Shippers Brace for Asia-Europe Blanked Sailings as Rates Rise
By Gavin van Marle (The Loadstar) – It was just over a month ago that forwarders began to realise significant disruption was on the way for the
gCaptain’s full coverage of the global container shipping industry.
By Gavin van Marle (The Loadstar) – It was just over a month ago that forwarders began to realise significant disruption was on the way for the
Companies transporting goods from Asia face costs of as much $10,000 for an urgent full-size shipping container over the next month — about double current
(Bloomberg) — Global goods trade is showing signs of accelerating after last year’s slump, pushing up shipping rates and giving some supply-chain
By Gavin van Marle (The Loadstar) – The sense of genuine anger amongst North European shippers and freight forwarders was palpable this week as they
The container shipping industry has reported profits of $5.4 billion in the first quarter of 2024, marking an impressive turnaround following six consecutive
By Tara Patel (Bloomberg) — CMA CGM SA, the world’s third-largest container line, is expecting a decline in ocean freight rates as new vessel
By Gavin van Marle (The Loadstar) – “You take away all sense and rationale. And whatever is left, is the container shipping market,” said Peter
In April 2024, U.S. container import volumes rose by 3.0% from March and 9.3% year-on-year, indicating a strong economy despite global instability, according
The shipping industry has witnessed a record delivery of 1 million Twenty-foot Equivalent Unit (TEU) of container ship capacity in the first four months of
Inbound cargo volume at the United States’ major container ports is expected to stay above 2 million Twenty-Foot Equivalent Units (TEUs) through the summer
By Alex Lennane (The Loadstar) – Forwarders are warning customers that demand on Asia-Europe ocean trades is beginning to look a lot like the pandemic
By Gavin van Marle (The Loadstar) – A strengthening demand scenario on the Asia-European trades appears to have caught carriers and forwarders by
Ocean carriers are walking a tightrope between risk and reward in new long-term contract negotiations, as uncertainty in the Red Sea continues to cast a shadow
A.P. Moller – Maersk has revised its financial guidance for 2024 after a strong Q1. The company now expects an underlying EBIT of USD -2.0 to 0.0 billion
Alphaliner reports a record month for containership newbuild deliveries in April, surpassing the previous record set in March. A staggering 50 new ships were
Hapag-Lloyd has launched real-time container tracking on most of its nearly 3 million strong fleet, becoming the first container shipping line to introduce a
The Zero Emission Maritime Buyers Alliance (ZEMBA) announced the successful completion of its first ever tender for sustainable ocean shipping, marking a
By Gavin van Marle (The Loadstar) – The main US ports enjoyed another stellar month in March, according to new figures from noted analyst John McCown
March witnessed an upswing in trade at the Port of Long Beach, marking the seventh month in a row of year-over-year cargo growth. Last month, dockworkers and
The Port of Los Angeles reported a 19% increase in container units handled in March, marking the eighth consecutive month of year-over-year growth. The port
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