Container trade’s next turn: Price wars, cheap contracts, new ships
Two container shipping experts give their take on how the hangover after the pandemic boom could play out.
Two container shipping experts give their take on how the hangover after the pandemic boom could play out.
Ocean carrier Maersk sees a rough second half of the year, when remaining support from contract rates “will disappear.”
The 2M partnership between MSC and Maersk — which is breaking up — is the smallest of the three alliances. The Ocean Alliance is much larger.
Speculation is swirling on how the end of a global container shipping alliance will affect ocean carriers and cargo shippers.
The trans-Pacific container trade is vastly different than pre-pandemic, with more ships, more competition, and a new leader: Maersk.
FreightWaves identifies importers who use the Asia-West Coast service.
South Korean carrier announces opening of fleet control center but doesn’t open up about sailing plans.
Some ships bypass calls at Port NOLA this week, although Port Houston reports no schedule changes.
New normal for container shipping: active capacity management and digital spot bookings.
Ports on the Atlantic are losing imports from Europe as well as Asia.
Two logistics parks are in operation nearby and more are to come in Alabama.
Darren Prokop’s commentary concerns whether price gouging is taking place on container shipping between Asian ports and the U.S.
“Optics” are bad but freight pricing doesn’t appear to meet regulatory bar for intervention.
By artificially restricting capacity, carrier alliances have engineered rates higher and may book a profit this year.
The container ship helping set the record is longer than the Eiffel Tower is tall and capable of carrying 384 million pairs of shoes.
An exclusive interview with Sea-Intelligence CEO Alan Murphy on how canceled sailings can signal future demand.
Net loss whittled from $24.3 million last year to $11.9 million in Q1 2020
Website and the online booking platform of MSC have gone offline but fallout appears contained.
No collapse yet for ocean container spot rates. In fact, they’re up.
More booking cancellations equal more ocean-service cancellations equal more delivery uncertainty.
The shipping grapevine is abuzz with rumors that the man who was Maersk’s COO until Monday (Nov. 11) could soon be leading MSC.
Delays, diversions and weekend gates as ports get back to normal schedules.
At least 15 scheduled sailings from Asia are being temporarily culled due to the Chinese national holiday.
Liner alliances in a quandary about what to do with largest capacity ships as cancelled port calls increase to deal with capacity glut.
Overcapacity and low utilization rates have plagued the Asia to Europe trades for some years, and with a further 1.1 million TEU capacity set to be delivered between now and the end of 2020, the supply and demand ratio is expected to affect freight rates up to the end of 2022.