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container shipping news
Container Shipping News
Container shipping news and analysis of ocean container shipping, logistics, supply chains, technology and end-to-end connectivity.
Subsections
Container lines
Forwarding
Trans-Pacific
Trans-Atlantic
Asia-Europe
The latest Container Shipping News & Analysis
Container volume growth poised to outpace capacity gains
Greg Knowler, Senior Editor Europe |
Throughput volume at the world's major gateways has been so strong in the first quarter that analyst Alphaliner has revised upwards its forecast for 2017.
Port News
Maritime
Container lines
Lack of terminal-carrier cooperation costs port productivity
Turloch Mooney, Senior Editor, Global Ports |
The joint study found contacts between key industry stakeholders are often “zero-sum” and not normally focused on cooperation to make improvements for mutual gain.
Container lines
New Japanese joint venture carrier now ONE step closer
Greg Knowler, Senior Editor Europe |
The name of the joint venture container line that will be formed from the merger of Japan's three main carriers has been announced.
Maritime
Container lines
Container shipping needs clarity on IMO low-sulfur rule enforcement
Mark Szakonyi, Executive Editor, JOC.com and The Journal of Commerce |
The sharp difference in what carriers will have to pay for lower sulfur fuel makes it tempting to skirt the new rule.
Transport, Trade and Regulation News
Maritime
Container lines
Hapag-Lloyd gets OK for capital injection
Bruce Barnard, Special Correspondent |
The shareholders also approved the expansion of the company’s supervisory board.
Container lines
Drewry: Container shipping set for $1.5B profit in 2017
Bruce Barnard, Special Correspondent |
The market rebound will reverse the heavy deficit incurred in 2016.
Container lines
Indian shipping lines struggle against weak demand, pricing
India Special Correspondent |
Earnings nosedived across all of the business segments on India's largest shipping line.
Container lines
DP World said eyeing stake in Russia’s Fesco
Bruce Barnard, Special Correspondent |
Fesco is currently in talks with its creditors and bondholders over the restructuring of its debts.
Container lines
Asia-South America spot rate hits record high
Greg Knowler, Senior Editor Europe |
Rates on Asia-South America East Coast has soared to its highest level ever recorded as disciplined capacity management by carriers continues to support the spot market.
Container lines
Faster US-Southeast Asia transits poised to fuel further growth
Bill Mongelluzzo, Senior Editor |
Nine port pairs on services between Southeast Asia and the West Coast are experiencing faster transit times than before the new and enhanced alliances launched April 1.
Transport, Trade and Regulation News
Maritime
Container lines
New alliance services from Asia benefit Boston
Hugh R. Morley, Senior Editor |
The opening of the elevated Bayonne Bridge in June is likely to bring change.
North American ports
Container lines
Trans-Pac spot rates slide into Memorial Day weekend
Bill Mongelluzzo, Senior Editor |
Spot rates in the eastbound Pacific dropped for the fourth straight week.
Container lines
Maersk revamps India-Africa coverage
India Special Correspondent |
Container lines
Asia-Europe rates rise ahead of June 1 increases
Greg Knowler, Senior Editor Europe |
After three weeks of declines, the China to Europe and the Mediterranean spot rates rose this week, probably lifted by shippers trying to beat the rate increases coming on June 1.
Container lines
US bill would make carriers choose: alliances or discussion groups
JOC Staff |
Legislators’ recent interest in rewriting the Shipping Act of 1984 has been sparked by third-party suppliers’ fears of alliances having too much power.
Transport, Trade and Regulation News
Maritime
Container lines
Container rebound drives Costamare share sale
Bruce Barnard, Special Correspondent |
Costamare is one of the leading charter ship owners, with a fleet of 72 vessels.
Container lines
Hapag-Lloyd ends free gensets for US reefer shippers
Hugh R. Morley, Senior Editor |
Hapag-Lloyd joins group of carriers that charge for refrigerated container gensets.
Marine terminals
Cool Cargo News
Container lines
Hapag-Lloyd, UASC close merger
JOC Staff |
“This is an important strategic milestone and a big step forward for Hapag-Lloyd.”
Container lines
Acquisitions fuel Eimskip revenue jump
Bruce Barnard, Special Correspondent |
“The first quarter was in line with our expectations.”
Container lines
Carriers say mega-ship sizes maxing out, but doubts remain
Reynolds Hutchins, Associate Editor |
According to analysts, low freight demand, overcapacity, and the consequent tightening of profit margins has placed shipbuilding on a sort of hiatus, but it won't last.
