#Container

Container rates rocket even higher — and there’s no end in sight

Another week, another record for container shipping spot rates. And alarmingly for shippers, upward rate momentum is accelerating. Different indexes come up with dif...

Inside container shipping’s COVID-era money-printing machine

It’s a seemingly basic shipping formula: Liners operate a fleet of container vessels, whether owned or chartered, with total capacity measured in twenty-foot e...

Shipping snarls may last well into 2022

The top U.S. maritime regulator said stretched global supply chains pushing ocean-freight rates to record highs may stay strained into 2022, raising concerns about w...

Teleport converts two A320s into air freighters

KUALA LUMPUR: AirAsia Group Bhd's cargo and logistics unit Teleport has operated its maiden freighter flight with a dedicated B737-800F aircraft, reinforcing its...

Maersk's ‘technical challenges’ with booking system not a cyber-attack

Maersk Line has confirmed that a failure of its booking systems was not due to a cyber-attack, but rather the result of a technical failure. The Danish carrier&rs...

Higher Shipping Fees Hurt Smaller Firms

Vietnamese exporters are struggling to send goods abroad despite high demand because of a nearly five-fold year-on-year surge in container shipping costs. Shipping...

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...

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...

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...

Container Lines Firmly in Control as Market Stays Red Hot

By Mike Wackett (The Loadstar) – Container freight indices are on the rise again, but even at their highly elevated levels they mask the true cost...