containerships

Global freight rates will remain high in the short term, but will moderate in the longer term once shipping supply-chain disruptions are cleared and more new

German shipping company Hapag-Lloyd has placed an order for 150,000 twenty-foot equivalent containers amid the pandemic-fueled container crunch in Asia and

By Mike Wackett (The Loadstar) – After cumulative ocean carrier profits exceeded some $9bn for the final quarter of 2020, the returns for the liner

By Mike Wackett (The Loadstar) – There are reports of “sharp increases” in Asia-Europe container spot rates this week, as the fallout from the

By Brendan Murray (Bloomberg) — Robust demand for shipping goods across the world’s oceans shows no signs of slowing down, the chief executive of

The Port of Long Beach reported its busiest month ever in March as imports continue to pour into U.S. seaports. The Port of Long Beach says the new record

By Mike Wackett (The Loadstar) – Ocean carriers enjoyed their best quarter in container shipping history in the final three months of 2020, but

A Dutch-registered containership was doing circles in the North Sea off the Wadden Islands after the ship’s rudder apparently got stuck. The Netherlands

A 366-meter containership belonging to MSC Mediterranean Shipping Company has broken down in the Pacific Ocean after reporting a fuel quality issue and the

South Carolina Ports handled the most cargo in its history in March, with the Port of Charleston handling record volumes as the new Hugh K. Leatherman Terminal

Containership leasing company Seaspan Corporation says it has entered into an agreement to acquire two secondhand 8,500 TEU scrubber-fitted containerships on

Supply chain bottlenecks in global shipping and semiconductor markets are adding to near-term pressures on inflation, says Fitch Ratings in a new report

The Georgia Ports Authority has approved projects to increase annual capacity at the Port of Savannah beyond 6 million twenty-foot equivalent container units,

Update – April 1, 2021: Maersk reports that repairs to Maersk Eureka have been completed and the ship is undergoing sea trials to ensure its safe

Seaspan Corporation, a leading owner and operator of containerships, is adding to its newbuild order book with an order for six 15,500 TEU containerships. The

By Mike Wackett (The Loadstar) – Ocean carriers have been warned not to take advantage of the capacity crunch resulting from the Suez blockage to

By Mike Wackett (The Loadstar) – Container spot rates from Asia to Europe look set to surge again, as carriers are obliged to blank sailings in

This article was originally published in 2019. It has been reposted to provide context to the Ever Given situation in the Suez Canal. Also read Part 2:

By Christian Wienberg (Bloomberg) — The chairman of A.P. Moller-Maersk A/S, Jim Hagemann Snabe, says it’s proving difficult to get enough women to

Taiwanese shipping company Evergreen Marine Corporation (EMC) has announced plans to build twenty containerships of 15,000 TEU capacity each. The order was