News
China Floats First 24,000 TEU Boxship Built for Evergreen
China’s Hudong Zhonghua Shipbuilding, a division of CSSC, floated Evergreen Line’s newest containership which is being called the world’s largest c...
Evergreen Hands Out Huge Bonuses for Record-Setting Year
Evergreen Marine Corp (EMC), the Taiwanese ocean carrier, is reportedly handing out generous annual bonuses after a great year for the company’s finances. Some...
Euroseas Announces New Containership Charters at More Than Twice the Rate of Existing Contracts
Greek containership operator Euroseas has announced its latest head-turning charters for two of its ships at “more than twice” the rate their existing co...
How ocean carriers dove deeper into logistics, air cargo in 2021
For big ocean freight lines, 2021 was marked not only by record profits stemming from COVID-related constraints on shipping patterns and capacity but by significant...
Expect more shipping chaos as Omicron forces transport workers to quit
From seafarers refusing to get back on ships to truck drivers whose concern over Covid-related border closures trumps the lure of higher pay, the transport industry...
Shippers Plan New Strategies, Stopgap Measures to Ease Freight Pain
Businesses rattled by high logistics costs and freight bottlenecks are extending the workarounds they adopted during the pandemic and taking on new strategies to eas...
Cargo salvage booms as abandoned goods litter supply chain
Global supply chain problems have thrown up everything from abandoned containers full of rotten red cabbages to beer kegs and dog blankets. The stranded, u...
The Loadstar: A Year of Covid Variants and Milking the Freight Rate Cash Cow
Starting the year in lockdown and ending the year in lockdown, it all seems like a scene from the Bill Murray classic film Groundhog Day, but in between we did...
The Unique Way Cargo Ships May Soon Cross The Ocean
It may — at first glance, anyway — seem far-fetched, but a French shipping company, a multinational aerospace corporation, and a French technology compan...
San Pedro Ports Delay Container Dwell Fee For Seventh Week
The ports of Los Angeles and Long Beach are once again postponing the implementation of the new “container dwell fees,” marking a seventh week in a row....
06 January 2025
Hurricane Beryl trims cargo volumes in Houston and New Orleans
25 January 2025
Container freight rates tumble
08 February 2025