#Cargo Bali

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...

New Container Terminal Would Boost Capacity at Port of Baltimore

The Port of Baltimore, one of the busiest in the country for roll/on-roll/off cargo, is set for a big boost to its container handling capacity. A new private part...

Maersk Warns of ‘Dark Clouds on the Horizon’ for Container Shipping

Maersk delivered another record quarter in Q3 2022, but “dark clouds” are gathering on the horizon. A.P. Moller – Maersk on Wednesday repor...

New report warns hackers could create another Ever Given incident in the Suez

The Suez Canal is among the most secure waterways in the world, with thousands of soldiers and check-points covering the 193 km trade artery. However, despite the mi...

Shipping giant Maersk's ominous warning of 'dark clouds on horizon' indicates trade is slowing globally

Anyone worried that a global recession is looming will take no comfort from the trading update issued today by AP Moller-Maersk. The Danish company, the world'...

Maersk Gives Overstocked Retailers the Option to Slow Arrivals

Maersk says it is offering shippers the opportunity to slow cargo arrivals from Asia destined for European and US ports to help retailers manage bloated inventories....

Another of the world's largest container ships anchors off coast

An anchorage off the Suffolk coast is continuing to welcome some of the largest container ships in the world. Shipping watchers have another large container vesse...

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...