Ocean Carriers Face Opportunity to Break ‘Boom-and-Bust’ Cycle
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 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
By Mike Wackett (The Loadstar) – Ocean carriers and containership owners are in the midst of the richest vein for the liner sector in over a
The U.S. Federal Maritime Commission is ordering ocean carriers and marine terminal operators to supply information to determine if legal obligations related
By Brendan Murray (Bloomberg) — The trade gateways in the U.S. Pacific Northwest that handle the flow of containers, cars and commodities are standing
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