Carriers Axe 3 Million TEU Capacity from Key Asia-Europe and Transpacific Routes
By Mike Wackett (The Loadstar) – Headhaul capacity withdrawn by Asia-Europe and transpacific carriers has reached 3m teu, according to a survey by
By Mike Wackett (The Loadstar) – Headhaul capacity withdrawn by Asia-Europe and transpacific carriers has reached 3m teu, according to a survey by
By Mike Wackett (The Loadstar) – Idled containership capacity is expected to reach a record high of 3m teu within weeks, in the “worst capacity
A major accident was caught on camera today at the Port of Busan today when a containership struck multiple shoreside gantry cranes and another ship while
By Gavin van Marle (The Loadstar) – The container shipping industry could lose as much as $23bn this year from reduced demand in the wake of the
By Ian Putzger in Toronto (The Loadstar) – The repercussions of Covid-19 have begun to hit US imports. As retail outlets, as well as many manufacturing
A 334-meter containership has run aground on the Lower Mississippi River near Poydras, Louisiana. The U.S. Coast Guard reports that watch standers at
By Ira Breskin – The world’s container shipping industry is well-positioned to withstand the COVID-19 -induced downtown, say industry experts. Speakers
By Jen Skerritt (Bloomberg) — A shipping container shortage that’s left everything from Thai curry to Canadian peas idling in ports may be about to
By Mike Wackett – MSC is deploying the world’s biggest ships to evacuate empty containers from China to the US, as carriers on the transpacific try
The Digital Container Shipping Association (DCSA) has rolled out its cyber security guidance to prepare shipowners and vessels for the International Maritime
PARIS, March 6 (Reuters) – French shipping group CMA CGM said its operations in China were returning to normal after the coronavirus
By Gavin van Marle (The Loadstar) – Freight forwarders sending goods out of Europe to Asia face one of the tightest capacity crunches in living memory
Hong Kong-based owner and operator Seaspan has surpassed the one million TEU mark with the purchase of four modern containerships for approximately $367
A group of Asia’s top shipping lines are launching a new transatlantic service connecting the Eastern Mediterranean with ports along the U.S. East Coast.
A Maersk containership broke down and began drifting shortly after departing Algeciras, Spain to Newark, New Jersey. Maersk said in a Jan. 30 customer
Update: The sick crew members on board the CMA CGM Ural have recovered and coronavirus has been ruled out, according to a spokesperson with CMA CGM.
The owner of the Ocean Network Express containership has declared general average following an engine room fire in the Malacca Straits in early January, ONE
By Kyunghee Park (Bloomberg) –Container-shipping companies, some of the biggest polluters of the world’s oceans, are managing to pass higher costs onto
By Mike Wackett (The Loadstar) – 2020 will prove another challenging year for ocean carriers in terms of capacity management, according to Drewry.
By Mike Wackett (The Loadstar) – CMA CGM shortsea subsidiary Containerships has received its fourth LNG-powered vessel, the 1,380 teu Containerships
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