Container lines

News and analysis of container lines, services, capacity, volume, revenue, rates, reliability, landside operations, alliances

 

The Latest Container lines News & Analysis

End of 2M Alliance will set dominoes in motion across ocean shipping: analyst

Lars Jensen, CEO & Partner, Vespucci Maritime, and JOC Analyst | Feb 3, 2023, 9:56 AM EST

The announced dissolution of the 2M Alliance raises the question of what additional large-scale dominoes might be toppling over in the next few years in the container shipping sector, writes analyst Lars Jensen.
Transport, trade and regulationMaritimeContainer shippingContainer lines

Rapid container rate decline complicates payment picture for shippers

Eric Johnson, Senior Technology Editor | Feb 2, 2023, 12:07 PM EST

US importers that renegotiated contract rates or shifted to the spot market in the second half of 2022 have also had to adjust to different accessorial charges and transmission formats.
Container shippingLogistics technologyContainer lines

MSC opens more direct port connections for Indian exporters as volumes taper

Bency Mathew, Special Correspondent | Feb 2, 2023, 10:41 AM EST

The expansion of origin-to-destination ocean connectivity with predictable transit time improvements is a boon for Indian exporters trying to find untapped markets for their products amid slowing demand.
Container shippingContainer linesInternational ports

2M breakup throws carriers’ operating playbook out the window

Peter Tirschwell | Feb 2, 2023, 9:00 AM EST

The breakup of the 2M Alliance opens the door to a few possibilities, including the industry reverting to a competitive scramble for market share, driving down profits and forcing yet another round of M&A activity, writes Peter Tirschwell.
MaritimeContainer shippingContainer lines

Improved US cargo flow drives continued gains in trans-Pacific schedule reliability

Bill Mongelluzzo, Senior Editor | Feb 1, 2023, 3:18 PM EST

The return of US ports to normal cargo flow is demonstrated starkly in the year-over-year comparisons of vessel schedule reliability in the Asia-US trade.
MaritimeContainer shippingMarine terminalsContainer linesNorth American portsTrans-Pacific

Sourcing shift from China pulls US import share to more than a decade low

Mark Szakonyi, Executive Editor | Feb 1, 2023, 9:42 AM EST

Data shows US importers are walking the walk when it comes to sourcing diversification, slowly moving trade flows away from China and toward Vietnam, India, and South Korea, writes Journal of Commerce Executive Editor Mark Szakonyi.
MaritimeContainer shippingContainer linesNorth American portsInternational portsTrans-Pacific

Asia-Europe spot rates soften to pre-pandemic levels

Greg Knowler, Senior Editor Europe | Jan 31, 2023, 2:14 PM EST

Carriers have entered 2023 with too much supply and not enough demand on the Asia-Europe trade, with rates continuing their downward spiral through January.
Container shippingContainer linesAsia-Europe

ONE cuts profit forecast on persistent market weakness

Greg Knowler, Senior Editor Europe | Jan 31, 2023, 11:32 AM EST

The first 2022 financial results from ocean container carriers are filtering in, revealing the impact of collapsing rates and demand on profitability levels.
Container shippingContainer linesPortsAsia-EuropeTrans-Pacific

Sealand, Hamburg Sud names to disappear in broad Maersk rebranding

Keith Wallis, Special Correspondent | Jan 27, 2023, 11:18 AM EST

Maersk’s move to integrate brands comes days after the carrier and Mediterranean Shipping Co. announced plans to end their 2M alliance and the recent appointment of a new A P Moller - Maersk executive board that starts work on Feb. 1.
MaritimeContainer shippingContainer lines

Consistent vessel service key to Port NOLA cargo recovery: officials

Michael Angell, Associate Editor | Jan 26, 2023, 9:38 AM EST

After a 2022 in which skipped calls dragged down volumes at the Port of New Orleans while neighboring Gulf Coast gateways saw booming import growth, officials are hoping a return to steady vessel schedules will help entice shippers back to the port.
Container shippingContainer linesNorth American ports

