A supply and demand imbalance continues to weaken pricing on U.S. container trade routes as ocean carriers chase a softer market with more ships, particularly to the U.S. East Coast, Xeneta data shows ...
The return of vessel queues outside Singapore, and many other ports for the first time since Covid, points to trouble in the system that transports 45% of global trade by value. At least 6-7% vessel ...
Alphaliner says CMA CGM's market share of intra-Mediterranean container capacity has increased to 23.1% over the past year.
By Ben Aris in Berlin The global container shipping industry is increasingly concentrated in the hands of a few large companies—almost all of them headquartered in Europe or Asia. While US ports play ...
In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEU, beating the previous record from 2015 when 1.7 million TEU was delivered. “The 2023 record is now likely ...
A potential return to normal Red Sea and Suez Canal routings looms large over the container shipping market outlook, with the shift expected to have a material impact on ship demand and overall market ...
"Assuming a significant increase in recycling of older ships and a reduction in average sailing speeds, we forecast that ...
A proposal from the United States Trade Representative’s (USTR) office that would charge Chinese ships up to $1.5 million to call at U.S. ports could disrupt ocean carriers and potentially cause ...
Consumers gearing up to buy the latest imported appliances, clothes or electronic gadgets this holiday season might want to spare a thought for the companies that will struggle to make money for the ...
Congestion at the Port of Singapore has gotten so bad that 90 percent of container ships are arriving at the site later than scheduled, Singapore’s transport minister Chee Hong Tat told the country’s ...
Larger ships don’t necessarily increase accident rates, but the damage they cause can be more catastrophic. The massive container ship that toppled Baltimore’s Francis Scott Key Bridge isn’t anywhere ...
The ongoing supply and demand imbalance is driving down container prices on U.S. trade routes, as ocean carriers deploy more ships in a soft market. Spot rates as of Dec. 11 from Asia to the U.S. West ...