ocean carriers reel from a disastrous first half this year, they seem to have lost lost their appetite for ordering

August 3, 2016
Total Views: 45

Friday, July 29, 2016
port of Enayam India Container Hub
Ports

Watching China, India Doubles Down On Container Ports

(Reuters) An Indian conglomerate has started building the country’s first transshipment port, conceived 25 years ago, and the government will construct

July 29, 2016
Total Views: 115

Tuesday, July 19, 2016
MSC Oscar
Shipping News

China’s Deserted Road Turns Sorry Substitute for High Seas

By David Fickling (Bloomberg Gadfly) — Think China’s plans to build railways across central Asia will be a boon for global trade? Consider this:

July 19, 2016
Total Views: 55

Thursday, July 14, 2016
hyundai merchant marine
News

Hyundai Merchant Marine to Join Maersk, MSC in 2M Alliance

By Kyunghee Park (Bloomberg) — Hyundai Merchant Marine Co. will join the world’s biggest shipping alliance, meeting all conditions imposed by creditors

July 14, 2016
Total Views: 81

Thursday, July 7, 2016
EU Commission Closes Competition Investigation Against Maersk, MSC, and Others
Shipping News

EU Commission Closes Competition Investigation Against Maersk, MSC, and Others

By Foo Yun Chee BRUSSELS, July 7 (Reuters) – EU antitrust regulators accepted on Thursday an offer from Maersk, the world’s largest container

July 7, 2016
Total Views: 121

Wednesday, June 29, 2016
hapag-lloyd containership
Shipping News

UASC: Shareholders Back Hapag-Lloyd Deal

BERLIN, June 29 (Reuters) – United Arab Shipping Company (UASC) said its six shareholding states backed a merger deal with German container shipping line

June 29, 2016
Total Views: 57

Tuesday, June 28, 2016
EU to Accept Antitrust Offer from Maersk, MSC, and 13 Others, Sources Say
Shipping News

EU to Accept Antitrust Offer from Maersk, MSC, and 13 Others, Sources Say

By Foo Yun Chee BRUSSELS, June 28 (Reuters) – World No.1 container liner Maersk, Swiss peer MSC and 13 other shipping firms are set to escape possible

June 28, 2016
Total Views: 68