Container Shipping News

The latest container shipping news and analysis of ocean container shipping, logistics, supply chains, technology solutions and end-to-end connectivity. Coverage includes the movement of containerized cargo handled by marine terminals and container ports, depots, container lines, drayage, consignees, importers and shippers, forwarders, non-vessel operating common carriers (NVOCCs) and off-dock warehousing providers. The Journal of Commerce's container shipping news includes news from the trans-Pacific, Asia-Europe, North America-Caribbean, Central and South America trades, and intra-Asia trades.

The latest Container Shipping News & Analysis

As Gemini dawns, another change in shipping alliances is inevitable: expert

Patrick Burgoyne |
Whenever container shipping experiences an upheaval in the alliance structure, the wind-down period from announcement to departure and then to the reforming of new alliances can be bumpy, writes industry veteran Patrick Burgoyne.
MaritimeContainer linesMarine terminals

European congestion fears allayed thus far as vessel arrivals spread out

Greg Knowler, Senior Editor Europe |
Terminals in Europe say ocean carrier schedules have been disrupted by the ship diversions around southern Africa, but there is still no sign of the port bottlenecks that were expected when the rerouting began.
MaritimeContainer Shipping NewsContainer linesAsia-Europe

Some carriers halt India-Europe westbound bookings amid capacity crunch: forwarders

Bency Mathew, Special Correspondent |
Given the capacity pressures, a potential higher incidence of gated cargo being left behind or rolled over in March could spark serious trade concerns, Indian sources say.
MaritimeContainer Shipping NewsContainer linesInternational ports

Maersk launches online air freight tool targeted at Indian shippers

Eric Johnson, Senior Technology Editor |
Maersk’s integrator strategy has encompassed more access to air freight capacity, including a new tool for shippers in India to digitally price and book specific flights.
Logistics Technology NewsContainer linesAir CargoAir Cargo Carriers NewsAir Cargo Forwarder News

Zim debuts standalone express service between US Gulf and South America

Michael Angell, Associate Editor |
The carrier is looking to take part in the trade growth the US Gulf is enjoying with South America’s largest economies that consume heavy quantities of US petrochemicals.
Container linesContainer Shipping NewsNorth American ports

Carriers resume Panama Canal transits on some services as disruption eases

Keith Wallis, Special Correspondent |
Highlighting how things have improved to some extent, Hapag-Lloyd said THE Alliance has restored transits through the canal on some of its trans-Pacific to US East Coast EC2 services.
MaritimeContainer Shipping NewsContainer linesTrans-Pacific

Container ship supply meeting Red Sea challenge, but market much tighter

Michael Angell, Associate Editor |
The huge order book due to be delivered through 2024 is helping ocean supply chains withstand the Red Sea crisis, experts say, but another shock would cause a “pandemic-type crisis.”
Container linesContainer Shipping NewsTrans-PacificAsia-Europe

US retailers upgrade forecast for H1 2024 import growth despite Suez diversions

Bill Mongelluzzo, Senior Editor |
The Global Port Tracker calls for a year-over-year gain of 5.3% in US imports over the first six months of the year despite the uncertain security situation in the Red Sea.
MaritimeContainer Shipping NewsContainer linesTrans-PacificNorth American ports

Red Sea crisis, demand uncertainty muddle prelude to annual contract talks

Bill Mongelluzzo, Senior Editor |
While current elevated rates would normally give ocean carriers leverage in annual service contract negotiations, spot rates will likely come down after the pre-Lunar New Year rush and the market is still uncertain about how strong demand will be in the second half of the year.
MaritimeContainer Shipping NewsContainer linesTrans-Pacific

Air cargo rates, volume take off as Lunar New Year begins

Greg Knowler, Senior Editor Europe |
The seasonal rise in air freight demand out of China ahead of the holiday has been strong, but analysts say the Red Sea effect on rising volumes remains unclear.
Air CargoTrans-PacificAsia-Europe

ILA gives chapters mid-May deadline to reach agreement on local issues

Michael Angell, Associate Editor |
The International Longshoremen’s Association’s May 17 deadline will provide an almost five-month window for the union to wrap up talks on a master contract covering the East and Gulf coasts.
Longshore laborContainer Shipping NewsNorth American ports

Mobile teams up with CSX on new inland port to serve northern Alabama

Michael Angell, Associate Editor |
The Port of Mobile is looking to boost intrastate rail service with a new intermodal ramp that would give shippers an alternative to using rail from major Southeast ports.
North American portsContainer Shipping NewsIntermodal providersNorth-American rail

