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West of England P&I Club reports fist underwriting surplus in five years

Oct 05, 2022

Bunkerchain and S&P Global Intelligence to develop digital vessel identities

Oct 05, 2022

End-to-end shipboard carbon capture initiative launched

Oct 05, 2022

Maersk orders six more 17,000 teu methanol boxships

Oct 05, 2022

Sep 16, 2022

Container spot rates plunge 58% since January

Sep 23, 2022

Panama Canal waters overflow on the west lane of the Gatun Locks

Sep 14, 2022

Saudi Aramco to increase OSV fleet by 50% in next five years

Sep 30, 2022

Listen to the latest maritime conversation...

Highlights

CMA CGM containership calling PSA in Singapore

Container spot rates plunge 58% since January

Sep 23, 2022

Container spot rates have fallen by 10% for the fourth week running as increasingly looks like the sector could be in for a hard landing.

Container spot rates tumble another 9.7% in last week

Sep 16, 2022

Container spot rates have continued to plunge over the last week with the Shanghai Containerized Freight Index ...

Key spot container freight index rate falls 10% in a week

Sep 09, 2022

The Shanghai Containerized Freight Index (SCFI) plunged 10% week-on-week and is down nearly 19% over the last 14...

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Fundamental support for ultra-high container spot rates disappears

Sep 06, 2022

There is no longer fundamental support for the very high container spot rates seen in the market over the last 18 months as vessel utilisation numbers start to normalise.

Container spot rates keep falling, but what will be the floor?

Aug 19, 2022

Spot container freight rates are continuing fall dropping 5% on the transpacific trade over the last week according to Drewry.

THE Alliance adjusting Transpacific service due to port congestion

Jul 22, 2022

Due to continued port congestion in North America’s northwest coast, THE Alliance is adjusting its Transpacific services with port adjustments effective from August.

Tariffs and transparency

Jul 13, 2022

At the Federal Maritime Commission (FMC), tariffs published by container carriers have drawn increased scrutiny. Investigation into fees and surcharges are in line with the regulator’s expanded focus and its overarching objective of bringing...

Hapag-Lloyd drops Central America calls

Apr 12, 2022

Hapag-Lloyd is cancelling its Mediterranean Pacific Service (MPS) service on the Mediterranean-US West Coast route, resulting...

Container line schedule reliability hits new low

Mar 09, 2022

Global container line schedule reliability dropped to a new low in January this year according to analysts Sea-Intelligence.

Container line schedule reliability plunges to 35.8% in 2021

Feb 08, 2022

Container line schedule reliability slumped to 35.8% in 2021 with the performance of the three main alliances all below this...

Ports of LA/LB boxship queue keeps growing, but over the horizon

Dec 07, 2021

With the Ports of Los Angeles and Long Beach postponing a planned container dwell fee for a fourth week, and less ships visibly waiting in San Pedro Bay, it might be tempting to assume the situation is improving.

Will shippers make chartering boxships a long-term supply chain strategy?

Nov 17, 2021

Will retailers who have effectively become their own shipping lines remain so in the longer term was an interesting question posed by the Global Shippers Forum (GSF) recently.

Transpacific new entrants arriving at Port of LA without reservations

Nov 03, 2021

Port of Los Angeles Executive Director Gene Seroka says that many of the queued in San Pedro Bay waiting for berth space are newcomers to the trade that do not have reservations at its terminals.

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