Lone container line undeterred by Red Sea attacks
Alone among major liner operators, CMA CGM of France has maintained scheduled voyages between Asia, the Mediterranean and North America ports via the turbulent Red Sea.
Alone among major liner operators, CMA CGM of France has maintained scheduled voyages between Asia, the Mediterranean and North America ports via the turbulent Red Sea.
If China and Russia find the Houthi problem in the Red Sea as intractable as the U.S. and its allies have, it would all but halt what little maritime traffic remains in the region.
Longer routes and bottlenecks are expected to have a larger ripple effect on the supply chain as a whole as volumes continue to tick up and disruptions show no sign of abating.
A recent string of Houthi attacks have reignited concerns about the Red Sea crisis, raising the floor for tanker rates.
A rise in Chinese imports indicates seasonal trends are playing out as usual, very much unlike 2023’s anemic performance.
A recent round of U.S. and British strikes raise fresh questions about the impact of container shipping in the Red Sea.
Houthi attacks and Red Sea diversions will not spur inflation or a new supply chain crisis, claims consultancy Drewry.
Spot rates remain very high, but appear to have plateaued. The question ahead: Will they fall back after Chinese New Year?
The initial effect of Houthi attacks was on containerized consumer goods. The attacks are now snarling seaborne fuel flows.
Container lines faced overcapacity and huge losses in 2024. Then the Houthis flipped the market in favor of container lines.
Container-ship diversions from the Red Sea will likely last for months. Are large-scale tanker diversions imminent?
Houthi attacks have been a plus for shipping rates. The latest to benefit: Owners of container vessels that can be rented to shipping lines.
Red Sea escalation would juice tanker rates, but rates would fall if the conflict spilled into the Strait of Hormuz.
The combination of Red Sea detours and Panama Canal restrictions is having a knock-on effect: higher Asia-West Coast rates.
Imports to Europe and the U.S. East Coast face heavy delays as Operation Prosperity Guardian fails to bring shipping back to the Red Sea.
Shipping stocks are under pressure as some ocean carriers show faith in military protection from Red Sea attacks.
Ocean shipping kept the world’s cargo flowing amid two wars and disruptions at both the Panama and Suez canals.
The key question for container shipping rates: How soon can Operation Prosperity Guardian woo traffic back to the Red Sea?
Container ships have forsaken the Red Sea route but many bulk commodity vessels continue to transit the danger zone.
A growing number of ship operators are refusing to transit the Red Sea and taking a very long detour around Africa instead.
Container-ship route diversions — first to avoid the Panama Canal, now to avoid Red Sea chaos — could help offset rate pressure from newbuilding deliveries.
Next year, U.S. importers must navigate canal restrictions, diversions from the Red Sea, more canceled sailings and, possibly, a port strike.
U.S. agribulk exports to Asia are taking the longer route via the Suez Canal due to Panama transit restrictions.
This episode of Tracks Through Time focuses on the crisis over the Suez Canal that put Egypt at odds with France, Britain and Israel. The story has surprising twists and unexpected secret motives. Find out how this shaped the future of shipping routes and globalization.
The pilot of the Ever Forward could face civil charges as a result of the vessel being stuck in Maryland’s Chesapeake Bay for more than a month.
Five hundred containers were removed from the Ever Forward to lighten its load and help salvage crews refloat the vessel stuck in Chesapeake Bay.
If at first you don’t succeed, switch to plan B.
The refloating of the container ship stuck in Cheseapeake Bay could be a “long, laborious operation.”
Maritime authority Lars Jensen says the “reality is that vessels do at times get stuck and this is not an event with major global ramifications.”
Requirements from the carrier point of view, Suez Canal tolls get a hike, and it’s time to renegotiate the West Coast Longshore and Warehouse Union contract.
The increase in Suez Canal tolls range between 5%-10% and become effective Tuesday.
Putting money on what American Shipper readers were clicking on in 2021 would be a safe bet.
Yes, despite the headaches, the ocean carriers are making boatloads of money.
The “trapped” crews found many ways to pass the time, including holding their own Bitter Lake Olympiad, in celebration of the Tokyo Olympics of 1968.
The Ever Given, stuck in the Suez Canal for six days in March, finally berthed at the Port of Rotterdam on Thursday.
More than 3 months after getting stuck in Suez Canal, container ship, cargo and crew are moving again
California offshore traffic jam, Ever Given, Yantian closure, skyrocketing rates and volumes … what’s next for container shipping?
Within maritime logistics circles, an effort is underway to update the technology the industry relies on to take advantage of recent advancements in hardware and software technology.
Evergreen should decide whether to leave the containers on board the vessel or come up with a way to transfer them.
Supply chain disruptions like the Suez Canal blockage are forcing brands to a new approach to the supply chain, including ordering more product earlier.
Days after Ever Given backlog was declared cleared, the number of ships waiting to transit the Suez Canal remains high (with video).
Bad timing: Still-rising cargo demand is coinciding with container-shipping constraints in the wake of the Suez Canal crisis.
On this episode of Midday Market Update, Kaylee Nix and Michael Vincent look at top headlines and figure out if the Panama Canal is at risk for blockage.
You think you can just book your cargo on a plane to avoid the ocean shipping congestion at the Suez Canal? Guess again. Freighters were flying full even before the Ever Given got stuck, so finding space will be very difficult.
The South Korean container carrier expects the Suez Canal backlog to be cleared by the time the HMM Nuri arrives in mid-April.
The Panama Canal Authority’s administrator discusses why he’s not worried about a container ship blocking the canal.
Suez Canal accident aftermath: Extensive disruptions are ahead for key Asia-East Coast container shipping services.
‘We pulled it off!’ says salvage company Boskalis after freeing the container ship.
Digging and pulling haven’t freed the giant Ever Given vessel that has stopped traffic in the Suez Canal. The next step might be to lighten the vessel by removing cargo.
Officials say a sandstorm caused the Ever Given container ship to become lodged in the Suez Canal.
The longer the Suez saga continues, the greater the container, tanker and dry bulk shipping impacts. There could be big losers — and winners.
Additional dredgers have been brought in to help dig out the 20,000-TEU Evergreen Marine container ship.
Ramifications from the Suez Canal backup will last for weeks. Steve Ferreira breaks down what you need to know to deal with the downstream effects on this episode of Navigate B2B.
Kaylee Nix and Michael Vincent look at the latest updates on company mergers and container ship problems on this episode of Midday Market Update.
Back in the Aristotle Onassis era, a Suez Canal closure was a tanker game changer. Today, tanker upside from the canal accident is limited.
“Strong winds” are blamed for causing the 20,000-TEU Ever Given to get stuck and block Suez Canal traffic in both directions.
Vessels are backed up on both ends of the Suez Canal as tugs work to free the ultra large container ship Ever Given.
The 15,072-TEU CMA CGM Brazil earns the honor as the biggest container ship to call the East Coast.
Gene Seroka expects supply chain fractures may remain after the world heals from the coronavirus pandemic.
German container carrier also boosting lines of credit to tap if needed and holding off on buying new ships.
The trade war between the U.S. and China caused companies to adapt supply chains and the transportation of their products. Darren Prokop writes about those changes and their impacts.
U.S. House green-lights measure to improve big-ship access.
Ben Thrower recently visited the Panama Canal. He writes about the canal’s expansion and what that means to global trade and the maritime industry.
A quick round-up of what you need to know about maritime today, but didn’t have time to learn about, yet.
SONAR’s new index shows the cost difference for Asian exporters moving goods into East Coast or West Coast ports. When combined with trucking spot prices, the Panama spread helps explain recent shifts in trade flows.