#Ship
South Korea opens new container shipping route to Vietnam
On May 24, Incheon Seaport Corporation announced that it has begun operating a new container route from Incheon port to ports in Thailand and Vietnam. Notably, th...
Suez Canal Authority Open to Negotiation on Ever Given
CAIRO, May 25 (Reuters) – The Suez Canal Authority (SCA) said on Tuesday it was still open to negotiating with the owners of a giant container ship which block...
Japanese Shipping Companies Looking For Suez Canal Alternatives
As the legal battle regarding the Ever Given ship grounding in the Suez Canal continues, Japanese Shipping Companies are planning to reduce the use of the Suez Canal...
Suez accident: Japanese shippers look for new ways to Europe
Japanese shipping companies are looking to reduce their reliance on the Suez Canal. They are stepping up their search for an alternative route connecting East Asia t...
Forecast Warns Link Between Container Traffic and Global Economic Growth Could Decline in Recovery
By Gavin van Marle (The Loadstar) – As economies continue to rebound, global container trade is expected to grow by 5.8% this year, according to a...
Container Ship That Caught Fire Off Monterey Coast Being Towed to Bay Area
OAKLAND (CBS SF) — A container ship that caught fire last week off the Monterey coast is being towed to the Bay Area with the goal of eventually berthing the b...
Containership Time-Charters Break New Records
By Mike Wackett (The Loadstar) – Four-year-plus charter deals are becoming the norm as shipowners ratchet up the pressure on liner companies. As t...
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Inflation alert:Container shipping rates just spiked (again)
The headlines last August and September blared: “Trans-Pacific rates are going crazy.” “Rates are on fire.” “Records shattered.”...
Another New Normal as Container Rollover Rates Increase
The number of container rollovers at major box ports continued to climb last month, affecting some 39% of all shipments, according to new data from supply chain visi...
Yokohama crowned worlds most efficient container port
The Japanese port of Yokohama has been crowned as the world’s most efficient box facility in a new study launched by the World Bank and data firm IHS Markit. A...
A Summer Of Sold-out Ships Awaits As Sea Cargo Chaos Intensifies
Container shipping rates are heading higher again, driven to new heights by unrelenting consumer demand and company restocking from Europe to the U.S. that are exhau...
Hapag-Lloyd Places Huge Container Order to Combat Global Box Shortage
German shipping company Hapag-Lloyd has placed an order for 150,000 twenty-foot equivalent containers amid the pandemic-fueled container crunch in Asia and around th...
‘Madness’ at the Port of Los Angeles as Cargo Surge Breaks March and Year-to-Date Records
The Port of Los Angeles processed 957,599 Twenty-Foot Equivalent Units (TEUs) last month for a 113% leap compared to March 2020 when global trade slowed to a crawl a...
ASEAN share of US-bound container shipping reaches 20%
TOKYO -- The Association of Southeast Asian Nations is making its presence felt in the U.S.-bound marine transportation market. Total shipping volume originating in...
FMC targets refunds for unfair carrier demurrage and detention charges
The US Federal Maritime Commission (FMC) is planning to help shippers “get their money back” from “unreasonable” demurrage and detention (D&a...
03 November 2024
‘It’s all happening again.’ The supply chain is under strain
08 November 2024
Global Freight Rises But Shows Signs of Weakness in U.S.
23 Oktober 2024
Arctic Shipping Route to See First-Ever Panamax Containership
18 Oktober 2024