Container shipping

News and analysis of ocean containerized cargo movement, logistics, supply chains, technology, and end-to-end connectivity.

The Latest Container shipping News & Analysis

Market fallout from OSRA-22 to become clearer in 2023

Eric Johnson, Senior Technology Editor | Jan 18, 2023, 2:36 PM EST

Whether OSRA-22 — and increased FMC scrutiny — will produce tangible changes in how carriers and terminals calculate and convey detention and demurrage charges is still yet to be seen, as inaccurate invoices continue to plague shippers.
Transport, trade and regulationMaritimeContainer shippingMarine terminalsContainer linesNorth American ports

China keeps grip on global production, but search for options continues

Greg Knowler, Senior Editor Europe | Jan 18, 2023, 12:40 PM EST

The pandemic-induced supply chain disruptions in China have left importers searching for more resilience and flexibility in their existing supply chains rather than racing for the exits.
Container shippingContainer linesAsia-EuropeTrans-PacificSupply Chain

Asia-Europe capacity cuts grow as CNY fails to boost demand

Greg Knowler, Senior Editor Europe | Jan 18, 2023, 11:37 AM EST

Carriers on the Asia-Europe trade have stepped up capacity management measures as demand weakens through the traditionally busy Lunar New Year period and beyond.
Container shippingContainer linesAsia-Europe

ECU parent forms investment partnership with logistics-focused VC firm

Eric Johnson, Senior Technology Editor | Jan 18, 2023, 10:00 AM EST

A partnership between venture firm Northstar and India’s Allcargo Group is meant to formalize their joint investment plans into logistics-focused startups over the next year.
ForwardingContainer shippingLogistics technologySupply Chain

Trans-Pac spot rate spread for East, West coasts narrows ahead of Lunar New Year

Bill Mongelluzzo, Senior Editor | Jan 17, 2023, 4:29 PM EST

The narrowing spread between East and West coast spot rates in the eastbound trans-Pacific comes as spot rates to the East Coast have fallen by 18 percent over the past six weeks while West Coast rates have ticked slightly higher.
Longshore laborContainer shippingNorth American portsPortsTrans-Pacific

French port group Haropa expands inland river network

Greg Knowler, Senior Editor Europe | Jan 17, 2023, 11:27 AM EST

Import weakness kept volume flat at the merged French ports of Le Havre, Rouen, and Paris, but an improved river and rail network resulted in a large rise in hinterland traffic.
Container shippingContainer linesAsia-Europe

Pass-through fees could disincentivize carriers from decarbonizing: shippers

Greg Knowler, Senior Editor Europe | Jan 17, 2023, 9:10 AM EST

Shippers are generally willing to share in the cost of reducing carbon emissions, but they worry a lack of transparency in pass-through charges could allow shipping lines to continue burning fossil fuels.
Container shippingContainer linesAsia-EuropeTrans-PacificTrans-Atlantic

Maersk inks new deals as decarbonization drive continues

Greg Knowler, Senior Europe Editor | Jan 13, 2023, 11:57 AM EST

Decarbonizing its entire business by 2040 requires collaboration across Maersk’s global supply chain, pushing the carrier to sign partnerships in strategic areas to achieve its net-zero ambitions.
MaritimeContainer shippingContainer linesInternational ports

New services, West Coast labor talks push NY-NJ into top US port spot

Michael Angell, Associate Editor | Jan 13, 2023, 11:15 AM EST

The growth at the Port of New York and New Jersey was accompanied by persistent container and vessel backlogs and truck congestion, but volumes are expected to taper off in 2023.
Container shippingMarine terminalsContainer linesNorth American ports

Europe string reinstates South India rotation after schedule disruptions

Bency Mathew, Special Correspondent | Jan 13, 2023, 10:49 AM EST

The IEX service’s nine-vessel routing has experienced serious reliability challenges since early last year amid the pandemic-linked port flow turmoil.
Container shippingContainer linesInternational ports

