Carriers Announce Asia-Europe Blankings for Chinese New Year
By Mike Wackett (The Loadstar) – Ocean carriers are to cancel several headhaul sailings to North Europe around the Chinese New Year holiday next month.
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.
By Mike Wackett (The Loadstar) As Asia-Europe container spot rates continue to skyrocket, shippers and freight forwarders are accusing carriers of breaching
By Mike Wackett (The Loadstar) – The final Shanghai Containerized Freight Index (SCFI) for 2020, published on 31 December, recorded a staggering 190%
What a year! With 2020 coming to a close, we’re taking a look back at the maritime stories that continued to make headlines all year long. IMO 2020 The
Japan-based shipping line Ocean Network Express has announced plans for the long-term charter of the world’s largest containerships. The company has
By Brendan Murray (Bloomberg) – Container shipping, the backbone of the global trading system, is showing signs of fatigue as the pandemic descends
By James Davey LONDON, Dec 17 (Reuters) – Britain’s retailers and food manufacturers have called on lawmakers to urgently investigate ongoing
German container shipping group Hapag-Lloyd has raised its earnings forecast on a better-than-expected fourth quarter. The company said it now expects EBITDA
By Justin Fox (Bloomberg Opinion) — The two busiest ports in the U.S., the neighboring facilities of Los Angeles and Long Beach, have been setting new
LONDON, Dec 2 (Reuters) – Soren Toft on Wednesday started his role as chief executive of Swiss headquartered container group MSC’s shipping and
By Alex Lennane (The Loadstar) – The US Federal Maritime Commission (FMC) has tightened the screws on the three major ocean carrier alliances,
PARIS, Nov 20 (Reuters) – Container shipping group CMA CGM said on Friday shipping activity remained strong in the final quarter of 2020 after a
By Lisa Baertlein LOS ANGELES, Nov 18 (Reuters) – Record cargo imports are causing delays that are rippling from the nation’s busiest U.S. port
SINGAPORE, Nov 18 (Reuters) – Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe,
By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S has launched a $1.6 billion share buyback program, as the world’s biggest container shipping
By Alastair Reed (Bloomberg) –A.P. Moller-Maersk A/S raised its guidance for a second time since October as the world’s biggest container shipping
By Mike Wackett (The Loadstar) – Container freight rates from Asia to Europe are going through the roof, mirroring the trend on the transpacific, with
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