Containers
Ports at full capacity across northern Europe
Most north European ports are suffering from congestion, according to K+N’s Seaexplorer, but the situation in the US has been exacerbated by the strong rebound in the Pacific trades, in contrast to the flat Asia-Europe volumes compared with pre-pandemic levels
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
Container rates suppressed, but not depressed
Whether freight rates continue to head south or find their way back, investors in container shipping stocks will need to think carefully about their next moves
Don’t scapegoat shipping for the world’s just-in-time jitters
Shipping — which usually moves more than 200m teu from A to B each year — is suddenly in the news because consumers may not get what they want for Christmas on time
Is Maersk lining up a big-ticket logistics purchase?
Talk linking Maersk with US logistics group CH Robinson has resurfaced in industry circles, where speculation is rife about what container lines plan to do with their swollen bank balances after the bumper profits they are earning this year
US truckers link pay issues to Biden’s 24/7 ports plan
The difficulties that drayage drivers have in earning a living was shown on October 12 when XPO Logistics agreed to pay $30m to settle class-action lawsuits filed by hundreds of them
Empty containers expose supply chain fractures
Huge trade imbalances between Asia and the big consumer markets in North America and Europe mean that millions of empty containers have to be repositioned each year, a challenge at the best of times but an absolute nightmare when cargo volumes are so strong, ships are running late, and a shortage of truck drivers is adding to the disruption
The week in charts: Box volume growth eases | Capesize daily rates breach $80,000 | Special Report: Greece & Cyprus 2021
At the start of box shipping’s peak season, volume growth is slowing against even 2020’s pandemic-strained figures, while tonnage tightness drives capsize rates up and above the $80,000 per day mark
Daehan Shipbuilding wins first boxship order since establishment
Deal comes amid a newbuild spree launched by owners in the sector since late last year, leading to a spillover of orders from the top-tier shipyards to their smaller rivals
Mixed views on box shipping prospects as Cosco profits hit new high
US retail inventory has returned to pre-pandemic levels, while consumer spending on goods has shown signs of a dip. Slowing cargo demand could release more carrying capacity. This could mean that freight rates lose their main support from the logistics bottleneck at some point next year
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Latest From Ports and Logistics
Daily Briefing October 18 2021
FrontNav — a tanker giant 20 years in the making? | Don’t scapegoat shipping for the world’s just-in-time jitters | Container rates suppressed, but not depressed | The Lloyd’s List Podcast: The evolving risk of subterfuge shipping
Container rates suppressed, but not depressed
Whether freight rates continue to head south or find their way back, investors in container shipping stocks will need to think carefully about their next moves
Fires at bulk terminals hinder coal shipments
Force majeure declarations at Richard’s Bay in South Africa and Vanino in Russia come at a time of surging coal demand amid an energy shortage
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
Daily Briefing October 18 2021
FrontNav — a tanker giant 20 years in the making? | Don’t scapegoat shipping for the world’s just-in-time jitters | Container rates suppressed, but not depressed | The Lloyd’s List Podcast: The evolving risk of subterfuge shipping
UN’s Guterres says shipping is failing to cut emissions
UN secretary-general Antonio Guterres called on the transport industry to set more ambitious climate targets to keep global warming below a rise of 1.5°C
Container rates suppressed, but not depressed
Whether freight rates continue to head south or find their way back, investors in container shipping stocks will need to think carefully about their next moves
Don’t scapegoat shipping for the world’s just-in-time jitters
Shipping — which usually moves more than 200m teu from A to B each year — is suddenly in the news because consumers may not get what they want for Christmas on time
Is Maersk lining up a big-ticket logistics purchase?
Talk linking Maersk with US logistics group CH Robinson has resurfaced in industry circles, where speculation is rife about what container lines plan to do with their swollen bank balances after the bumper profits they are earning this year
Employers to train more Ukrainian cadets
The International Maritime Employers’ Council is to provide about 80 training berths a year to give cadets greater job opportunities and employers a new stream of talent
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