China

China

26 Nov 2021
The highly profitable container market benefited all shipping lines this year, but for Pacific International Lines it has enabled the debt-stricken carrier to pull back from the brink of bankruptcy.
15 Nov 2021
Rising inflation and interest rates could put the brakes on consumer demand and lead to a rapid slowdown in global demand for container shipping, despite carrier “hype” over lasting congestion levels, according to the Global Shippers’ Forum.
11 Nov 2021
Ports in Europe are stuck in a situation where terminals cannot improve their utilization as long as vessels arrive late, and vessels cannot keep reliable schedules unless terminal utilization improves.
10 Nov 2021
Port managers and terminal executives in Los Angeles-Long Beach look to emergency fees on long-dwell containers and sweeper ships to vacate empty boxes as their best bet to relieve congestion amid record vessel arrivals.
10 Nov 2021
HMM joined its peers in delivering record third-quarter results, with rising demand, increasing rates, and continued supply chain disruption set to keep the profitability spigot gushing.
09 Nov 2021
No let-up in US demand, and no easing at congested trans-Pacific ocean gateways, is keeping pressure on the capacity challenged air cargo market and pushing rates to levels never seen before.
08 Nov 2021
Speeding the discharge of import containers from vessels and through congested marine terminals is becoming increasingly urgent as retailers rebuild their depleted inventories, let alone stock store shelves for holiday sales.
08 Nov 2021
The latest figures from China’s two biggest port groups show a drop in container volumes through the country’s leading ports when power shortages started to bite.
04 Nov 2021
As Southern California ports begin to see the movement of long-dwelling containers, a second terminal operator in Tacoma will begin charging a similar fee, highlighting the need for quick action by West Coast ports to reduce congestion.
02 Nov 2021
Maersk reported a record quarterly result as the heavily disrupted container shipping market pushes shippers to lock in contract rates on the major trades rather than brave the soaring spot market.
01 Nov 2021
A strong short-term market is pushing MPV/HL demand, but carriers sense the market frenzy is abating.