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Ningbo to probe misconduct by shipping industry
The move to investigate unfair pricing aims to support the sustainable development of small and mid-sized enterprises, according to a government statement
The Lloyd’s List Podcast: The regulators’ view of container chaos
Carriers may be following the letter of the law, but not necessarily the spirit of it, and are not behaving like good corporate citizens, according to our guest this week. Daniel Maffei is the chairman of the Federal Maritime Commission — the Washington agency responsible for regulating the US ocean shipping trades so when he tells liner bosses to ‘put on their commonsense caps’ they should probably listen
US east coast ports see stronger volume growth
Volumes continue to grow on both sides of the US, but the east coast is taking the lion’s share. An easing of lockdowns in Shanghai could see a surge on the west coast, however
The week in charts: Smaller tankers, not VLCCs, lead tanker recovery | Much of Sovcomflot’s fleet is waiting for orders | Boxship newbuilding orderbook is set to surpass 30% of operational fleet
The situation in Ukraine causes war loss and damage incidents to rise to 1990 levels; the bulk carrier market will benefit from a boost in grain exports from South America; and VLCC rates remain in the negative, despite a lift in rates for smaller tankers
Boxship newbuilding orderbook set to hit 30% of operational fleet
Newbuilding contracts awaiting confirmation for CMA CGM, MSC and Seaspan will drive the global boxship orderbook past 30% of the existing fleet
Container lines cut capacity with mixed results for freight rates
Carriers have responded to the slowdown in exports out of Asia by blanking sailings to meet demand. This has worked to some extent, but not on all trades
Boxship charter market stable but feeders show signs of softening
Recent boxship fixtures include a 3,800 teu vessel fixed by Wan Hai Lines at $125,000 per day for a short-term charter
Port throughput masks volume losses in Shanghai
The double counting of teu for barge services shows the underlying volume of containerised cargo in Shanghai has taken a bigger hit from the lockdown than what appears on the operator’s throughput books
Lockdown effects will linger after Shanghai reopens
Shippers will be unwilling to risk the delays in shipments suffered last year and will book early. But a surge of cargo when Shanghai reopens could lead to further supply chain disruption
China lockdowns skew container throughput figures
After a slow start to the year, import volumes picked up at the end of the first quarter. Strong US consumer demand could see another boom when lockdown restrictions ease
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Latest From Ports and Logistics
Maersk relaunches China-Europe rail service
Rail freight between China and Europe has traditionally provided a useful buffer between air and ocean services. Maersk is now resuming services through a combination of rail, barge and feederships
Shipping’s future-fuel demands require all current renewables capacity
Shipping will need renewable power equivalent to all that produced in a year if it is to decarbonise, according to a report
US east coast ports see stronger volume growth
Volumes continue to grow on both sides of the US, but the east coast is taking the lion’s share. An easing of lockdowns in Shanghai could see a surge on the west coast, however
More from Containers
Are you sure you'd like to remove this alert? You will no longer receive email updates about this topic.
Latest From Containers
Maersk relaunches China-Europe rail service
Rail freight between China and Europe has traditionally provided a useful buffer between air and ocean services. Maersk is now resuming services through a combination of rail, barge and feederships
Euroseas orders two more newbuilds at Hyundai Mipo
Nasdaq-listed Euroseas now has an orderbook of nine boxships, including three 1,800 teu feeders
ACL helps Grimaldi deliver best-ever financial performance
Grimaldi Group increased its turnover by 25% in 2021, while profits before deductions were up by 44%
US east coast ports see stronger volume growth
Volumes continue to grow on both sides of the US, but the east coast is taking the lion’s share. An easing of lockdowns in Shanghai could see a surge on the west coast, however
The week in charts: Smaller tankers, not VLCCs, lead tanker recovery | Much of Sovcomflot’s fleet is waiting for orders | Boxship newbuilding orderbook is set to surpass 30% of operational fleet
The situation in Ukraine causes war loss and damage incidents to rise to 1990 levels; the bulk carrier market will benefit from a boost in grain exports from South America; and VLCC rates remain in the negative, despite a lift in rates for smaller tankers
Ningbo to probe misconduct by shipping industry
The move to investigate unfair pricing aims to support the sustainable development of small and mid-sized enterprises, according to a government statement
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