Cargo lull in 2023 will allow NY-NJ to improve fluidity: port chief

Michael Angell, Associate Editor | Jan 25, 2023, 5:17 PM EST

The director of the Port of New York and New Jersey has laid out priorities for 2023 that she says will ensure its future growth and ability to maintain market share.
MaritimeContainer shippingMarine terminalsContainer linesNorth American ports

MSC, Maersk to end 2M Alliance amid divergent strategies on ocean capacity

Greg Knowler, Senior Europe Editor | Jan 25, 2023, 4:54 PM EST

The move raises questions whether the carriers will seek new alliance partners, potentially setting off another round of musical chairs involving the other two networks, THE Alliance and the Ocean Alliance.
Container linesAsia-EuropeTrans-PacificTrans-Atlantic

Hapag-Lloyd buys large stake in Indian ports operator J M Baxi

Michael Angell, Associate Editor | Jan 25, 2023, 1:31 PM EST

Hapag-Lloyd’s focus on port-to-port shipping includes pursuing ownership stakes in marine terminal operations, with the acquisition of a 40 percent share of Indian ports operator J M Baxi the latest example.
Container linesInternational ports

India-US freight rate decline shows no signs of slowing in new year

Bency Mathew, Special Correspondent | Jan 24, 2023, 10:38 AM EST

Rates on trades out of India continue to soften in January, most notably to the US, and at least one carrier is seeking general rate increases in a bid to prop up prices.
MaritimeContainer shippingContainer linesNorth American portsInternational ports

Vietnam sees surge in deep-sea vessel capacity amid trade sourcing shift

Keith Wallis, Special Correspondent | Jan 23, 2023, 1:43 PM EST

With an increased focus by importers on geopolitics and “friend-shoring,” carriers are shifting an increasing volume of deep-sea vessel capacity away to Vietnam — and away from China.
Container shippingContainer linesNorth American portsInternational portsTrans-PacificTrans-Atlantic

Carbon pricing needs reform to address ‘skewed’ trade policy: WTO

Greg Knowler, Senior Editor Europe | Jan 23, 2023, 10:18 AM EST

Dirtier products are the unintentional winners in global trade where cleaner finished goods pay higher tariffs, resulting in an effective “subsidy” of polluting commodities, according to the World Trade Organization.
Container shippingContainer linesInternational portsPortsAsia-EuropeTrans-PacificTrans-Atlantic

Ocean shippers may ‘pay up’ for secure capacity despite weak market

Peter Tirschwell | Jan 20, 2023, 11:55 AM EST

Even as weak economic conditions prevail during the annual service contract negotiating cycle, it does not automatically mean shippers will be driving the hardest possible bargains with newly vulnerable carriers.
MaritimeContainer shippingContainer linesTrans-Pacific

India-US trade adds new capacity with Cosco-OOCL service to East Coast

Bency Mathew, Special Correspondent | Jan 20, 2023, 10:55 AM EST

The AWES service itinerary is yet another example of liners’ increasing network consolidation at Mundra for the Indian leg, a single-port call strategy that, arguably, helps them save on marine dues.
MaritimeContainer shippingContainer linesNorth American portsInternational ports

Rotterdam rolls out delay-busting barge planning tool

Greg Knowler, Senior Editor Europe | Jan 20, 2023, 10:49 AM EST

The digital sharing of schedule information via Rotterdam’s Nextlogic platform addresses the complexity involved in terminals booking and handling 18,000 container barges a year.
Container shippingContainer linesInternational portsPortsAsia-EuropeTrans-Atlantic

Lack of data leaves shippers reliant on 3PLs to reduce Scope 3 emissions

Eric Johnson, Senior Technology Editor | Jan 20, 2023, 8:00 AM EST

Pressure on shippers to take a more active role in bringing down so-called Scope 3 emissions covering the activities of a company’s third-party vendors — including transportation — has increased in recent years.
ForwardingTransport, trade and regulationContainer shippingLogistics technologyContainer lines