Plunge in trans-Pac rates, volumes sink Q4 revenues for Taiwan carriers

Keith Wallis, Special Correspondent | Jan 12, 2023, 3:27 PM EST

Despite the fourth-quarter crash in revenues, all three Taiwan-based carriers still booked record revenues for the full year, suggesting they will report bumper profits for 2022.
Container shippingContainer linesNorth American portsTrans-Pacific

Zim wades into trade finance market with startup investment

Eric Johnson, Senior Technology Editor | Jan 12, 2023, 12:13 PM EST

Zim has joined a growing group of companies that see potential in giving small importers and exporters access to digital finance tools through an investment in an Israel-based startup.
Logistics technologyContainer linesSupply Chain

West Coast cargo bleed to continue until labor talks are resolved: stakeholders

Bill Mongelluzzo, Senior Editor | Jan 12, 2023, 12:02 PM EST

The West Coast’s share of US imports from Asia will continue to deteriorate in the first quarter and beyond until terminal operators and the International Longshore and Warehouse Union agree on a new contract, sources say.
Longshore laborMaritimeContainer shippingMarine terminalsContainer linesNorth American portsTrans-Pacific

Don’t confuse ocean market collapse with carrier weakness: analyst

Lars Jensen, CEO & Partner, Vespucci Maritime, and JOC Analyst | Jan 12, 2023, 10:46 AM EST

Despite the collapse in spot rates, ocean carriers are fundamentally in a stronger position than in the past, and shippers would be wise not to confuse a temporary downcycle with the liners’ structurally stronger long-term position, writes analyst Lars Jensen.
Container shippingAsia-EuropeTrans-Pacific

Jaxport secures funding to raise power lines for Blount Island big-ship calls

Michael Angell, Associate Editor | Jan 11, 2023, 4:14 PM EST

The Port of Jacksonville said it has the estimated funding in place from the city and state of Florida to increase the air draft on its main ship channel to accommodate larger post-Panamax vessels.
Container shippingContainer linesNorth American ports

USDA urges FMC to hone OSRA-22 export rules for ag shippers

Michael Angell, Associate Editor | Jan 11, 2023, 2:23 PM EST

The Ocean Shipping Reform Act’s export provisions need further clarification to explain instances when US ag exports don’t get on a ship, the US Department of Agriculture said.
Transport, trade and regulationContainer shippingContainer lines

Declining freight demand prompts Flexport to cut 20 percent of global staff

Eric Johnson, Senior Technology Editor | Jan 11, 2023, 1:46 PM EST

Falling demand for ocean and air freight services is driving headcount cuts across the logistics sector, with forwarder Flexport the latest to announce layoffs.
ForwardingLogistics technologyTrans-Pacific

Maersk, MSC add ships in restructured trans-Atlantic trade

Greg Knowler, Senior Editor Europe | Jan 11, 2023, 9:56 AM EST

The disruption to trade lanes caused by the pandemic is over, but slowing demand has left carriers struggling to manage the existing capacity flooding back into service as congestion eases and new ships are delivered.
Container shippingContainer linesTrans-Atlantic

Fallout from ocean rate collapse to define market ‘status quo’ in 2023

Peter Tirschwell | Jan 10, 2023, 12:45 PM EST

The collapse in ocean freight rates is a clear signal that the market is reverting to its pre-pandemic state, but the burning question for 2023 is whether that reversion is temporary.
Container shippingMarine terminalsContainer linesTrans-PacificTrans-Atlantic

Maersk’s new-look management team faces challenging operating environment

Greg Knowler, Senior Editor Europe | Jan 10, 2023, 9:45 AM EST

Maersk’s new executive lineup covers 15 areas of responsibility within the carrier and is a combination of long-term company leaders and those with experience from outside the group.
Container shippingContainer linesAsia-EuropeTrans-PacificTrans-Atlantic