#Ship

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...

Hapag-Lloyd Places Huge Container Order to Combat Global Box Shortage

German shipping company Hapag-Lloyd has placed an order for 150,000 twenty-foot equivalent containers amid the pandemic-fueled container crunch in Asia and around th...

‘Madness’ at the Port of Los Angeles as Cargo Surge Breaks March and Year-to-Date Records

The Port of Los Angeles processed 957,599 Twenty-Foot Equivalent Units (TEUs) last month for a 113% leap compared to March 2020 when global trade slowed to a crawl a...

ASEAN share of US-bound container shipping reaches 20%

TOKYO -- The Association of Southeast Asian Nations is making its presence felt in the U.S.-bound marine transportation market. Total shipping volume originating in...

FMC targets refunds for unfair carrier demurrage and detention charges

The US Federal Maritime Commission (FMC) is planning to help shippers “get their money back” from “unreasonable” demurrage and detention (D&a...

Efforts to dislodge stranded Suez Canal container ship intensify as backlog grows

Cairo, Egypt (CNN) Efforts to dislodge the huge container ship stuck in the Suez Canal intensified Saturday as the backlog of ships at either end of the crucial wate...

L.A.’s latest traffic jam: Dozens of container ships waiting to be unloaded

On a typical morning — before the pandemic — if you’d looked out across the Pacific from San Pedro, the southernmost part of Los Angeles, you might...

Shippers urged to get creative to combat space shortages

Shippers have been urged to get creative as capacity shortages and high rates in air cargo and other modes are expected to continue. In the latest Baltic Exchange ai...

Ship Owners Lock In Charter Rates at 13-Year Highs

By Mike Wackett (The Loadstar) – Containership charter rates have hit 13-year highs and shipowners are locking these in with carriers on three- an...

Shipping Snarls Force Global Trading to Look Outside the Box

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Container Trade 'Madness' Driving More Asia Cargo to Other Modes

The “madness” of ex-Asia container rates is driving more un-boxing of containerised cargo. And the resulting bounceback for breakbulk is providing a boon...

An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%

SINGAPORE — A critical shortage of containers is driving up shipping costs and delays for goods purchased from China. The pandemic and uneven global economic r...

Three new container services connecting Qinqdao with Southeast Asia, India

The three new shipping services are a Southeast Asia service providing by Evergreen Marine, which will establish a fast and low-cost shipping logistics channel betwe...

With air cargo rates set to remain sky high, shippers need to plan carefully

Accurate forecasting by shippers will be crucial to manage their shipping requirements – and costs – efficiently, as air freight rates look set to remain...