#Shipping Notice
Taiwan Shipping Firms Set to Hand Out Bumper Bonuses Again
Taiwanese shipping companies are handing out bumper mid-year bonuses despite a slump in global cargo as the industry continues to benefit from earlier pandemic gains...
Largest Container Ship In The World Calls On Port Of Antwerp-Bruges
The container ship MSC Loreto arrived at the port of Antwerp last night to load and unload containers at the MSC PSA European Terminal (MPET) at the Deurganckdock. I...
CMA CGM Profit Eases as Container Transport Demand Wanes
CMA CGM expects its profit to ease further for the rest of the year after a first-quarter decline, as an uncertain economy and influx of new vessels cool the contain...
Drewry’s World Container Index Drops This Week
Drewry’s composite World Container Index (WCI) decreased by 2% to US$1,685.32 per 40ft container this week. Source: Drewry World Container Index, Drewry...
Container Spot Rates Remain High Despite Weaker Supply/Demand Balance
In this week’s “Shipping Number of the Week” from BIMCO, chief shipping analyst, Niels Rasmussen, looks at the fact that despite a 70-80% fall in f...
Container Shipping Industry Faces Unprecedented Slump in Long-Term Rates
The container shipping industry experienced a significant downturn in global long-term freight rates during the month of May, as the contracted cost of shipping cont...
CMA CGM Air Cargo discontinues US service
CMA CGM Air Cargo, the fledgling freighter venture of the French shipping line by the same name, has pulled out of the U.S. market again and redeployed aircraft to A...
Yang Ming orders five 15,500 TEU LNG dual-fuel vessels
Yang Ming and Hyundai Heavy Industries (HHI) have reached a shipbuilding deal for five 15,500 TEU LNG dual-fuel container ships. These new vessels will be deliver...
Shipping line Zim gets hammered by high spot-rate exposure
Zim, the world’s 10th-largest container line operator, has sunk into the red as its boom-era contract coverage has crumbled under the weight of falling spot ra...
Ocean freight rates plummet from peaks across European export trades, but main plot fails to reveal full story
The cost of shipping containers out of Europe has plummeted from the peak prices of 2021 and 2022, with spot rates on the main corridors down by close to 70%. Howeve...
Container rate war ‘plain as daylight’
Container carriers are embarking on a rates war, according to one leading analyst, while other experts contacted by Splash remain circumspect to label today’s...
CMA CGM, Bolloré Logistics close to US$5.5 takeover deal
French shipping group CMA CGM has agreed to acquire 100% of Bolloré Logistics for €5 billion (around US$5.5 billion), after exclusive negotiations betwee...
Shipping stock sell-off: Shares down double digits since March
Look at virtually any stock chart in any ocean shipping sector and you’ll see a similar pattern. Sometime around late February or early March, shares hit a hig...
Global Freight Monitor: Container freight rates hit a speed bump
The Shanghai Containerised Freight Index (SCFI) turned negative following four weeks of stable or rising rates: SCFI dropped 3.6% week over week after four weeks of...
The World’s Largest Container Ship Is Bigger Than the Empire State Building
Here at Jalopnik, we love a big ship. Whether it’s a new record-breaking vessel launch or an older ship that’s jammed itself in an essential shipping rou...
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