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

Australian shippers face worsening delays from DP World-dockworkers dispute

Keith Wallis, Special Correspondent |
The disruption has worsened since last month after the union doubled the weekly work stoppages from around 24 hours to up to 48 hours at DP World’s terminals.
MaritimeContainer Shipping NewsContainer linesPort NewsMarine terminalsLongshore laborInternational ports

Big OOCL revenue decline for 2023 signals harsh earnings season for carriers

Greg Knowler, Senior Editor Europe |
The Cosco subsidiary’s operational update did not provide profit and loss figures but gives an indication of the impact plunging rate levels will have on ocean shipping’s annual results.
MaritimeContainer Shipping NewsContainer linesTrans-PacificTrans-AtlanticAsia-Europe

Container ship disruptions seen easing after Lunar New Year: analysts

Michael Angell, Associate Editor |
The mini-peak season ahead of China’s factory holiday is causing short-term challenges for container shipping, but analysts say conditions should ease after Lunar New Year.
Container linesContainer Shipping NewsTrans-PacificAsia-Europe

Market aligning to trigger import surge on US West Coast: analyst

Larry Gross, president and founder, Gross Transportation Consulting, and Journal of Commerce analyst |
Geopolitics, drought and longshore labor are creating substantial tailwinds that could, at least in the near term, dramatically boost West Coast market share, particularly Los Angeles and Long Beach, writes analyst Larry Gross.
MaritimeTrans-PacificMarine terminalsNorth American ports

Carriers quoting trans-Pac rates of $5,000/FEU on Suez-linked equipment imbalances

Bill Mongelluzzo, Senior Editor |
The new rate move by carriers comes as the security situation in the Red Sea shows no signs of improving and amid retail restocking in the US ahead of an early Lunar New Year.
MaritimeContainer Shipping NewsContainer linesTrans-Pacific

HMM boosts India-USEC capacity by signing onto ONE’s new WIN service

Bency Mathew, Special Correspondent |
HMM has opened an array of connections out of India in recent years, including the launch last August of a solo, 12-vessel string connecting the Far East, the Middle East and the Mediterranean.
MaritimeContainer Shipping NewsContainer linesNorth American portsInternational ports

Red Sea attacks tackle high capacity-low rate challenge for carriers

Greg Knowler, Senior Editor Europe |
Some analysts are reassessing their outlook for the container shipping industry as the Red Sea crisis absorbs capacity and pushes rate levels higher on the Europe and US East Coast trade lanes out of Asia.
MaritimeContainer Shipping NewsContainer linesAsia-Europe

MSC, CMA CGM look to push stagnant trans-Atlantic rates higher

Greg Knowler, Senior Editor Europe |
Rates on the headhaul corridor have been loss-making for the last few months, so carriers are trying to get prices up to what they consider more sustainable levels.
MaritimeContainer Shipping NewsContainer linesTrans-Atlantic

US chassis demand tepid amid ample units, additional manufacturers

Ari Ashe, Senior Editor |
Chassis lessors must work quickly to be prepared to unstack units when the international intermodal market rebounds.
Supply chainContainer Shipping NewsSurface

Rerouted Asia-Europe voyages to cause space, equipment shortages

Greg Knowler, Senior Editor Europe |
Difficulties in finding vessel capacity and empty containers as ship voyages are extended will join rising rate levels on the growing list of supply chain issues faced by shippers.
MaritimeContainer Shipping NewsContainer linesAsia-Europe

Ocean carriers playing catch up in reducing risk of lithium-ion fires on ships

Peter Tirschwell |
The shipping industry, while acknowledging the batteries are here to stay and can’t be banned as cargo, is lagging behind in coming to terms with risks that remain poorly understood.
MaritimeContainer lines

Trans-Pacific air cargo rate rally ends in steep new year dive

Greg Knowler, Senior Editor Europe |
The strong e-commerce demand from the US that kept trans-Pacific air cargo rates rising through the fourth quarter quickly fell off after the end-of-year holidays.
Air CargoAsia-Europe

India-Europe ocean rates keep spiking as more void calls emerge

Bency Mathew, Special Correspondent |
Short-term contract rates on the trade lane have already more than doubled this week from what most major carriers were quoting in the second half of December.
MaritimeContainer Shipping NewsContainer linesInternational ports

US West Coast ports aim to win back shippers after two-year share loss

Bill Mongelluzzo, Senior Editor |
The ports will be aided by continued transit constraints at the Panama Canal, potentially testy longshore negotiations on the East and Gulf coasts, and terminals that are as fluid as they have been since before the pandemic.
MaritimeTrans-PacificMarine terminalsNorth American ports

