Containers Rates344

Putting some perspective on just how enormous the rerouting of global trade has been in the wake of the Houthi attacks in and around the Red Sea over the past…

With more than one new containership delivering every single day this year, the avalanche of box newbuilds shows no sign of easing, despite analyst overcapacity concerns. Japan’s Ocean Network Express…

SC Ports which operates the Port of Charleston, South Carolina announced plans for a major expansion that will more than double capacity at its North Charleston Terminal. It is part…

A new Chinese entrant is ready to enter the transpacific container trades. Hong Kong-based Hede (Hong Kong) International Shipping, part of Tangshan Port Industrial Group, will deploy two 4,250 teu…

U.S. imports are strong and continuing to grow with the outlook remaining positive into 2024. The disruptions in the Red Sea and at the Panama Canal have not impacted the…

Business consultants at AlixPartners have suggested the remaining members of THE Alliance should attempt to form a vessel sharing agreement with Mediterranean Shipping Co (MSC), the world’s largest containerline, as…

It’s been a tough week for the safety department at the world’s largest containerline, with three of its 20th century-built fleet ships involved in troubling incidents around the world –…

The fortunes of the container market will become clearer this week as close to 4,000 delegates descend on Long Beach for the 24th edition of TPM, the sector’s top annual…

The Ocean Alliance group of container carriers has extended their partnership for another five years. Founded in 2017 under a 10-year deal, the liner grouping comprised of CMA CGM, Cosco…