Wild Swings in Freight Rates the New Normal Amid Uneven Recovery
By Ann Koh (Bloomberg) –Sharp swings in container freight rates are likely to continue this quarter as shipping companies struggle to gauge demand amid
By Ann Koh (Bloomberg) –Sharp swings in container freight rates are likely to continue this quarter as shipping companies struggle to gauge demand amid
By Mike Wackett (The Loadstar) – The Ocean Alliance has overtaken the 2M alliance, adding the market share lead on the Asia-Europe tradelane to its
By Wendell Roelf CAPE TOWN, June 30 (Reuters) – CMA CGM, the world’s fourth-largest container shipping line, will impose emergency congestion
By Mike Wackett (The Loadstar) – Ocean carrier optimism is being driven by higher freight rates and cheaper fuel – but tumbling charter hire costs are
By Mike Wackett (The Loadstar) – Notwithstanding a significant decline in container liftings as a consequence of the global pandemic, ocean carriers have
By Frances Schwartzkopff and Christian Wienberg (Bloomberg) –A.P. Moller-Maersk A/S said the development in the second quarter has been better than the
COPENHAGEN, June 17 (Reuters) – A.P. Moller-Maersk , the world’s top container shipping firm, said on Wednesday that market demand was developing
By Gavin van Marle (The Loadstar) – MSC is set to roll-out a customer carbon offsetting programme it has been trialling since last year. Since early
By Mike Wackett (The Loadstar) – Demolition markets in the Indian subcontinent have now largely reopened and are preparing for a new wave of
PARIS, June 2 (Reuters) – French-based CMA CGM, the world’s fourth-largest container shipping group, said on Tuesday it would aim to become carbon
The Digital Container Shipping Association has published its IoT connectivity interface standards for shipping containers. The DCSA is a neutral, non-profit
The biggest and most powerful LNG-fueled engine ever built has been approved for use on board the first vessel in a series nine 23,000 TEU containerships owned
By Gavin van Marle (The Loadstar) – The container shipping industry could save itself up to $4bn a year if half of all bills of lading (B/Ls) were dealt
FRANKFURT, May 15 (Reuters) – German container liner Hapag-Lloyd on Friday stuck with its full-year earnings guidance but warned that supply disruptions
By Jacob Gronholt-Pedersen and Nikolaj Skydsgaard COPENHAGEN, May 13 (Reuters) – Shipping group A.P. Moller-Maersk warned of a sharp drop in global
By Mike Wackett (The Loadstar) – Ocean carriers are scrambling to cut costs as the demand for liner services continues to plummet, and the off-hiring of
By Gavin van Marle (The Loadstar) The Suez Canal Authority (SCA) is set to lose over $10m in revenue from container lines routing vessels via the Cape of
By Mike Wackett (The Loadstar) – The five-day May Day holiday shutdown in China is adding to capacity adjustment problems for ocean carriers.
HMM has launched its first of twelve 24,000 TEU containerships HMM Algeciras, the world’s largest containership. The ship was officially named during a
SOFIA, April 21 (Reuters) – Pirates attacked a Portugal-flagged ship and kidnapped its Bulgarian captain and seven sailors off the coast of Benin,
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