Join our crew and become one of the 105,931 members that receive our newsletter.

john mccown


Wednesday, April 3, 2024
Containership berthed at the Port of Los Angeles
Shipping

Inbound Container Growth Pushing U.S. Ports to Their Limits, Shipping Veteran Says

(Bloomberg) — The biggest US ports are stretching capacity limits and need to expand to handle anticipated growth in inbound shipping, according to

1 min ago
Total Views: 0

Monday, April 3, 2023
Aerial top view of a containership underway
Shipping

Container Shipping Industry Expected to Remain Profitable Despite Downturn

The container shipping industry experienced a second straight earnings downturn in the fourth quarter of 2022, with net income reaching $34.7 billion,

April 3, 2023
Total Views: 2797

Tuesday, March 21, 2023
port of los angeles
Shipping

McCown Report: Record Drop for U.S. Container Imports in February

The top ten container ports in the U.S. had a their biggest monthly decline on record in February, reflecting the dramatic boom-to-bust cycle caused by the

March 21, 2023
Total Views: 2765

Monday, February 20, 2023
port of los angeles and long beach
Ports

U.S. Container Imports See Biggest Drop in Over a Decade

Container imports into the U.S. recored the biggest decline in more than a decade last month. In his latest ports report, industry veteran John McCown said

February 20, 2023
Total Views: 3271

Tuesday, January 24, 2023
an overhead view of port of los angeles docks
Ports

West Coast Ports Bear the Brunt as Inbound Containers Drop Off

U.S. container ports experienced the largest contraction of inbound containers ever in the final months of 2022 as a slowdown in global trade continues to

January 24, 2023
Total Views: 1720

Wednesday, December 21, 2022
A containership at the Port of Long Beach
Ports

U.S. Imports Decline Accelerates in November, Led By ‘Staggering’ Drop for West Coast Ports -Report

Imports through the top ten container ports in the U.S. marked the largest overall monthly decline since the financial crisis and likely the largest single

December 21, 2022
Total Views: 1943

Tuesday, November 29, 2022
Aerial view of a container ship
Shipping

Container Shipping Industry Passes Earnings Peak

The results are in. The container shipping industry earned profits of $58.9 billion in the third quarter, breaking a streak of seven straight record quarters

November 29, 2022
Total Views: 1799

Friday, October 21, 2022
FILE PHOTO: Shipping containers are seen at the container terminal of the port of Oakland, California, U.S., October 28, 2021. REUTERS/Carlos Barria/File Photo
Shipping

McCown Report: Falling Imports, Widening East-West Gap, Congestion Improvements, and Pricing Transparency (or Lack Thereof)

Imports into the top 10 U.S. container ports fell 5.5% in September driven by a steep drop on the West Coast, industry veteran John McCown said in his latest

October 21, 2022
Total Views: 751

Friday, September 23, 2022
U.S. Imports: East-West Cargo Gap Widens in August
Ports

U.S. Imports: East-West Cargo Gap Widens in August

With U.S. port data from August trickling in, we’re getting greater insight into the West to East cargo shift that continues to play out in the United

September 23, 2022
Total Views: 2375

Monday, September 19, 2022
Cargo containers pile up at a marine terminal at the Port of Los Angeles.
Shipping

Liner Shipping: FMC, An Emergency Situation Does Exist

As part of the directives to the Federal Maritime Commission (FMC) contained in the three month old “Ocean Shipping Reform Act of 2022” (OSRA 2022), the

September 19, 2022
Total Views: 2719

Friday, August 19, 2022
U.S. Ports See Another Month of Gains in July, But Pandemic-Fueled Growth is Fading
Shipping

U.S. Ports See Another Month of Gains in July, But Pandemic-Fueled Growth is Fading

While inbound container growth appears to be flattening for now, the long-term outlook spells trouble for U.S. ports. Liner industry veteran John McCown,

August 19, 2022
Total Views: 773

Tuesday, August 9, 2022
port of los angeles and long beach
Shipping

Container Shipping Lines Set to Smash Profit Record

By Brendan Murray (Bloomberg) — The world’s biggest container lines are on course to post profits in 2022 that will top last year’s record by 73%,

August 9, 2022
Total Views: 2195

Friday, May 20, 2022
FILE PHOTO: Shipping containers are seen at the container terminal of the port of Oakland, California, U.S., October 28, 2021. REUTERS/Carlos Barria/File Photo
Shipping

Container Shipping Earned ‘Mind-Bending’ $59.3 Billion Quarterly Profit -McCown

Ocean carriers raked in a “mind-bending” $59.3 billion profit in the first quarter of the year—the highest quarterly earnings in container

May 20, 2022
Total Views: 4707
close

JOIN OUR CREW

Maritime and offshore news trusted by our 105,931 members delivered daily straight to your inbox.

gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.