Cascading Tonnage Threatens Smaller Box Ships
By Mike Wackett (The Loadstar) – Ocean carriers are busy cascading bigger ships on to secondary trades in order to absorb some of their surplus tonnage
By Mike Wackett (The Loadstar) – Ocean carriers are busy cascading bigger ships on to secondary trades in order to absorb some of their surplus tonnage
By Laura Curtis (Bloomberg) A year ago this week, a record 109 container ships carrying US imports surrounded the twin ports of Los Angeles and Long Beach,
By Ira Breskin – With operators of feeder containerships likely in 2023 to reduce capacity of vessels serving secondary ports, they effectively would cut
By Mike Wackett (The Loadstar) – The idled containership fleet has breached the 1m teu capacity milestone – and is set to jump significantly higher as
By Mike Wackett (The Loadstar) – The number of carrier-controlled container vessels in lay-up is increasing exponentially as liner networks are
By Kevin Varley Jul 4, 2022(Bloomberg) –Typhoon Chaba has upset shipping after passing through the Hong Kong area over the weekend, creating a blip
By Joyce Lee and Florence Tan SEOUL, June 2 (Reuters) – Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled its order book for
By Laura Curtis (Bloomberg) — U.S. importers, straining under a tapped-out supply chain, are increasingly offering top dollar for long-term shipping
With the continued fighting in the Ukraine, and the uncertainties surrounding sanctions, port closings, embargoes, and other disrupters, the shipping markets
If the container shipping market is showing signs softening, ship charter rates have yet to receive the memo. The HARPEX index, which tracks pricing in the
Greek containership operator Euroseas has announced its latest head-turning charters for two of its ships at “more than twice” the rate their
Containership leasing company Seaspan Corporation announced Monday it has entered into an agreement with another for ten new containerships, bringing its
The Ever Ace, the unofficial new title holder for the rank of the world’s largest container ship, has made its maiden call in the United Kingdom.
By River Davis and Tsuyoshi Inajima (Bloomberg) — In just two decades from now, half of all domestic ships plying Japan’s coastal waters may be
By Mike Wackett (The Loadstar) – Despite a 30% spike in prices for scrap, just 1,300 teu of cellular tonnage was sold for demolition in the past 60
Cosco Shipping has announced a $1.5 billion order for ten new containerships. The order was placed by COSCO Shipping Holdings at COSCO Shipping’s
Hong Kong-based Seaspan Corporation today announced that it has entered into agreements for the construction of two new 12,000 TEU containerships, bringing its
Hapag-Lloyd has ordered another six ultra-large containerships in South Korea. The vessels, ordered from Daewoo Shipbuilding & Marine Engineering (DSME),
French shipping giant CMA CGM, the world’s number three ocean carrier, reported Q1 2021 net profit of $2.1 billion driven by strong demand for consumer
By Brendan Murray (Bloomberg) — The cost to move goods in a shipping container to Europe from Asia shot above $10,000 for the first time on record, an
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