#Shipping Line

Spectre of boxship lay-ups returns

With multiple capacity levers deemed insufficient to halt the severe decline in container freight rates, the spectre of ship lay-ups has been raised. Rates remain...

16,000 teu CMA CGM ship makes size record in Indonesia

With Southeast Asia increasingly forecast to take a greater slice of manufacturing away from China, liner trades are upgrading their service offerings. The larges...

Are US supply chain problems over?

Snarled supply chains that helped fuel red-hot inflation are slowly disentangling, offering hope for relief for cash-strapped consumers.  But the U.S. face...

PIL introduces intermodal solutions

Pacific International Lines (PIL) has introduced the PIL Intermodal Services, which offers train, truck and barge services across the company's network in Intra-...

Carrier complaints stack up at the Federal Maritime Commission

The Federal Maritime Commission is keeping busy with an increasing intro of complaints from shippers. The latest two to emerge involve Israeli carrier ZIM and Med...

Maersk-operated 5,500 TEU vessel suffers power loss in Australia waters

The 5,500 TEU boxship Rio Madeira suffered an electrical power outage causing loss of propulsion on 20 October, while it was sailing to Sydney, Australia from the po...

Maersk and MSC gear up for Abidjan terminal launch

Final preparations are underway for the operational and commercial launch of the Cote d’Ivoire container terminal (CIT) in the Port of Abidjan next month. A...

Maersk-Operated Boxship Loses Power off Australian Coast

A Maersk-operated containership was brought successfully into port in Australia after the vessel blacked out and spent more than 30 hours drifting south of Sydney. T...

MSC’s Second Eco-Friendly 24,116 TEU Ship Undocked

The vessel, often referred to as the world’s largest container vessel until now, was reportedly seen undocked on 1 August at the Changxing Shipbuilding Base....

Container shipping to hit bottom in mid-2023 forecasts HSBC

Parash Jain, Head of Shipping & Ports & Asia Transport Research, was one of the first to flag a sharp decline ahead in container shipping’s fortun...

OOCL Kicks Off Another Turbo

The Q3 ocean carrier reporting season has kicked off with OOCL’s third-quarter turbo-charged operational numbers. This bellwether data is confirmation that...

Shipping giants are still rolling in cash — but time is running out

We’re back into the shipping world this week on MODES. I spoke with FreightWaves’ own Greg Miller, our senior editor of maritime transportation. ...

IATA: Air cargo market stable despite latest decline

IATA said the air cargo market is stable despite demand falling for the sixth month in a row in August. The airline association’s latest data shows tha...

Maersk CEO: Holiday Shipping Won’t Save Carriers’ Christmas

A.P. Moller-Maersk’s chief executive said on Thursday he expects a “modest” pick-up in trade for the upcoming holidays this year amid concerns abou...

Container Shipping Turning Point? Long-Term Rates Start to Slide

Long-term contract rates in container shipping fell for just second time this year in September in what is now the latest sign that the sector’s pandemic-...