Maersk CEO Sees No Sign of Freight Market Easing This Year
COPENHAGEN, Sept 16 (Reuters) – Danish shipping giant A.P. Moller-Maersk sees no indication that the current red-hot shipping market will lose steam
gCaptain’s full coverage of global port congestion since the onset of the COVID-19 pandemic.
COPENHAGEN, Sept 16 (Reuters) – Danish shipping giant A.P. Moller-Maersk sees no indication that the current red-hot shipping market will lose steam
Another gangbuster month on the books for the Port of Los Angeles. The United States’ top port for freight from Asia reported handling 954,377 TEUs in
New records are being set daily at the Los Angeles-Long Beach Port Complex as ships filled to the brim with cargo continue to pour into U.S. ports amid the
Southern California ports set new records Friday for the number of vessels in port as the pandemic-driven import boom that continues to pressure ports from
Growth of retail imports through the nation’s top container ports is slowing amid global pandemic-related supply chain disruptions, with double-digit
By Kevin Varley (Bloomberg) –The number of container ships waiting to enter America’s top three ports has been on a steady rise since July. There were
By Mike Wackett (The Loadstar) – Entrepreneurial logistics players are turning away from the highly congested transpacific market to cash in on the
By Kevin Varley (Bloomberg) The number of container ships waiting off the Georgia container port of Savannah increased to 23 on Tuesday, 11 more than the
By Brendan Murray(Bloomberg) –The number of ships waiting to enter the biggest U.S. gateway for trade with Asia reached the highest since the
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
By Bloomberg News (Bloomberg) — The Meishan terminal at China’s second-busiest port reopened Wednesday following a two-week shutdown that further
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
By Nick Savvides (The Loadstar) – One of the world’s largest shippers, Walmart in the US, says it has chartered vessels to meet demand for
By Mike Wackett (The Loadstar) – Alliance networks operating between Asia and North Europe are experiencing delays of up to a month due to worsening
By Kevin Varley and Ann Koh (Bloomberg) — The partial closure of the world’s third-busiest container port is worsening congestion at other major
By Brendan Murray (Bloomberg) — The biggest U.S. trade gateway with Asia is clogged with the most inbound container vessels in more than six months,
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
By Nick Savvides (The Loadstar) – Today, AIS data from VesselsValue shows around 50 containerships at anchor near Ningbo-Zhoushan Port, where
BEIJING/SINGAPORE, Aug 12 (Reuters) – Congestion off China’s top two container ports Shanghai and Ningbo is worsening following the shutdown of a
By Jeff Mason and Trevor Hunnicutt WASHINGTON, Aug 11 (Reuters) – President Joe Biden said on Wednesday that his administration is working to relieve
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