Tuesday, January 26, 2021
container port
Shipping

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. It is a blow for beleaguered shippers...

January 26, 2021
Total Views: 2049

Monday, January 18, 2021
Shipping

OOCL Profits are Surfing the Wave of Soaring Rates and Demand

By Mike Wackett (The Loadstar) – A very strong fourth-quarter 2020 operational update from OOCL is an indicator of the rich vein of profitability enjoyed by the liner industry since the middle...

January 18, 2021
Total Views: 1864

Friday, January 15, 2021
Shipping

Return of Bunker Surcharges Possible as Low Sulphur Fuel Spread Widens

By Mike Wackett (The Loadstar) – As oil prices head north again, ocean carriers are preparing to ramp up low-sulphur fuel surcharges to add to the misery of shippers struggling with sky-high...

January 15, 2021
Total Views: 3182

Monday, January 11, 2021
one apus
Shipping

ONE Apus Cargo Unloading Expected to Take Several More Weeks

By Gavin van Marle (The Loadstar) – Surveyors contracted to inspect the damaged cargo and containers on the ONE Apus say discharging operations are likely take several more weeks. And a decision on whether...

January 11, 2021
Total Views: 16142

Friday, January 8, 2021
container terminal at port
Shipping

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. And several carriers are reported to...

January 8, 2021
Total Views: 3460

Wednesday, January 6, 2021
Ports

European Shippers Claim Carriers are Breaching Contracts to Demand Higher Rates

By Mike Wackett (The Loadstar) As Asia-Europe container spot rates continue to skyrocket, shippers and freight forwarders are accusing carriers of breaching short- and long-term contracts to “charge whatever they want”. In...

January 6, 2021
Total Views: 2473

Monday, January 4, 2021
Shipping

No Happy New Year for Shippers as Rates Stay Sky High

By Mike Wackett (The Loadstar) – The final Shanghai Containerized Freight Index (SCFI) for 2020, published on 31 December, recorded a staggering 190% gain on the year. The biggest spot rate increase...

January 4, 2021
Total Views: 3757

Friday, November 27, 2020
port of los angeles
Shipping

U.S. Federal Maritime Commission Cracks Down on Ocean Carrier Alliances

By Alex Lennane (The Loadstar) – The US Federal Maritime Commission (FMC) has tightened the screws on the three major ocean carrier alliances, demanding carrier-specific trade data is filed monthly rather than...

November 27, 2020
Total Views: 2440

Monday, November 16, 2020
container port
Maritime News

Carriers Accused of ‘Using Pandemic to Boost Profits’ as Asia-Europe Rates Explode

By Mike Wackett (The Loadstar) – Container freight rates from Asia to Europe are going through the roof, mirroring the trend on the transpacific, with regulators seemingly unable to stop...

November 16, 2020
Total Views: 1386

Wednesday, November 11, 2020
containerships
Ports

UK Container Port Congestion Is Unprecedented

by Mike Wackett (TheLoadstar) Container shipments from Asia to the UK continue to be subject to “unprecedented” delays and significant additional costs. “It’s as bad as you hear, possibly worse,”...

November 11, 2020
Total Views: 2499

Monday, November 9, 2020
container port
Interesting

Danaos a Big Winner as Containership Charter Rates Soar

By Mike Wackett (The Loadstar) – With freight rates soaring, ocean carriers are prepared to pay more than double previous daily hire rates for chartered ships to secure tonnage and...

November 9, 2020
Total Views: 608

Thursday, November 5, 2020
shipping container
Maritime News

Shippers Face Record Rates and Surcharge Surge

By Mike Wackett (The Loadstar) – With shippers facing skyrocketing container freight rates and premium fees across main and secondary trades, ocean carriers are now pummelling their customers with a...

November 5, 2020
Total Views: 179

Sunday, October 4, 2020
cma cgm container ship
Maritime News

CMA-CGM Struggles To Restore Systems After Cyber Attack

By Gavin van Marle (TheLoadstar) As CMA CGM’s IT engineers continue, for the fifth day, to try to restore its systems following a cyber-attack at the weekend, the French carrier...

October 4, 2020
Total Views: 106

Monday, September 21, 2020
Eleonora Maersk Los Angeles Record
Maritime News

2M Restores Transpacific Capacity

By Gavin van Marle (The Loadstar) – The 2M is the latest container shipping alliance to return more capacity to the transpacific trades. 2M partners Maersk and MSC said today...

September 21, 2020
Total Views: 39

Thursday, September 17, 2020
Maritime News

U.S. Federal Maritime Commission Watching Ocean Carriers for Competition Violations

By Gavin van Marle (The Loadstar) – US ocean regulator the Federal Maritime Commission (FMC) has fired a warning shot across the bows of container shipping lines, saying it will...

September 17, 2020
Total Views: 63

Thursday, August 27, 2020
containership
Maritime News

Carriers Scramble to Charter Larger Containerships at ‘Whatever it Takes’ Prices

By Mike Wackett (The Loadstar) Ocean carriers are scrambling to charter larger containerships to take advantage of skyrocketing freight rates caused by a spike in demand across major tradelanes. Handy...

August 27, 2020
Total Views: 82

Wednesday, August 19, 2020
Short Sea Shipping In Germany
Maritime News

Container Costs Risk Spiraling Out Of Control

By Sam Whelan (TheLoadstar) Container shipping costs and service levels are at risk of spiralling out of control, according to Drewry. As well as a massive withdrawal of capacity since...

August 19, 2020
Total Views: 90

Ports

PPE Orders Are Driving Record Import Traffic At LA, Long Beach

By Mike Wackett (TheLoadstar) Despite the pandemic, the San Pedro Bay ports of Los Angeles and Long Beach saw strong container imports in July, with the better-than-expected volumes set to...

August 19, 2020
Total Views: 38

Wednesday, July 29, 2020
Maritime News

Pandemic Leads to Mixed Results for North Europe’s Top Container Hubs

By Mike Wackett (The Loadstar) – Blanked sailings and network changes resulted in a mixed bag of throughput results at North Europe’s top two container hubs, Rotterdam and Antwerp, in...

July 29, 2020
Total Views: 28

Thursday, July 23, 2020
container port
Maritime News

Strong Demand Sees Carriers Pile Back Capacity Into East – West Trades

By Mike Wackett (The Loadstar) – Due to continued increased demand, THE Alliance is extending its Asia – North Europe ‘extra loader’ programme with an additional five weekly sailings through...

July 23, 2020
Total Views: 19