#Cargo
CMA CGM Expects Shipping Slowdown After Another Strong Quarter
Weakening consumer spending is curbing shipping demand and freight rates, transport giant CMA CGM said on Friday as it reported another jump in quarterly profit...
CMA CGM Expects Shipping Slowdown After Another Strong Quarter
Weakening consumer spending is curbing shipping demand and freight rates, transport giant CMA CGM said on Friday as it reported another jump in quarterly profit...
Container shipping profits will drop by 80% in 2023/24: HSBC report
After two years of unprecedented rises container freight rates were seen as having peaked with a downcycle in 2023 - 2024 driven by overcapacity. How...
US shipper complaint filed with FMC against Yang Ming settled out of court
A complaint filed in March 2022 with the US Federal Maritime Commission (FMC) by Achim Importing Company, a home furnishings company based in New Jersey, against Yan...
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...
HMM to charter pair of 7,700 teu dual-fuel newbuildings from 2024
South Korean flagship carrier HMM is to charter two 7,700 teu containerships reportedly ordered from HJ Shipbuilding & Construction by Navios Maritime Partners ....
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