News
Container Lines Firmly in Control as Market Stays Red Hot
By Mike Wackett (The Loadstar) – Container freight indices are on the rise again, but even at their highly elevated levels they mask the true cost...
MSC Set to Overtake Maersk as the World's Largest Container Line
Taking into account MSC's new orders, as well as the company's active involvement in the secondhand tonnage market, it can be said that it is all set to over...
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...
The Greek Origins of Marseille, France’s Oldest City
The huge port city of Marseille, in the south of France was founded by Greeks back in 600 BC, when the first immigrants arrived in the area and established a tr...
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...
06 January 2025
Hurricane Beryl trims cargo volumes in Houston and New Orleans
25 January 2025
Container freight rates tumble
08 February 2025