Container lines
CMA CGM to levy cancellation fee on Europe-Middle East-India trade
Greg Knowler, Senior Editor Europe |
Shippers using CMA CGM on the North Europe-Middle East-India trade will face a container booking cancellation fee from June 1.
Container lines
FMC’s Doyle backs safeguards for domestic alliance suppliers
Reynolds Hutchins, Associate Editor |
Such a move already has support on Capitol Hill, where lawmakers have been weighing options to strengthen Federal Maritime Commission safeguards against collusion among carriers in the world’s three major VSAs.
Transport, Trade and Regulation News
Trucking News
Container lines
Drayage
US containerized export growth decelerates
Bill Mongelluzzo, Senior Editor |
Growth in US containerized exports continues, but slows, despite uncertainties over the direction of US trade policy, a strong dollar, and growing competition.
Container lines
North American ports
MPC Container Ships strikes 13 vessel deals
Bruce Barnard, Special Correspondent |
Five have already been taken over and the remaining two are scheduled for delivery by the end of June.
Container lines
Overcapacity blamed for suppressing intra-Asia rates
Greg Knowler, Senior Editor Europe |
Rapid growth in intra-Asia container volume unable to get rates up, which Drewry suggests may be a result of larger vessels being deployed on the trade.
Container lines
Too soon to tell if carriers heading back to black
Greg Knowler, Senior Editor Europe |
There are signs that the liner shipping business is clawing its way back to profitability, but with the real impact of higher contract rates yet to be felt, it is too soon to say.
Container lines
Trans-Pac spot rates fall as alliance disruption fears fade
Bill Mongelluzzo, Senior Editor |
The US import trade from Asia returned to market fundamentals.
Container lines
CMA CGM swings to profit on higher rates
Bruce Barnard, Special Correspondent |
CMA CGM returned to the black in the first quarter.
Container lines
China-Europe spot rates on a slow but steady slide
Greg Knowler, Senior Editor Europe |
Spot rates on China-Europe and Asia-Mediterranean trades have continued to decline, defying carrier attempts to move prices in the opposite direction.
Container lines
Finnlines maintains record-setting earnings momentum
Bruce Barnard, Special Correspondent |
Finnlines’ extended its four-year run of record results.
Container lines
Breakbulk News
Industry says Hong Kong bridge draft hurting mega-ship clearance
Turloch Mooney, Senior Editor, Global Ports |
Container shipping stakeholders are pressing the Hong Kong government to adjust the air draft clearance restriction of an iconic Hong Kong suspension bridge.
International ports
Container lines
Rising market fails to lift stocks of Japanese carriers
Tomoo Yatsuhashi, Japan Special Correspondent |
Share prices of Japan’s top three shipping firms are languishing.
Container lines
US shipping unit weighs on Sumitomo Warehouse earnings
Tomoo Yatsuhashi, Japan Special Correspondent |
Revenue and profit both sank at Japan’s Sumitomo Warehouse Co.
Logistics Technology News
Container lines
Global container trade expands at fastest pace since 2010
Bruce Barnard, Special Correspondent |
"We have seen growth spurts before that have fizzled out and regressed back to the downwards trend soon enough, although admittedly none in recent years have been close to the same magnitude.”
Container lines
NY-NJ port honing navigation for ships up to 18,000-TEU
Hugh R. Morley, Senior Editor |
Recommendations highlight the unique requirements of mega-ships and the complexity of bringing them to berth.
North American ports
Container lines
Maersk: Fundamentals in place for 2017 market revival
Greg Knowler, Senior Editor Europe |
With the loss-making first quarter out of the way, Maersk Line expects the recovering market to drive up profitability for the rest of the year.
Container lines
Evergreen swings to profit on higher rates, volume
Greg Knowler, Senior Editor Europe |
Taiwan’s top three carriers — Evergreen Marine Corp., Wan Hai Lines, and Yang Ming — have posted their first-quarter financial results.
Container lines
Trans-Pac spot rates fall for second straight week
Bill Mongelluzzo, Senior Editor |
The commercial and operational environment in the largest US trade lane is unsettled right now due to new service contracts taking effect on May 1.
Container lines
13,000-TEU ships to be new workhorses on Asia-US trades
Bill Mongelluzzo, Senior Editor |
With 13,000-TEU+ vessels becoming more common in US trades, BCOs on both coasts brace for yard and gate congestion at marine terminals.
Container lines
Hapag-Lloyd loss widens on bunker surge, rate dip
Bruce Barnard, Special Correspondent |
Hapag-Lloyd’s net loss widened in the first quarter.
Container lines
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