Asia-US container spot rates surge on Red Sea vessel diversions

Michael Angell, Associate Editor, and Bill Mongelluzzo, Senior Editor |
The upending of regular transits to the US East and Gulf coasts through the Suez Canal has prompted ocean carriers to issue rate increases to cover higher operating costs.
Container linesContainer Shipping NewsTrans-Pacific

FMC should guard against carrier ‘profit center’ from Red Sea surcharges: AgTC chief

Peter Friedmann, executive director, Agriculture Transportation Coalition |
With ocean carriers rushing to the FMC to seek waivers of the 30-day notice period required to implement surcharges linked to the Red Sea crisis, the head of a major US shipper group says the commission should require carriers to provide more transparency around the additional costs the charges are meant to cover.
MaritimeContainer linesTransport, Trade, and Regulation News

Asia-Europe ocean rates hit 14-month high after Red Sea attack on Maersk ship

Greg Knowler, Senior Editor Europe |
There remains little clarity on carrier plans to resume Red Sea transits following Sunday’s dramatic action by the US Navy to repel an attack on a Maersk container ship.
MaritimeContainer Shipping NewsContainer linesAsia-Europe

Trans-Pacific volumes poised for slow growth after down year in 2023

Bill Mongelluzzo, Senior Editor |
Global container ship overcapacity will compel carriers to increase blank sailings and service cuts to keep a floor under rates, which means shippers are likely to continue to see poor on-time performance on eastbound trans-Pacific services.
MaritimeContainer Shipping NewsContainer linesTrans-Pacific

Maersk pauses Red Sea routings after new attacks

Mark Szakonyi, Executive Editor, and Michael Angell, Associate Editor |
The carrier’s decision to suspend Red Sea sailings for at least 48 hours following two attacks this weekend shows that even as naval forces ramp up patrols in the region, safety is far from guaranteed.
Container linesContainer Shipping NewsTrans-PacificAsia-Europe

Fresh surcharges pile up for Asia-Europe shippers amid Red Sea attacks

Keith Wallis, Special Correspondent |
Most of the surcharges and GRI hikes will take effect from Jan. 1, with at least one ocean carrier hinting of further increases to come later in January.
MaritimeContainer Shipping NewsContainer linesAsia-EuropeInternational ports

Red Sea crisis amplifies existing strain between carriers, shippers: analyst

Lars Jensen, CEO & Partner, Vespucci Maritime, and Journal of Commerce analyst |
Almost four years after COVID-19, a new crisis is once again shining a light on the traditional contentious relationship between container carriers and their customers when it comes to pricing dynamics, writes Lars Jensen.
MaritimeContainer linesSupply chain

Forwarder market share, margins shrank in 2023 as rates normalized

Eric Johnson, Senior Technology Editor |
Going into 2024, 3PLs will need to determine which ancillary offerings they’ll invest in to weather a supply-demand imbalance that will likely last for the next year or two.
ForwardingContainer Shipping News

A decade on, logistics industry still awaits proof that VC is a welcomed partner

Eric Johnson, Senior Technology Editor |
None of the most prominent venture-backed names in logistics has had a successful exit yet, but perhaps patience is still required before the industry can say for sure if venture capital is a worthy funding route for company founders.
Logistics Technology NewsForwardingTruck brokersSupply chain

Maersk signs pact to develop methanol bunkering at Japan's Yokohama port

Keith Wallis, Special Correspondent |
With around 130 methanol-enabled dual-fuel container ships on the water or on order, carriers have been scrambling to secure supplies of the green fuel.
MaritimeContainer Shipping NewsContainer linesInternational ports

Major FMC rulemakings, cases to provide industry clarity in 2024

Teri Errico Griffis, Associate Editor |
The Federal Maritime Commission’s final rule on detention and demurrage will be a watershed moment in the industry next year, but it won’t be the only one.
Transport, Trade, and Regulation NewsContainer Shipping NewsContainer lines

Red Sea-linked sailing disruptions threaten Indian port flow gains

Bency Mathew, Special Correspondent |
As the impact of longer routings percolates through the supply chain, local industry sources expect a wave of void calls and/or alterations in Indian port rotations across various trade routes.
MaritimeContainer Shipping NewsContainer linesNorth American portsInternational ports

Shippers face delays as carriers skip South America calls due to Panama Canal woes

Keith Wallis, Special Correspondent |
Ocean Network Express and Hapag-Lloyd confirmed they are skipping calls, especially at Cartagena in Colombia and Manzanillo in Panama, although omissions are being made at other ports.
MaritimeContainer Shipping NewsContainer linesTrans-PacificInternational ports

