#Shipping
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...
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...
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
Supply Lines is a daily newsletter that tracks Covid-19’s impact on trade. Sign up here, and subscribe to our Covid-19 podcast for the latest news and analysis...
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...
Shippers and forwarders claim carriers breach contracts to demand higher rates
As Asia-Europe container spot rates continue to skyrocket, shippers and freight forwarders are accusing carriers of breaching short- and long-term contracts to &ldqu...
Freight forwarders feel the US$10k heat, in red-hot Asia/Europe market
Freight forwarders say that with Asia-Europe rates rising at least fivefold year-on-year, and total rates for some cargo having topped US$10,000/FEU, shippers are de...
The Port of Halifax receives the largest container vessel to call at a Canadian port
Thursday morning, the largest containerized cargo vessel to call at a Canadian port arrived at the Port of Halifax. The CMA CGM Brazil, 366 metres length,...
Cosco Shipping and DNV GL works on smart ship data development
Cosco Shipping and DNV GL have signed a cooperation agreement to support the development of the Chinese shipping firm’s digital transformation. According to...
Container shipping must Live the digital dream
Dealing with disruption to supply chains is made easier for those digitally savvy companies that took an early leap into the virtual world, says Ross Martin, Chief O...
Gantry crane contacted by container ship, collapsed
Container ship MOUNT CAMERON contacted gantry crane at Pier 2 of Chittagong Container Terminal in the afternoon Aug 20, while maneuvering to berth at Pier 5. Gantry...
Why your package might be late: Shipping industry warns of trade logjam as crews remain stranded
The international shipping industry has warned of a threat to global trade from a mounting crisis on board merchant vessels, with up to 400,000 crew stranded either...
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