Maersk to ‘look into’ potential DB Schenker acquisition: Clerc

Greg Knowler, Senior Editor Europe |
The profitability of global forwarders since the pandemic has piqued Maersk’s interest in the sector and it would be “irresponsible” to ignore DB Schenker’s availability, according to the carrier’s CEO.
MaritimeContainer Shipping NewsContainer linesForwarding

Red Sea crisis won’t prevent likely significant operating loss in 2024: Maersk

Greg Knowler, Senior Editor Europe |
Higher rates and surcharges driven by the diversions around southern Africa will provide only a temporary respite from the severe supply-demand imbalance that dragged rates down in 2023, according to the carrier’s CEO.
MaritimeContainer Shipping NewsContainer lines

FMC asked to slow fast tracking of Red Sea-linked freight surcharges

Michael Angell, Associate Editor |
While higher operating costs are inevitable due to longer voyages around the Cape of Good Hope, shippers want more transparency as to what those costs are.
MaritimeContainer Shipping NewsContainer linesTransport, Trade, and Regulation News

India-US contract rates trend lower after Red Sea crisis upswing

Bency Mathew, Special Correspondent |
A price correction was not entirely unexpected, but carrier sources believe that rates could move up again next month due to the fiscal year-end shipping rush.
MaritimeContainer Shipping NewsContainer linesNorth American portsInternational ports

HMM’s $4.8 billion share sale is scrapped over management control issue

Keith Wallis, Special Correspondent |
There were also concerns whether the joint venture between bulk shipper Pan Ocean and private equity firm JKL had sufficient financial resources for the deal.
MaritimeContainer Shipping NewsContainer lines

NY-NJ marine terminal chief expects new ILA labor contract before October

Michael Angell, Associate Editor |
Though talks have seemingly been on hold, Maher Terminals’ Gary Cross said he has “no doubt” the longshore union and port employers along the East and Gulf coasts will reach a new agreement before the existing deal expires.
Longshore laborContainer Shipping NewsNorth American ports

Industrial expansion driving boost in New Orleans project cargo volumes

Keith Wallis, Special Correspondent |
Project volumes will include steel and modules related to the development of the second phase of the $21 billion Venture Global liquefied natural gas export facility under construction in Plaquemines Parish, downriver from New Orleans.
Breakbulk NewsContainer Shipping NewsProject cargoPort NewsBreakbulk ports

Gebrüder Weiss buys Cargo-Link, expanding US LCL network

William B. Cassidy, Senior Editor |
The Austria-based global logistics provider looks to increase its US presence, adding less-than-containerload services by acquiring a Utah-based forwarder.
MaritimeForwardingAir Cargo

Ulsan joins race for methanol hub status with bunkering of 16,000-TEU vessel

Greg Knowler, Senior Editor Europe |
The South Korean port is the latest to establish its credentials as a sustainable fuel hub as competition between global gateways intensifies.
MaritimeContainer Shipping NewsContainer linesAsia-Europe

Shippers balk at new ocean carrier surcharges levied amid global network strain

Michael Angell, Associate Editor |
While shippers are using terms in their contracts to push back against the higher costs linked to the Red Sea and Panama Canal disruptions, carriers are also looking to void those terms altogether.
Container linesContainer Shipping NewsTrans-PacificAsia-EuropeTransport, Trade, and Regulation News

Australian shippers welcome end to four-month DP World-dockworkers dispute

Keith Wallis, Special Correspondent |
While the union said industrial action has ended, the disruption caused by work stoppages that lasted hours and days at a time will take weeks to wind down.
MaritimeContainer Shipping NewsContainer linesMarine terminalsLongshore laborInternational ports

X-Press Feeders inks Evergreen for intra-Europe methanol service

Greg Knowler, Senior Editor Europe |
The green methanol feeder service will initially cover Baltic and Scandinavian ports operating out of the Port of Rotterdam.
MaritimeContainer Shipping NewsContainer linesAsia-Europe

C.H. Robinson sees cautious shippers, no near-term global demand upturn

William B. Cassidy, Senior Editor |
The largest US broker and forwarder expects ocean spot rates to subside after the Chinese New Year and for US trucking markets to slowly improve throughout 2024.
SurfaceContainer Shipping NewsForwardingTrucking NewsTruckloadLTL

DSV volume stabilizes in Q4 to deliver solid 2023 result

Greg Knowler, Senior Editor Europe |
While down significantly from 2022, the forwarder remained profitable last year as fourth-quarter gains helped dull the full-year impact of sharply correcting global freight markets.
MaritimeAir CargoContainer Shipping NewsForwardingIntermodal providers

