#shipping
Carriers in ‘Panic Mode’ as China Bookings Plummet
Ocean carriers are said to be in “panic mode” as bookings from China to North Europe and the US west coast tank, causing FAK rates to plunge to new depth...
Maersk faces high-profile shipper complaint
Maersk is the latest carrier to face the ire of American shippers in a high-profile case that will spark greater debate about global carrier dominance in internation...
What to do with 18 shipping containers of rotting cabbages
Not many people would know what to do with 18 containers filled with rotting cabbages. But Jake Slinn does. The 23-year-old founder of JS Global operates in th...
The global shipping industry is facing a new problem — too many containers
While there was a shortage of containers at the height of the Covid pandemic, the global economy is now facing the opposite problem: too many containers. On top...
Falling U.S. Container Imports From China Hit West Coast Ports in October -Report
U.S. container imports tumbled again last month compared to a year ago as a decline in Chinese volumes continued to impact West Coast ports, according to new data re...
Chinese freight carriers fear further price declines when new container ships take to the seas next year
Ocean shipping rates for goods leaving China are likely to fall next year when new container vessels take to the seas, according to carriers at a major trade fa...
Ports of Singapore, Los Angeles and Long Beach to establish green and digital shipping corridor
The Maritime and Port Authority of Singapore (MPA), Port of Los Angeles, Port of Long Beach and C40 Cities – a global network of mayors taking action to confro...
Boeing says 60% more freighters needed by 2041 to support air cargo
Boeing on Wednesday fine-tuned last summer’s projection that air cargo demand will double over the next 20 years, fueling a 60% expansion in the global freight...
ONE denies new container ship grounded off Brazil
Japan’s Ocean Network Express (ONE) has denied a brand new boxship grounded off Itajai in Brazil on only its second visit. The 11,800-teu ONE Amazon (built...
Another container index launches
Container shipping has another index it can consult. The Korea Ocean Business Corporation (KOBC) Container Composite Index (KCCI) has been launched to give shippers...
Is it time for container spot rates to arrest their fall?
It has been a norm for the Global Container Spot Rate Indices to have weekly falls in rates, one after the other, ever since February 2022. Indices have lost as m...
Hyundai Heavy unveils boxship design with no lashings
The United States and Norway have launched a new global challenge to accelerate the reduction of greenhouse gas emissions from the shipping sector. The “Gre...
Hyundai Heavy unveils boxship design with no lashings
South Korea’s Hyundai Heavy Industries (HHI) has developed a containership design which requires no lashings. HHI removed the lashing bridge and hatch cover...
How supply chain disruptions are fueling technology innovation
For as long as humans have shipped goods across oceans, the global supply chain has been exposed to unexpected disruptions. Natural disasters, international tens...
Idled Boxship Fleet Sails Past 1 Million TEUs as Blankings Fail to Stop Freight Rate Erosion
The idled containership fleet has breached the 1m teu capacity milestone – and is set to jump significantly higher as carriers prepare to temporarily suspend s...
01 September 2024
Container Prices Double, Leasing Rates Triple in China
04 September 2024
Maersk sets new bar with shipping’s first climate target validation
06 September 2024
Port of Los Angeles Reports Another Busy Month for Cargo Volumes
09 Agustus 2024