News
Suez accident: Japanese shippers look for new ways to Europe
Japanese shipping companies are looking to reduce their reliance on the Suez Canal. They are stepping up their search for an alternative route connecting East Asia t...
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...
Wind-Assisted Containership Receives Class Approval in Principle
A new concept design for a wind-assisted containership has been awarded an Approval in Principle by classification society Bureau Veritas. The design, named &ldqu...
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...
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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...
Egyptian court upholds seizure of container ship that blocked Suez Canal
An Egyptian court Tuesday rejected an appeal by the owner of a massive container ship of the court-ordered seizure of the vessel over a financial dispute. Egyptian 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...
06 January 2025
Hurricane Beryl trims cargo volumes in Houston and New Orleans
25 January 2025
Container freight rates tumble
08 February 2025