Surprise Cargo Surge Could Surpass Last Year’s Holiday Period
By Richard Weiss and Christopher Jasper (Bloomberg) — Freight carriers including container shippers and cargo airlines say global demand is building
By Richard Weiss and Christopher Jasper (Bloomberg) — Freight carriers including container shippers and cargo airlines say global demand is building
By Vera Eckert FRANKFURT, Nov 13 (Reuters) – German container liner Hapag-Lloyd AG is confident of achieving higher earnings in 2020 as lower fuel prices
By Mike Wackett (The Loadstar) – With freight rates soaring, ocean carriers are prepared to pay more than double previous daily hire rates for chartered
By Brendan Murray (Bloomberg) — The humble shipping container has a new status in the Covid-19 pandemic: hot commodity. Shortages of the ribbed steel
By Mike Wackett (The Loadstar) – With shippers facing skyrocketing container freight rates and premium fees across main and secondary trades, ocean
A containership belonging to Ocean Network Express is being rerouted to the Port of Tacoma after containers collapsed on board during a transpacific voyage. A
Hong Kong-based container shipping company Orient Overseas Container Lines has placed shipbuilding orders for seven additional 23,000 TEU megaships at Chinese
By Ann Koh and Heesu Lee (Bloomberg) –One of the largest container port operators is calling on the shipping industry to tackle a growing yet often
JERUSALEM, Oct 21 (Reuters) – Israeli shipping firm Zim said on Wednesday it would start to offer direct service to Jebel Ali port in the United Arab
Seaspan Corporation, a leading containership owner and operator, says it has secured a $1.8 billion sustainability-linked loan, marking a first of its kind in
By Michael Hirtzer (Bloomberg) — With the U.S. importing more goods than it’s exporting, shipments of American cotton, grain and hay are getting
Two of the world’s leading global container carriers MSC Mediterranean Shipping Company and CMA CGM are now fully plugged in to the TradeLens
The world’s first natural gas-powered containership has also just set a new world record for the highest number of full containers loaded on a single
By Rami Amichay HAIFA, Israel, Oct 12 (Reuters) – The ship-to-shore crane paused above the cargo ship just arrived from Dubai, then set its load down on
By Irene García Pérez and Libby Cherry (Bloomberg) –French shipping giant CMA CGM SA has found a window of opportunity to refinance its debt due in
HMM’s twelve new 24,000 TEU megaships carried a full load of containers during their maiden voyages from China to Europe, the South Korean shipping
The MOL Charisma is back underway today following a fire in a cargo hold earlier this month off Sri Lanka. Hapag-Lloyd confirmed the incident in a Sept 3
COPENHAGEN, Sept 1 (Reuters) – Maersk will cut jobs in a major shake-up that will affect a third of the shipping giant’s staff as it seeks to
By Mike Wackett (The Loadstar) Ocean carriers are scrambling to charter larger containerships to take advantage of skyrocketing freight rates caused by a spike
By Mike Wackett (The Loadstar) – Due to continued increased demand, THE Alliance is extending its Asia – North Europe ‘extra loader’ programme with
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