Saturday, August 28, 2021
Coffee Splashing
Shipping

Dire Shortage Of Containers Amid Other Setbacks Are Impacting Coffee Supplies

By Mai Ngoc Chau (Bloomberg)–World coffee supplies are suffering a fresh setback from stringent travel curbs imposed in second-biggest grower Vietnam to control the worsening spread of the infectious delta variant...

August 28, 2021
Total Views: 1283

Tuesday, July 20, 2021
Marco Polo Container-ship lighthouse
Ports

Port Chief Sees U.S. Import Surge ‘Easily’ Lasting Into 2022

By Brendan Murray (Bloomberg) The head of one of the largest U.S. gateways for trade said robust demand for imported goods will likely be sustained into 2022, as companies scramble to rebuild stockpiles...

July 20, 2021
Total Views: 1823

Friday, July 16, 2021
cocoa bean shipment
Ports

Chocolate Is The Latest Victim Of Port Congestion

By Ange Aboa (Reuters) Deliveries of cocoa beans to Ivory Coast’s two main ports have slowed in recent weeks as an energy crisis hit industries in the world’s top cocoa-growing...

July 16, 2021
Total Views: 2578

Thursday, July 15, 2021
maersk containership
Video

Watch How Maersk Has Handled The 2021 Covid Cargo Surge

How did Maersk CEO Søren Skou navigate his company from unprecedented levels of cargo contraction last year to today’s surge in demand? With vaccine rollouts in place in the U.S....

July 15, 2021
Total Views: 2140

Tuesday, June 29, 2021
yantian port
Shipping

Retail Suppliers Scramble to Secure Christmas Goods as Cargo Delays Worsen

By Lisa Baertlein and Jonathan Saul LOS ANGELES/LONDON, June 29 (Reuters) – Suppliers to Walmart , Target, Amazon.com and other major retailers told Reuters they are placing holiday orders for...

June 29, 2021
Total Views: 3618

Thursday, June 10, 2021
Cargo ship Guangdong Port
Shipping

Container Shortage Worsens as Ships Avoid Chinese Ports That Need Empties

By Mike Wackett (The Loadstar) – The availability of containers at southern Chinese ports continues to deteriorate as carriers omit calls due to a wave of Covid outbreaks in Guangzhou province. According...

June 10, 2021
Total Views: 29166

Monday, May 3, 2021
Container-ship Departure Houston
Maritime News

Sea Cargo Chaos Intensifies In The Summer Of Sold-Out Ships

By Brendan Murray (Bloomberg) Container shipping rates are heading higher again, driven to new heights by unrelenting consumer demand and company restocking from Europe to the U.S. that are exhausting...

May 3, 2021
Total Views: 13506

Thursday, April 15, 2021
Shipping

Hapag-Lloyd Places Huge Container Order to Combat Global Box Shortage

German shipping company Hapag-Lloyd has placed an order for 150,000 twenty-foot equivalent containers amid the pandemic-fueled container crunch in Asia and around the world. The boxes, ordered from China, include...

April 15, 2021
Total Views: 3189

Thursday, March 25, 2021
ever given stranded
Shipping

Suez Canal Closure Deepens Global Container Crunch

By Jonathan Saul and Lisa Baertlein LONDON/LOS ANGELES, March 25 (Reuters) – The suspension of traffic through the Suez Canal has deepened problems for shipping lines that were already facing disruption and...

March 25, 2021
Total Views: 3543

Wednesday, March 17, 2021
shipping containers
Shipping

Shortage of New Shipping Containers Adds to Global Trade Turmoil

By Bloomberg News (Bloomberg) — The world’s biggest makers of shipping containers are scrambling to meet a surge in demand for the metal boxes that shuttle some 90% of the goods around the...

March 17, 2021
Total Views: 7599

Wednesday, March 10, 2021
shipping container
Shipping

Exporters Take Unusual Steps to Ease Shipping Container Shortage

By Ann Koh and Rajesh Kumar Singh (Bloomberg) — Some of the world’s biggest exporters in Asia are intervening to alleviate a shipping container shortage that jeopardizes their overseas trading. Government-owned...

March 10, 2021
Total Views: 3689

Tuesday, February 2, 2021
shipping container
Shipping

Global Food Trade Upended by Container Crisis

By Isis Almeida, Ann Koh and Michael Hirtzer (Bloomberg) — Food is piling up in all the wrong places, thanks to carriers hauling empty shipping containers. Global competition for the ribbed steel...

February 2, 2021
Total Views: 5564

Monday, January 25, 2021
Shipping

Shipping’s Container Crunch Showing Signs of Easing

By Brendan Murray (Bloomberg) — A global shortage of shipping containers that’s sent ocean freight rates skyrocketing shows signs of easing, according to an index that tracks the steel boxes used...

January 25, 2021
Total Views: 5441

Friday, January 8, 2021
container terminal at port
Shipping

Boxship Space in Asia Now Going, Going, Gone – to the Highest Bidder

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. And several carriers are reported to...

January 8, 2021
Total Views: 3484

Thursday, January 7, 2021
Ports

U.S. Trade Gap Widened to Second-Biggest on Record in November

By Eric Martin (Bloomberg) — The U.S. trade deficit widened to the second-largest on record in November as merchandise imports reached a more than one-year high in the midst of the...

January 7, 2021
Total Views: 1978

Tuesday, December 29, 2020
Shipping

Year In Review – Top Maritime Stories of 2020

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 year...

December 29, 2020
Total Views: 14259

Wednesday, December 23, 2020
china port
Ports

Freight Boom Fires Buffett Trains, Maersk Ships and Oil Prices

By Alaric Nightingale, Jeffrey Bair and Christian Wienberg (Bloomberg) — A great global restock is at hand, filling ships, trucks and trains, and also firing oil demand. During the depths of...

December 23, 2020
Total Views: 10099

Wednesday, December 16, 2020
Ports

COVID Restocking Surge Continues at Port of Los Angeles

The Port of Los Angeles reports that November cargo volumes were up more than 20 percent compared to last year on a combination of increased consumer spending, holiday shipments and...

December 16, 2020
Total Views: 2374

Thursday, December 10, 2020
port of long beach
Ports

World Shipping Council: Assessing the COVID Cargo Crunch

(World Shipping Council) – To say that current trade conditions are challenging would be an understatement, particularly in North America, which is experiencing an unprecedented surge in imports from Asia. ...

December 10, 2020
Total Views: 2125

Ports

Boxed Out: China’s Exports Pinched by Global Run on Shipping Containers

By Stella Qiu, Shivani Singh and Roslan Khasawneh BEIJING/SINGAPORE, Dec 10 (Reuters) – China’s world-beating economic rebound from the coronavirus pandemic is being blunted by a global shortage of shipping containers, sending...

December 10, 2020
Total Views: 2624