Shipping Snarls Force Global Trading to Look Outside the Box
By Enda Curran (Bloomberg) — An ongoing surge in the cost of shipping goods around the world is prompting manufacturers and their customers
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
By Brendan Murray and Kyunghee Park (Bloomberg) — Some of the world’s largest container-shipping lines are ordering new vessels amid surging demand
Hapag-Lloyd expects operating profit to more than triple in the first quarter of 2021 on “exceptionally” strong demand for container transportation
By Mike Wackett (The Loadstar) – The 2M alliance has announced a further blank sailing this week from Asia to North Europe to use the vessel on another
Israeli shipping company ZIM has announced a strategic chartering agreement with Seaspan for the long-term charter of ten 15,000 TEU-capacity containership
By Mike Wackett (The Loadstar) – South Korean ocean carrier HMM has posted its first annual profit for five years, despite a decrease in its
By Brendan Murray (Bloomberg) — Companies that violate U.S. supply-chain rules around inundated American ports may be penalized, according to a key
Hong Kong-based containership owner and operator Seaspan has announced it has entered into an agreement with a major shipyard for the construction of two
Hapag-Lloyd says it has concluded its first ever green financing deals for six ultra-large containerships currently on order. The two transactions include a
By Brendan Murray (Bloomberg) — Dockworkers at the busiest U.S. gateway for trade with Asia may soon have better access to coronavirus vaccines, as
By Mike Wackett (The Loadstar) – Yang Ming has taken charge of the fourth in the series of ten 12,690 teu neo-panamax vessels three
By Brendan Murray, Ann Koh and Richard Weiss (Bloomberg) — Soaring freight rates and delivery delays have sparked a global backlash by companies
By Mike Wackett (The Loadstar) – Ocean carriers are to cancel several headhaul sailings to North Europe around the Chinese New Year holiday next month.
MSC Mediterranean Shipping Company is taking the unusual step of covering costs related to the fire on board the Maersk Elba in order to avoid General Average.
By Mike Wackett (The Loadstar) – A very strong fourth-quarter 2020 operational update from OOCL is an indicator of the rich vein of
By Mike Wackett (The Loadstar) – Major forwarders are engaged in fierce bidding wars in China, in order to secure equipment and space to North Europe.
Stay informed with the latest maritime and offshore news, delivered daily straight to your inbox
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up