Thursday, August 26, 2021
ningbo port congestion

A Week at Least for World’s Third-Busiest Port to Return to Normal

By Kyunghee Park (Bloomberg) — Operations at China’s Meishan terminal in the world’s third-busiest container port will take at least a week to return to normal, according to Rahul Kapoor, vice...

August 26, 2021
Total Views: 932

Wednesday, August 25, 2021
port in Ningbo, Zhejiang

China Reopens Terminal at World’s Third-Busiest Port

By Bloomberg News (Bloomberg) — The Meishan terminal at China’s second-busiest port reopened Wednesday following a two-week shutdown that further snarled already stressed shipping routes in Asia.  The terminal will start...

August 25, 2021
Total Views: 772

Tuesday, August 24, 2021
ningbo port congestion

Ships Resume Berthing At Ningbo

By Ann Koh (Bloomberg) Ships have resumed berthing operations at a halted container terminal in Ningbo, China, adding to optimism that full activity at one of the world’s busiest ports will...

August 24, 2021
Total Views: 921

Monday, August 23, 2021
ningbo port congestion

China Export Volume Falls Amid Port Congestion

By Bloomberg News – (Bloomberg) The volume of China’s exports are expected to fall in August from the previous month due to renewed container shipping congestion, while imports likely stagnated, according...

August 23, 2021
Total Views: 593

Tuesday, August 17, 2021
ningbo port congestion

China Port Congestion Worsens as Ningbo Shuts for Seventh Day

By Kevin Varley and Ann Koh (Bloomberg) — The partial closure of the world’s third-busiest container port is worsening congestion at other major Chinese ports, as ships divert away from Ningbo amid uncertainty...

August 17, 2021
Total Views: 2184

Longshoremen China

China’s Zero Tolerance To COVID-19 Is Choking Supply Lines

by Muyu Xu (Reuters) Several Chinese ports are facing congestion as vessels due to call at Ningbo are being diverted and cargo processing is slowed partly due to stricter disinfection...

August 17, 2021
Total Views: 2295

Monday, August 16, 2021
yantian port

Global Port Congestion Building as Ningbo Terminal Remains Shut for Sixth Day

By Nick Savvides (The Loadstar) – Today, AIS data from VesselsValue shows around 50 containerships at anchor near Ningbo-Zhoushan Port, where operations at Ningbo Meishan Port Terminal remain halted for the sixth...

August 16, 2021
Total Views: 1124

Friday, August 13, 2021
angshan Deep-Water Port

Maersk Diverts Ships After Ningbo Terminal Shuts For COVID

by Muyu Xu (Reuters) – Ports and shipping companies are diverting vessels from a container terminal in China’s busiest marine transportation hub which was forced to close after a coronavirus case...

August 13, 2021
Total Views: 1397

Thursday, August 12, 2021
China COVID-19 Port Testing

China Starts Shutting Down World’s Third-Busiest Port

by James Mayger (Bloomberg) China partly shut the world’s third-busiest container port after a worker became infected with Covid, threatening more damage to already fragile supply chains and global trade as a...

August 12, 2021
Total Views: 16686

China Medical Swab Test

Major Container Ports in China See Worsening Congestion After COVID Cases

BEIJING/SINGAPORE, Aug 12 (Reuters) – Congestion off China’s top two container ports Shanghai and Ningbo is worsening following the shutdown of a container terminal in Ningbo where a COVID-19 case...

August 12, 2021
Total Views: 1776

Wednesday, August 11, 2021
yantian port

Ningbo Terminal Closure Could Spark New Congestion Crisis

By Sam Whelan (The Loadstar) – One of Ningbo’s container terminals has closed due to a positive Covid test, sparking fears of a Yantian-style nightmare for cargo owners. According to Chinese media,...

August 11, 2021
Total Views: 2661

Friday, May 7, 2021
brexit port

Shippers Compete for Space as Container Freight Rates Continue Rise

By Mike Wackett (The Loadstar) – Shippers from Asia to Europe saw a further spike in container spot rates this week, particularly for Mediterranean ports. And ocean carriers are said to be...

May 7, 2021
Total Views: 6154

Friday, April 23, 2021

Container Lines Firmly in Control as Market Stays Red Hot

By Mike Wackett (The Loadstar) – Container freight indices are on the rise again, but even at their highly elevated levels they mask the true cost of shipping. For example, the Freightos...

April 23, 2021
Total Views: 10579

Wednesday, April 14, 2021
maersk eureka

Maersk Eureka Arrives in Long Beach a Month After Engine Breakdown in Pacific

A Maersk containership has berthed in Long Beach, California more than a month after its engine broke down the middle of the Pacific Ocean. The MV Maersk Eureka was underway...

April 14, 2021
Total Views: 6887

Friday, April 9, 2021
port of los angeles and long beach

Suez Ripples Raises Rates for All Containerships

By Mike Wackett (The Loadstar) – There are reports of “sharp increases” in Asia-Europe container spot rates this week, as the fallout from the week-long Suez Canal blockage restricts both vessel and...

April 9, 2021
Total Views: 11770

Tuesday, March 30, 2021
maersk eureka

Maersk Containership Broken Down in the Pacific Ocean – Update

Update – April 1, 2021: Maersk reports that repairs to Maersk Eureka have been completed and the ship is undergoing sea trials to ensure its safe operation. “We are pleased...

March 30, 2021
Total Views: 80224

Friday, March 26, 2021
container ship at sea

Shipping Lines Considering Cape Surcharge for Ships Re-Routed Around Africa

By Mike Wackett (The Loadstar) – Container spot rates from Asia to Europe look set to surge again, as carriers are obliged to blank sailings in response to the Suez Canal blockage....

March 26, 2021
Total Views: 4859

Friday, March 19, 2021
port of rotterdam

Carriers ‘Cherry-Picking’ as Rates Continue to Head North

By Mike Wackett (The Loadstar) – Container spot rates from Asia may have eased slightly from their record highs, post-Chinese new year, but rates for backhaul and secondary trades continue to head...

March 19, 2021
Total Views: 1305

Tuesday, March 16, 2021
Chinese President Xi Jinping delivers a speech as he reviews a military display of Chinese People's Liberation Army (PLA) Navy in the South China Sea

China Arrests 11 Ships In Oil Smuggling Ring

by Muyu Xu (Reuters) – China foiled criminals seeking to smuggle nearly 1 million tonnes of refined oil worth 5 billion yuan ($770 million), with officials seizing 11 ships and...

March 16, 2021
Total Views: 3790

oil refinery

China Seizes Ships in Sprawling $770 Million Refined Oil Smuggling Ring

BEIJING, March 16 (Reuters) – China foiled criminals seeking to smuggle nearly 1 million tonnes of refined oil worth 5 billion yuan ($770 million), with officials seizing 11 ships and...

March 16, 2021
Total Views: 28066