News

Peak freight season is underway and there’s no end in sight for congestion

Peak season for ocean freight is underway and DHL Global Forwarding says it’s way too early to declare a softening in trade volumes and a decrease in congestio...

Capacity size gap between the largest carriers and the rest of the field now bigger than ever

The capacity size gap between the largest carriers and the rest of the field is now bigger than ever, according to data carried in the latest weekly report from Alph...

Everything You Need to Know Before Calculating Shipping Costs

When looking at the overall global shipping industry, the first rule is to know exactly how much you are going to pay for the shipping cost of your products. Regardl...

Hapag-Lloyd Preparing to Launch Real-Time Container Tracking Across Entire Fleet

German liner Hapag-Lloyd is starting to install real-time tracking devices on its entire fleet of approximately 3 million twenty-foot equivalent (TEU) containers....

Xeneta Says Long-Term Container Rates May Have Peaked

Oslo-based freight benchmarking and market intelligence platform Xeneta believes long-term container shipping rates may have finally peaked, although they...

Ocean Shipping Reform Act: Detention and Demurrage Disconnects

In the recently enacted Ocean Shipping Reform Act of 2022 (OSRA 2022 or “The Shipping Act,” for short), there is a great deal of attention on t...

Ultra-Large Containership APL Vanda Loses Boxes Overboard in Indian Ocean

A CMA CGM-operated mega containership apparently lost an undisclosed number of containers overboard while underway in the Indian Ocean off the coast of Djibouti earl...

Record Container Ordering in 2021 Created Equipment Surplus, Drewry Says

Container lessors and ocean carriers ordered a record number of containers in 2021 as congestion across global supply chains kept equipment tied up for longer, accor...

Empty Container Boxes Stuck At Rotterdam May Stoke Asia Shortage

Empty container boxes crucial for Asia’s exporters are getting stuck in the port of Rotterdam as a growing backlog of undelivered goods at Europe&rsq...

Drewry: Beginning of the End for Container Shipping’s Bull Run

Container shipping’s pandemic-fueled boom cycle has undoubtedly taken a turn in recent months, but lingering congestion is likely to prevent a swift return to...