containerships

By Mike Wackett (The Loadstar) Ocean carriers are becoming increasingly confident that freight rates will remain high for years and are still chartering

By Mike Wackett (The Loadstar) – CMA CGM has posted a net profit of $1.75bn for 2020, following a loss of $229m the year before, and said it was

PARIS, March 12 (Reuters) – Container shipping group CMA CGM said on Friday that it expected activity to remain strong in the first half of

By Mike Wackett (The Loadstar) – Ocean carriers are enjoying a bull run of profitability, thanks to demand spikes and inflated freight rates, and now

By Vinicy Chan, Christian Wienberg and Aaron Kirchfeld (Bloomberg) — A.P. Moller-Maersk A/S is considering a sale of its refrigerated container business

By Eric Martin (Bloomberg) — The U.S. trade deficit widened to the third-biggest on record in January as imports surged to the highest since mid-2019.

By Mike Wackett (The Loadstar) – Major port and landside congestion at US west coast ports could last until the summer peak season, according to ocean

Seaspan Corporation has announced plans to acquire a pair of 15,000 TEU scrubber-fitted containerships. Seaspan, a wholly owned subsidiary of global asset

By Alaric Nightingale (Bloomberg) — Flip this ship. A variation on that buy-low, sell-high strategy is exactly what some container shipowners are opting

The Maersk Eindhoven has departed Japan for the U.S. West Coast after operations to remove damaged and dislodged containers after its cargo loss last month.

By Thomas Black (Bloomberg) — A cargo traffic jam on the world’s roads, seas and air corridors could easily continue into next year, continuing to

By Brendan Murray (Bloomberg) — A surge of imports into the U.S. economy shows little sign of slowing down, clogging American ports and highlighting

By Eric Martin (Bloomberg) — The U.S. merchandise-trade deficit widened in January as imports climbed to a record high, signaling a continuing recovery

By Mike Wackett (The Loadstar) – Higher fuel costs are triggering increases in ocean carrier bunker surcharges, adding more misery for shippers

By Kim Bhasin, Jordyn Holman and Henry Ren (Bloomberg) — Overwhelmed U.S. ports, elevated freight costs and accidents that sent goods plunging to the

By Mike Wackett (The Loadstar) – Containership charter rates have hit 13-year highs and shipowners are locking these in with carriers on three- and

French shipping giant CMA CGM has announced plans to deploy six new LNG-powered containerships dedicated to the China-U.S. market. Group Chairman and CEO

By Mike Wackett (The Loadstar) – Container freight and charter markets are continuing to boom post-Chinese New Year, and analysts expect favourable

By Enda Curran (Bloomberg) — An ongoing surge in the cost of shipping goods around the world is prompting manufacturers and their customers

By Mike Wackett (The Loadstar) – Ocean carriers are determined to keep container spot rates at their highly elevated levels for as long as possible, as