covid restocking

Monday, February 22, 2021
container terminal at port

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

February 22, 2021
Total Views: 2108

Friday, February 19, 2021
container ship

Container Rates Buck Usual Post-Chinese New Year Slump

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

February 19, 2021
Total Views: 4191

Thursday, February 18, 2021

Port of Los Angeles Will Divert Ships to Battle Covid Container Congestion

By Robert Tuttle (Bloomberg) The Port of Los Angeles plans to divert cargo ships to other destinations because of pandemic-fueled congestion, according to the

February 18, 2021
Total Views: 3872

Wednesday, February 17, 2021

A Rarity Among U.S. Ports, Seattle Still Has Room for More Ships

By Brendan Murray (Bloomberg) — The trade gateways in the U.S. Pacific Northwest that handle the flow of containers, cars and commodities are standing

February 17, 2021
Total Views: 2782


Cargo Boom Fuels $10 Billion Spree for New Containerships

By Brendan Murray and Kyunghee Park (Bloomberg) — Some of the world’s largest container-shipping lines are ordering new vessels amid surging demand

February 17, 2021
Total Views: 2686

Tuesday, February 16, 2021
AFIF Hapag-Lloyd

Hapag-Lloyd Forecasts ‘Very Strong’ First Quarter

Hapag-Lloyd expects operating profit to more than triple in the first quarter of 2021 on “exceptionally” strong demand for container transportation

February 16, 2021
Total Views: 1364

Thursday, February 11, 2021
port of long beach

U.S. Retail Imports Expected to Surge Into Summer

Retail imports at the United States’ largest container ports are expected to set new monthly records into the summer as the nation’s economy

February 11, 2021
Total Views: 1964

Wednesday, February 10, 2021
Eleonora Maersk Los Angeles Record

Maersk Sees Global Shipping Turmoil Calming by Mid-Year

By Christian Wienberg, Kyunghee Park and Morten Buttler (Bloomberg) — The world’s largest container carrier said trade disruptions that have sent

February 10, 2021
Total Views: 1726

Tuesday, February 9, 2021
Containership docking Port of Long Beach

U.S. Federal Maritime Commission Urges Freight ‘Silos’ to Unite in Crisis

By Brendan Murray (Bloomberg) — Companies that violate U.S. supply-chain rules around inundated American ports may be penalized, according to a key

February 9, 2021
Total Views: 2527

Saturday, February 6, 2021

Dockworkers at Nation’s Busiest Port Complex May Get Better Vaccine Access

By Brendan Murray (Bloomberg) — Dockworkers at the busiest U.S. gateway for trade with Asia may soon have better access to coronavirus vaccines, as

February 6, 2021
Total Views: 2409

Thursday, February 4, 2021
port of long beach

Cargo Boom Continues at Nation’s Second-Busiest Port

The Port of Long Beach has reported its busiest January on record as the cargo boom continues into 2021. Dockworkers and terminal operators at the port moved

February 4, 2021
Total Views: 2846


Yang Ming Takes Early Delivery of Transpacific-Bound Containership

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

February 4, 2021
Total Views: 7408


Freight-Cost Pain Intensifies as Pandemic Rocks Ocean Shipping

By Brendan Murray, Ann Koh and Richard Weiss (Bloomberg) — Soaring freight rates and delivery delays have sparked a global backlash by companies

February 4, 2021
Total Views: 2562

Friday, January 29, 2021

Biggest Gateway for U.S. Imports Hit by Record Ship Bottleneck

By Brendan Murray – Ship congestion around the ports of Los Angeles and Long Beach hit an unprecedented level, worsening the bottleneck at the busiest

January 29, 2021
Total Views: 4598

Wednesday, January 27, 2021
cma cgm containership

CMA CGM to Cut Transpacific Premium Service as SoCal Port Congestion Hits On-Time Deliveries

By Gavin van Marle (The Loadstar) – CMA CGM appears to be set to close its transpacific express container shipping service, after worsening congestion

January 27, 2021
Total Views: 2186

Tuesday, January 26, 2021
container port

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.

January 26, 2021
Total Views: 2061

Monday, January 18, 2021
china port

China’s Economy Ends 2020 Upbeat After COVID-19 Shock

By Gabriel Crossley and Kevin Yao BEIJING, Jan 18 (Reuters) – China’s economy picked up speed in the fourth quarter, with growth beating

January 18, 2021
Total Views: 1231

Friday, January 15, 2021
Containership docking Port of Long Beach

Port of Long Beach Reports Busiest Year in 2020 Despite Headwinds

The Port of Long Beach moved a record 8.1 million TEUs in 2020 despite facing headwinds from the COVID-19 pandemic and the ongoing trade war with China. Total

January 15, 2021
Total Views: 1891


Port of Los Angeles Reports Fourth-Busiest Year on Record in 2020

The Port of Los Angeles reported its fourth best year on record in 2020 as a late-year surge of pandemic-induced consumer spending helped boost volumes to near

January 15, 2021
Total Views: 1065

Friday, January 8, 2021
container terminal at port

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.

January 8, 2021
Total Views: 3526