Ocean Carriers Making Contingency Plans as Felixstowe Labor Dispute Hardens

By Mike Wackett (The Loadstar) – Ocean carriers calling at Felixstowe are making contingency plans in case the eight-day strike at the UK’s biggest container port starting on Sunday is not…

By Mike Wackett (The Loadstar) – Ocean carriers calling at Felixstowe are making contingency plans in case the eight-day strike at the UK’s biggest container port starting on Sunday is not...

More Blank Sailings Likely as Spot Rates Tumble

By Mike Wackett (The Loadstar) – Container spot rates are falling fast on all export routes from China in what should normally be the peak season for demand. According to today’s…

By Mike Wackett (The Loadstar) – Container spot rates are falling fast on all export routes from China in what should normally be the peak season for demand. According to today’s...

Ocean Carrier HMM Sees ‘Considerable Uncertainties’ Ahead for Container Shipping as Profits Role In

By Mike Wackett (The Loadstar) – South Korea’s national flagship carrier, HMM, reported a net profit of $2.24bn in the second quarter, for a $4.62bn half-year result – but is decidedly…

By Mike Wackett (The Loadstar) – South Korea’s national flagship carrier, HMM, reported a net profit of $2.24bn in the second quarter, for a $4.62bn half-year result – but is decidedly...

Containership Charter Market Could See New Spike as Ships Slow Down for New Emissions Regulations

By Mike Wackett (The Loadstar) – The containership charter market could see a new spike this year, as liner operators look to redesign their networks to compensate for ships reducing speed…

By Mike Wackett (The Loadstar) – The containership charter market could see a new spike this year, as liner operators look to redesign their networks to compensate for ships reducing speed...

Confident Maersk Builds $19 Billion M&A War Chest

By Mike Wackett (The Loadstar) – Maersk CEO Soren Skou told investors today he remained “confident” about the shipping line’s contracted customers sticking with their agreements, despite a backdrop of softer…

By Mike Wackett (The Loadstar) – Maersk CEO Soren Skou told investors today he remained “confident” about the shipping line’s contracted customers sticking with their agreements, despite a backdrop of softer...

Dock Strikes and Shippers Seeking Rate Renegotiations Add Pressure on Carriers

By Mike Wackett (The Loadstar) – The threat of dock strikes at Felixstowe and Liverpool next month, together with the potential resumption of industrial action at German ports, add to the…

By Mike Wackett (The Loadstar) – The threat of dock strikes at Felixstowe and Liverpool next month, together with the potential resumption of industrial action at German ports, add to the...

Carriers Told to Stick to Schedules as North Europe Port Volumes Fall

By Mike Wackett (The Loadstar) – The two biggest North European hub ports, Rotterdam and Antwerp-Bruges, handled fewer containers in the first half of this year compared with H1 21….

By Mike Wackett (The Loadstar) – The two biggest North European hub ports, Rotterdam and Antwerp-Bruges, handled fewer containers in the first half of this year compared with H1 21....

U.S. Container Imports Rise in June as Congestion Shifts East

By Mike Wackett (The Loadstar) US import container volumes grew by 5.9% in June, year on year, defying weaker consumer demand trends. According to the latest McCown Report, throughput at the…

By Mike Wackett (The Loadstar) US import container volumes grew by 5.9% in June, year on year, defying weaker consumer demand trends. According to the latest McCown Report, throughput at the...

Shanghai’s Mass COVID Testing Raises Spectre of More Lockdown Disruption

By Sam Whelan (The Loadstar) – With mass testing again underway, there are renewed fears that Shanghai could go back into lockdown and disrupt peak season. It’s only been five weeks…

By Sam Whelan (The Loadstar) – With mass testing again underway, there are renewed fears that Shanghai could go back into lockdown and disrupt peak season. It’s only been five weeks...

OOCL Proves Carriers Can Still Perform in Softer Market

By Mike Wackett (The Loadstar) – Ocean carrier average rates per teu appear to have plateaued in the second quarter, as contract rate increases are negated by tumbling spot rates, which…

By Mike Wackett (The Loadstar) – Ocean carrier average rates per teu appear to have plateaued in the second quarter, as contract rate increases are negated by tumbling spot rates, which...