Containers
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FMC orders Hamburg Süd pay $9.8m reparation payment
FMC judge says Hamburg Süd retaliated against Florida-based OJ Commerce after it filed a complaint with the commission protesting detention and demurrage charges. The judge doubled the actual injury sum of $4.9m due to the carrier’s ‘knowing and willful behavour’
The Lloyd’s List Podcast: What US-China decoupling means for shipping
ONE chief executive Jeremy Nixon says carriers need to stay ‘lean and agile’ to deal with long-term geopolitical shifts, including widening divisions between the US and China that are changing container shipping trade flows
Panama Canal draught restrictions could cut boxship loads by 40%
Ships planning to transit at or near maximum authorised draught should factor in possibility of further reductions during the waiting period, marine mutual warns
US imports continue mirroring pre-pandemic levels
Cargo volumes are expected to continue rising sequentially, but the west coast labour situation is creating much uncertainty as peak season starts
MSC sells seventh containership for scrap
Sale of 3,500 teu containership adds to six vessels that MSC has sold for demolition since February. Meanwhile, Chinese owners are said to have sold several panamax and handysize bulkers for scrap
Drydocks World Dubai advances boxship repair and retrofit business
‘The trend to extend the age of container vessels means they are staying in drydock for 30 days — instead of just a week,’ said Drydocks World Dubai chief executive Captain Rado Antolovic
MOL chairman outlines vision amid shipping’s biggest challenges
Amid unprecedented global uncertainties, MOL aims to protect earnings by reducing exposure to volatility and diversifying its businesses. The steadier cash inflow resulting from these changes will help the Japanese giant address another vital industry challenge: decarbonisation
Feeder boxship charter rates under pressure as supply rises
Time charter rates for smaller boxships are coming under pressure for the first time in several weeks but rates are holding firm for larger boxships due to limited supply
Maersk sells 24-year-old boxship for recycling
Maersk has sold the 1,092 teu capacity Maersk Atlantic to Indian shipbreakers under Hong Kong Convention green ship recycling terms
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The week in charts: Box carriers push through transpacific rate increase | Western insurers cover two thirds of Russia’s Baltic and Black Sea oil exports | Iran oil exports reach record levels
Minor bulk commodity movements decline or remain flat in 2023, alternative fuel vessel orders steady in May and grain deal exports under the Black Sea Grain Initiative plummet
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Latest From Ports and Logistics
US imports continue mirroring pre-pandemic levels
Cargo volumes are expected to continue rising sequentially, but the west coast labour situation is creating much uncertainty as peak season starts
CMA CGM acquires stakes in Spanish terminals
Former Noatum terminals now owned by CSP and CMA CGM. Carrier says deal will boost its shortsea services and Mediterranean presence
Port of New York and New Jersey terminals shut early as smoke engulfs US northeast
Smoke emanating from wildfires in Canada has severely impacted air quality and visibility in the US northeast and has forced container terminals in the port of New York and New Jersey to close early on Wednesday
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
FMC orders Hamburg Süd pay $9.8m reparation payment
FMC judge says Hamburg Süd retaliated against Florida-based OJ Commerce after it filed a complaint with the commission protesting detention and demurrage charges. The judge doubled the actual injury sum of $4.9m due to the carrier’s ‘knowing and willful behavour’
One seafarer evacuated after fire breaks out on MSC boxship off UAE
A fire broke on an MSC boxship en route from Dubai to Abu Dhabi, with one crew member airlifted to hospital by the UAE National Search and Rescue Centre after sustaining burns. Video released by the emergency services shows tugs spraying water over the ship’s stern
Panama Canal draught restrictions could cut boxship loads by 40%
Ships planning to transit at or near maximum authorised draught should factor in possibility of further reductions during the waiting period, marine mutual warns
US imports continue mirroring pre-pandemic levels
Cargo volumes are expected to continue rising sequentially, but the west coast labour situation is creating much uncertainty as peak season starts
MSC sells seventh containership for scrap
Sale of 3,500 teu containership adds to six vessels that MSC has sold for demolition since February. Meanwhile, Chinese owners are said to have sold several panamax and handysize bulkers for scrap
CMA CGM acquires stakes in Spanish terminals
Former Noatum terminals now owned by CSP and CMA CGM. Carrier says deal will boost its shortsea services and Mediterranean presence
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