US container import flows in 2024 likely to reflect major sourcing trends

Mark Szakonyi, Executive Editor |
US retailers and others will reduce their exposure to China as they can, chasing cheaper labor while also hedging the risk associated with relying on one origin for key goods and items.
Container linesTrans-PacificNorth American portsInternational ports

India-US cargo flows hit by vessel space crunch amid ongoing Red Sea crisis

Bency Mathew, Special Correspondent |
Ocean carriers are not able to honor roughly 25% of their planned loads on available US East Coast weekly sailings out of Nhava Sheva and Mundra ports, local sources say.
MaritimeContainer Shipping NewsContainer linesNorth American portsInternational ports

Red Sea attacks to muddle container shipping through Q2: ONE’s Nixon

Greg Knowler, Senior Editor Europe |
Longer voyages around southern Africa have created an instant tonnage shortage and will make it difficult for carriers to maintain weekly sailing schedules, says Jeremy Nixon.
MaritimeContainer Shipping NewsContainer linesTrans-PacificAsia-Europe

Gemini alliance a sign of wider changes within container shipping industry

Peter Tirschwell |
Maersk and Hapag-Lloyd’s public commitment to 90% schedule reliability is a direct acknowledgment of the heightened risk and uncertainty associated with modern supply chain operations, writes Peter Tirschwell.
MaritimeContainer lines

Ocean rate surge reflects uncertainty around cost of Suez diversions: MSC

Michael Angell, Associate Editor |
An executive for the carrier said he expects liners and shippers will eventually adjust to the lengthier transits around southern Africa but acknowledged it will take time before rate volatility subsides.
Container linesContainer Shipping NewsTrans-PacificAsia-Europe

NY-NJ port chief sees delays, but no congestion, from Suez diversions

Michael Angell, Associate Editor |
While off-schedule ships are periodically crowding marine terminals, the port is not seeing any major impact from the longer transits as vessels reroute around southern Africa, Bethann Rooney said.
North American portsContainer Shipping NewsContainer lines

Hapag-Lloyd reports Q4 loss on falling rates, Red Sea disruption

Greg Knowler, Senior Editor Europe |
The oversupplied container shipping industry, falling rate levels and the need to divert around southern Africa for much of December contributed to a sharp drop in the carrier’s revenue and profitability.
MaritimeContainer Shipping NewsContainer lines

CMA CGM inks deal to lock in green fuel supply at Middle East bunker locations

Greg Knowler, Senior Editor Europe |
The carrier is the latest to partner with an alternative fuel supplier as the fast-growing dual-fuel order book puts producers of green energy under pressure to rapidly scale up supply.
MaritimeContainer Shipping NewsContainer lines

Share of China imports to US dipped below 40% last year amid sourcing shift

Mark Szakonyi |
China commanded 47% of the inbound container volumes to the US as recently as 2018, but rising geopolitical tensions between Beijing and Washington and a post-COVID shift in manufacturing momentum to Southeast Asia have cut into China’s dominance.
Trans-PacificContainer linesNorth American ports

ONE secures approval for design of ammonia-fueled container ship

Peter Tirschwell |
Ammonia is in its very early stages as a potential marine fuel, with regulations pertaining to complex safety and operational issues still being developed at the IMO.
MaritimeContainer Shipping NewsContainer lines

Unwinding post-Red Sea crisis supply chains will come with challenges: analyst

Lars Jensen, CEO & Partner, Vespucci Maritime, and Journal of Commerce analyst |
While a resumption of Suez Canal transits would be welcomed, ports and inland infrastructure in Europe, the Mediterranean and along the US East Coast could be overloaded with cargo when carriers revert to traditional routings, warns Lars Jensen.
MaritimeContainer linesNorth American portsInternational ports

Red Sea diversions drag carrier schedule reliability to 2022 levels

Greg Knowler, Senior Editor Europe |
Longer transit times caused ships to miss their arrival slots last month in ports across North Europe and the Mediterranean, and carriers have warned shippers to prepare for further disruption to their supply chains.
MaritimeContainer Shipping NewsContainer linesAsia-Europe

Shippers urged to tether rate management with freight invoice processes to cut errors

Eric Johnson, Senior Technology Editor |
Most shippers use spreadsheets to manage rates from forwarders and container lines, which contributes to an inefficient process for freight payments and audits.
Logistics Technology NewsForwardingSupply chain

Former Slync CEO Kirchner convicted by federal jury over misuse of company funds

Eric Johnson, Senior Technology Editor |
A guilty verdict against Slync founder Chris Kirchner brings closure on a saga that came to light when Slync employees went unpaid for weeks in spring 2022.
Logistics Technology NewsForwardingSupply chain