"There seems to be nothing ocean carriers can do – or are prepared to do – to stop the rapid slide o...
The deteriorative effects of the latest ILWU strikes on the transpacific tradelane are clearly visib...
"Port users have responded angrily to DP World Australia’s planned increase in terminal fees of up t...
"Forwarders need to pull out of the ‘race-to-the-bottom’ on ocean rates or risk losing customers, ma...
"Container spot rates from China to North Europe are in freefall with average rates dipping below $1...
"Hopes for a settlement in the contract negotiations in the US rail industry are on the wane. And an...
"HMM should be nationalised, according to Busan civic groups and members of South Korea’s marine ind...
"Container spot rates from Asia to Europe and the US are coming under increased pressure, as the pea...
"Typhoon Hinnamor has forced the ports of Shanghai, Ningbo and Busan to close, further disrupting sh...
"While US ports and container terminals still resist a regulatory drive to curtail detention and dem...
"Hundreds of clerks represented by the International Longshore and Warehouse Union (ILWU) walked off...
"Overcapacity will persist next year and, along with stricter environmental regulations, will prompt...
"Maersk has ruled out ocean freight rate discounts along the ‘patriotic’ lines established in recent...
"Privatisation of South Korean ocean carrier HMM is finally set to progress, now Seoul-based investm...
"With the Q2 earnings season reaching its finale, an Alphaliner survey this week shows the profitabi...
"Cosco Shipping Holdings deputy GM Chen Shuai has sought to calm concerns that the overcapacity seen...
“Exports from the top ten US container ports slumped by 8.3% in July, compared with the same month o...
“As the ASEAN “tiger economies” continue to reshape the world’s largest container trade, some domest...
“The Global Shippers Forum (GSF) has issued a warning to ocean freight customers as they find themse...
“Maersk’s cuts in capital expenditure, including its decision not to order new vessels in the next t...
“With Shanghai on the cusp of unlocking its manufacturing and unshackling frustrated container exports, spot rates from Asia are set to increase in the coming weeks.” See the original story at The Loadstar. Source: The Loadstar (JK)
“The brakes have been applied hard on traffic flows at the Port of Vancouver.” See the original story at The Loadstar. Source: The Loadstar (JK)
“Patrick Terminals is seeking to terminate its enterprise agreement with the Maritime Union of Australia (MUA), upping the ante in its long-running dispute with the union.” See the original story at The Loadstar. Source: The Loadstar (JK)
“Ocean carriers fear that fiscal policies designed to stem inflationary pressures in Europe will wea...
“With the severe shortage of containers and capacity, Indian forwarders are being quoted “crazy” freight rates by carriers that “won’t honour” contracts.” See the original story at The Loadstar. Source: The Loadstar (JK)
“The Maritime Union of Australia (MUA) has begun a series of work stoppages at Patrick Terminals’ Sy...
“Some 40,000 UK workers at National Rail could stage “the biggest rail strike in modern history” – a...
“Financial burdens from the IMO’s 2020 sulfur cap, a projected slowdown in trade growth and the looming threat of overcapacity could bump out some carriers.” To learn more, see the original story at American Shipper. Source: American Shipper (JK)
“X-Press Feeders has said a grey sheen has appeared from the wreck of the X-Press Pearl, raising the...
“Following the normalising of relations between Israel and the United Arab Emirates (UAE) DP World’s...
**“Hyundai Merchant Marine said Tuesday its consortium with Heung-A Shipping and Sinokor Merchant Ma...
“Short-term freight rates from China to North Europe have breached the $20,000 per 40ft mark, while transpacific carriers are quoting rates of up to $25,000 to the US west coast.” See the original story at The Loadstar. Source: The Loadstar (JK)
“At the first meeting three years ago of the Global Industry Alliance (GIA), a partnership of the In...
“Although Kawasaki Kisen Kaisha Ltd. (“K” Line) recorded a fiscal year 2019 net profit of 5.3 billio...
“The Seaport Terminal Operators Association of Nigeria (STOAN) has said that the Lagos Port Complex,...
“Port of Los Angeles Executive Director Gene Seroka has described the gateway’s latest volume figure...
“Shippers from Asia to North Europe are being given conflicting information on vessel ETAs by carriers in the same alliance, and for the same ship.” See the original story at The Loadstar. Source: The Loadstar (JK)
A chink of light has emerged in Hyundai Merchant Marine’s tricky negotiations with tonnage providers...
“The Government has been urged to commission a report on the ability of Irish ports to handle new ro...
“The ports of Vancouver and Prince Rupert are expected to contend with vessel delays and longer rail...
“Congestion in container shipping is continuing to rise with more than 12 per cent of all shipped goods currently stuck.” See the original story at Port Technology. Source: Port Technology (JK)
“Cold water is being poured on any optimistic outlook by some ocean carriers for a speedy recovery of the container industry from the impact of Covid-19.” See the original story at The Loadstar. Source: The Loadstar (JK)
“The traditional post-new year (CNY) lull has helped ease China’s port congestion, but cargo backlogs and container shortages are still propping up rates.” See the original story at The Loadstar. Source: The Loadstar (JK)
“Owners of specialised reefer vessels have not had much to cheer about recently as refrigerated slot...
“Israeli ocean carrier Zim has posted its first annual profit for three years – and the biggest in i...
“Ocean carriers are looking to extend transit times in a bid to improve schedule reliability and cut costs.” See the original story at The Loadstar. Source: The Loadstar (JK)
“The number of smart containers in the world’s box fleet could increase tenfold over the next five years, according to new research from Drewry Maritime Advisors.” To learn more, see the original story at The Loadstar. Source: The Loadstar (JK)
“The International Maritime Organization (IMO) is fighting a cyber attack, the second high-profile m...
“MSC has announced four additional container wayport storage hubs as part of its Covid-19 suspension...
“Antwerp is positioning itself to be the UK’s gateway to Europe. Unaccompanied container volumes hav...