MSC ship becomes latest targeted in Red Sea attack

Michael Angell, Associate Editor |
The US Central Command said a US Navy destroyer and fighter jets on Tuesday shot down 12 attack drones, three anti-ship ballistic missiles and two cruise missiles launched by the Houthis from Yemen.
Container linesContainer Shipping News

Freight transport’s ‘new normal’ marked by slower growth

William B. Cassidy, Senior Editor |
Lower consumer demand for imports and domestic goods reshaped international and US freight markets in 2023.
Supply chainContainer Shipping NewsSurfaceTrucking NewsNorth-American railAir Cargo

Eastbound trans-Pac schedule reliability gains in November after peak season rush

Bill Mongelluzzo, Senior Editor |
The performance gains on the world’s busiest trade lane in November came as US imports from Asia during the month plunged 12% from October, the traditional end of peak shipping season.
MaritimeContainer Shipping NewsTrans-PacificPort NewsNorth American ports

Hong Kong eyes status as green bunkering hub to retain, lure container volumes

Keith Wallis, Special Correspondent |
The push to become a go-to stop for alternative fuels comes as Hong Kong is set to see container throughput fall to around 14 million TEUs in 2023, a 27-year low, amid waning transshipment volumes.
MaritimeContainer Shipping NewsContainer linesInternational ports

Naval force gives Maersk confidence to resume Suez Canal transits

Mark Szakonyi, Executive Editor, and Michael Angell, Associate Editor |
Maersk's decision to resume sailings through the Red Sea reveals confidence on the part of the carrier with they have been told by naval coalition forces about their capabilities and willingness to act in defense of shipping.
Container linesContainer Shipping NewsTrans-PacificAsia-EuropeNorth American portsInternational ports

Geopolitical conflicts could signal end to global reach of ocean carriers: analyst

Lars Jensen, CEO & Partner, Vespucci Maritime, and Journal of Commerce analyst |
With increasing instability around the world, we might be approaching the point where a carrier’s reach is no longer truly global as liners are forced to make commercial and political decisions that will shape the scope of their operations, writes analyst Lars Jensen.
MaritimeContainer lines

Trans-Pacific spot rates explode amid accelerating Red Sea carrier diversions

Bill Mongelluzzo, Senior Editor |
While shippers adapt to the complicated market environment in the short term, they are also casting a wary eye on annual service contract negotiations with carriers that will heat up early next year.
MaritimeContainer Shipping NewsContainer linesTrans-Pacific

Port NOLA gets federal funds to launch construction of mega-terminal

Michael Angell, Associate Editor |
The proposed 2-million-TEU container terminal would be situated downriver from New Orleans where ships won’t face the air-draft restrictions of the Crescent City Connection bridge that spans the Mississippi River.
North American portsContainer Shipping NewsTransport, Trade, and Regulation News

Container lines unleash surcharges linked to Red Sea diversions as spot rates jump

Greg Knowler, Senior Editor Europe |
The anticipated costs to shippers of the Red Sea crisis are becoming clearer, with spot rates up sharply and rate hikes and surcharges announced by ocean carriers.
MaritimeContainer Shipping NewsContainer linesAsia-Europe

New CMA CGM service is sixth to add Port Everglades call this year

Teri Errico Griffis, Associate Editor |
The service will be heavily focused on transporting refrigerated cargo but will also allow for dry cargoes coming out of Latin America to find a new path to the US.
Container linesNorth American portsPort infrastructure

NY-NJ port takes next steps to study dredging amid larger ship calls

Michael Angell, Associate Editor |
The port wants to dig to a 55-foot depth because an increasing number of vessels calling are testing the current capacity of its shipping channels.
North American portsContainer Shipping NewsContainer linesMarine terminals

Carriers push Indian rates higher as Suez crisis muddles US, Europe routings

Bency Mathew, Special Correspondent |
After holding rates firm at end-November levels into the first week of December, major container lines have pushed short-term contract pricing substantially higher for Indian bookings in the last few days.
MaritimeContainer Shipping NewsContainer linesNorth American portsInternational ports

Red Sea crisis escalates as US, partners unveil naval task force in region

Mark Szakonyi, Executive Editor and Greg Knowler, Senior Editor Europe |
Five of the world’s top 10 ocean carriers have so far announced diversions away from the Red Sea, and their language suggests there is growing acceptance that this crisis will be open-ended.
MaritimeContainer Shipping NewsContainer linesAsia-Europe