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Friday, December 6, 2024
cargo ships loading at port of oakland
Shipping

Spot Rate Rollercoaster: Carriers Bank on GRIs Ahead of Lunar New Year

Asia-Europe carriers saw their early December general rate increases (GRIs) stick this week, with spot rates into both North Europe and Mediterranean ports

December 6, 2024
Total Views: 997

Thursday, October 31, 2024
FILE PHOTO: Republican presidential nominee, former U.S. President Donald Trump and Democratic presidential nominee, U.S. Vice President Kamala Harris take part in a presidential debate hosted by ABC in Philadelphia, Pennsylvania, U.S., September 10, 2024 in a combination of file photographs.
Shipping

How the U.S. Election Could Reshape Container Shipping

As the U.S. presidential election nears, Simon Heaney, Senior Manager of Container Shipping at Drewry, has provided insight into how each candidate’s

October 31, 2024
Total Views: 3053

Friday, October 18, 2024
Aerial top view of a containership underway
Shipping

No End in Sight: New Ships Won’t Stop Freight Rates From Climbing in 2025

By Charlie Bartlett (The Loadstar) – Some three million TEU of new tonnage arriving next year will most likely be “more than offset” by further

October 18, 2024
Total Views: 1833

Thursday, September 12, 2024
An MSC containership passes a Maersk containership
Shipping

Reshuffled Container Alliance Networks Take Shape, Offering Suez and Cape Routes

Container shipping alliances are reshaping their East-West liner schedules for 2025, with new network plans and partnerships emerging as the industry continues

September 12, 2024
Total Views: 1547

Tuesday, August 13, 2024
APM terminals los angeles
Ports

Drewry Analysis Reveals Significant Shifts in Terminal Operator Rankings

The latest edition of Drewry’s Global Container Terminal Operators Annual Review and Forecast has highlighted significant changes in the composition of

August 13, 2024
Total Views: 1252

Thursday, July 25, 2024
Suez,,Egypt,-,November,14,,2019:,Large,Container,Vessel,Ship
Shipping

Container Shipping Rates Snap Weeks of Gains as Restock Rally Fades

By Brendan Murray (Bloomberg) — Spot rates for shipping containers fell for the first time in almost three months amid signs demand is cooling after US

July 25, 2024
Total Views: 3779

Thursday, June 20, 2024
Port of Singapore
Ports

Transhipment Hubs Hit Hard By Red Sea Reroutings

Key transhipment ports around the world are facing severe congestion in response to the Red Sea crisis, with Singapore being a prime example. The escalating

June 20, 2024
Total Views: 2480

Monday, June 17, 2024
French frigate escort. Photo: EUNAVFOR
Shipping

Industry Mixed on Duration of Prolonged Red Sea Crisis

The maritime industry faces an uncertain future due to the ongoing Red Sea crisis, with a majority of industry insiders predicting the issues will continue

June 17, 2024
Total Views: 2305

Friday, March 29, 2024
Baltimore,,Maryland,,United,States,-,Sep,7th,2019:,Aerial,View
Ports

East Coast Ports Face Challenge of Diverted Baltimore Cargo, Drewry Says

Maritime industry consultancy Drewry flags potential challenges for the US East Coast ports due to the diversion of Baltimore’s container volumes

March 29, 2024
Total Views: 1987

Monday, January 22, 2024
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Carriers Seek Balance of Speed and Cost to Mitigate Suez Canal Diversions

By Mike Wackett (The Loadstar) – As long as they are able to obtain premium rates, ocean carriers could decide to increase the service speed of their

January 22, 2024
Total Views: 2497

Monday, January 8, 2024
A shipping container passes through the Suez Canal in Suez. REUTERS/Mohamed Abd El Ghany/File Photo
Shipping

Drewry: One-Third of Global Container Shipping Capacity Impacted by Red Sea Crisis

The international container shipping faces a critical couple of weeks as ongoing attacks and reroutings in the Red Sea continue to impact the sector ahead of

January 8, 2024
Total Views: 6630

Tuesday, November 28, 2023
Aerial view of containerships at the port of Southampton
Shipping

Fleet-Heavy Ocean Carriers Also Stuck With too Many Containers

By Mike Wackett (The Loadstar)- Not only do ocean carriers have too many ships, they also have too many containers to fill vessels that are being deployed. In

November 28, 2023
Total Views: 4964

Friday, October 27, 2023
A cargo ship is moored in the Port of Long Beach while cranes retrieve cargo containers from the ship
Shipping

Ocean Carriers’ Hopes for Rate Hike Dampened as Spot Rates Spiral

By Mike Wackett (The Loadstar) – Drewry’s WCI container spot rate index was a sea of red ink again this week, ahead of a planned wave of ocean carrier

October 27, 2023
Total Views: 1455

Friday, September 15, 2023
Containership docking Port of Long Beach
Shipping

Carriers Pull Capacity to Boost Floundering Spot Rates

By Mike Wackett (The Loadstar) – Container spot indices are showing a sea of red ink this week, with short-term freight rates down on all the major

September 15, 2023
Total Views: 1702

Wednesday, June 7, 2023
ship navigation bridge
Shipping

Ship Officer Shortage Worsening, Drewry Says

The global shipping industry’s severe shortage of ship officers has reached its worst on record and shows signs of abating, according to Drewry’s

June 7, 2023
Total Views: 6993

Wednesday, January 25, 2023
Maersk ship entering the Port of Rotterdam. Photo: Shutterstock
Shipping

2M Breakup Leaves Maersk in a Tight Spot

Drewry believes MSC’s biggest size makes it better positioned to go it alone in the competitive market for container shipping, while Maersk’s focus

January 25, 2023
Total Views: 5340

Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Freight Rates Seen as a ‘Smoking Gun’ on Inflation

By Ana Monteiro (Bloomberg) — The pandemic-era surge in shipping costs was a “smoking gun” that foretold the global inflation spike, and the sharp

January 25, 2023
Total Views: 3404

Friday, October 21, 2022
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Export Markets ‘Destabilized’ as Carriers ‘Undersell’ Capacity

By Mike Wackett (The Loadstar) – Ocean carriers are endeavouring to top up their ships from China with heavily discounted spot cargo as their contracted

October 21, 2022
Total Views: 1914

Tuesday, October 4, 2022
Maersk ship entering the Port of Rotterdam. Photo: Shutterstock
Shipping

Managed Decline: Ocean Carriers Face Challenge of Keeping Pandemic Windfalls, Drewry Says

As container shipping’s historic pandemic-fueled bull run comes to an end, ocean carriers are entering a period of “managed decline” where

October 4, 2022
Total Views: 2175

Tuesday, September 27, 2022
Aerial view of a container ship
Shipping

Shippers Finally Holding the Cards Advised Against ‘Seeking Revenge’ in Contract Negotiations

By Mike Wackett (The Loadstar) – Shippers will be back on the front foot when the 2023 contract negotiations begin, but a leading maritime consultant is

September 27, 2022
Total Views: 2718
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