containerships

By Mike Wackett (The Loadstar) – Shippers must brace themselves for at least two more years of elevated freight rates and tight supply, according to

The world’s largest container shipping line A.P. Moller – Maersk reported an “exceptionally strong” first quarter, with the company

Japanese ocean carrier Ocean Network Express (ONE) reported a profit of nearly $3.5 billion in FY2020 thanks to ongoing the COVID-19 economic recovery starting

By Mike Wackett (The Loadstar) – Shippers are bracing for a further broadside of rate increases in June across multiple trades, as ocean carriers beef

French container shipping group CMA CGM has announced a new order for 22 ships ranging in size and fuel type. The order was placed with China State

Danish shipping conglomerate A.P. Moller – Maersk A/S announced a big upgrade to its full year guidance for the year due to the “exceptional market

By Mike Wackett (The Loadstar) – Container freight indices are on the rise again, but even at their highly elevated levels they mask the true cost of

By Mike Wackett (The Loadstar) – Carriers are “scraping the bottom of the barrel” for available tonnage, as the percentage of the global

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