Containers
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MSC returns to Hengli Heavy for 10 more LNG dual-fuel boxships
Order is understood to not yet be finalised as refund guarantees from banks have not been obtained
Trump victory could spur sweeping changes for tariffs and sanctions
Donald Trump’s second presidential term could alter the landscape for global shipping. Higher tariffs could curb container volumes after an initial demand spike. On the sanctions front, tanker shipping could take a hit if restrictions on Russia are reduced
What Assad’s downfall means for the Red Sea shipping crisis
Nervous container freight futures investors have sensed ominous signs drawing closer. Security experts agree that Syria is another big blow to Tehran and its proxies, but caution against simplistically linking it to a Gaza truce deal or the Red Sea crisis
Ship recycling rising in final quarter of 2024
Despite an uptick since October, demolition volumes in 2024 look set to record their lowest levels in 17 years
Transpacific spot rates hit by combo of lower US imports and higher vessel supply
It makes sense that transpacific spot rates are lower. US imports are far from weak but they’re declining sequentially amid a normal seasonal lull. At the same time, vessel supply in the transpacific has increased and competition for cargoes is high
The week in newbuildings: CMA CGM rumoured in talks for multiple mid-sized boxships
Up to 30 mid-sized boxships are rumoured to be under discussion for service with France’s CMA CGM for delivery by 2030
One Hundred People 2024: Shipping’s elite take pragmatic stand as uncertainty reigns
IMO guidance on the regulatory framework towards net zero could be just months away — or then again, it might not be. Despite being in a state of flux, those at shipping’s forefront are opting for pragmatism rather than simply lying in wait
No container rate upside yet from strike prep or tariff frontloading
The Shanghai Containerised Freight Index is up again this week. European rate strength remains the driver, with transpacific rates continuing to ease, despite US importer concerns over labour disruptions and tariffs
Too late for front-loading as clock ticks down to next US port strike
Terminal employers and the US east and Gulf coast dockworkers union remain at loggerheads over port automation. For importers depending on these gateways, the time for accelerating shipments is over, given voyage duration from Asian ports
The Daily View: No magic wand
Your latest edition of Lloyd’s List’s Daily View — the essential briefing on the stories shaping shipping
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Latest From Ports and Logistics
Busan to undergo $10bn transformation into ‘megaport’
South Korea’s Ministry of Oceans and Fisheries said regional conflicts and growing protectionism were both ‘a crisis and an opportunity’ for its ports and said it was necessary to ‘pre-emptively strengthen’ Busan to stay competitive
Adani withdraws US funding request for Colombo terminal
Chairman Gautam Adani was charged with conspiracies to commit securities and wire fraud in the US last month, after an indictment was unsealed in a New York court
Portland secures operator for struggling container terminal
Oregon’s only container terminal has battled closure for most of 2024, after years of losses following labour and contract disputes between the International Longshore and Warehouse Union and former operator International Container Terminal Services
More from Containers
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Latest From Containers
MSC returns to Hengli Heavy for 10 more LNG dual-fuel boxships
Order is understood to not yet be finalised as refund guarantees from banks have not been obtained
Busan to undergo $10bn transformation into ‘megaport’
South Korea’s Ministry of Oceans and Fisheries said regional conflicts and growing protectionism were both ‘a crisis and an opportunity’ for its ports and said it was necessary to ‘pre-emptively strengthen’ Busan to stay competitive
Adani withdraws US funding request for Colombo terminal
Chairman Gautam Adani was charged with conspiracies to commit securities and wire fraud in the US last month, after an indictment was unsealed in a New York court
MSC buys up more secondhand boxships as demand for capacity remains high
Recent containership sale and purchase activity included a pair of 4,500 teu units purchased by a German tonnage provider, while MSC adds to its tally of secondhand buys
What Assad’s downfall means for the Red Sea shipping crisis
Nervous container freight futures investors have sensed ominous signs drawing closer. Security experts agree that Syria is another big blow to Tehran and its proxies, but caution against simplistically linking it to a Gaza truce deal or the Red Sea crisis
Boxship charter rates stay strong on continued limited supply
The Hamburg and Bremen Shipbrokers’ Association said recent strong demand for 1,800 teu units has pushed charter rates up by $1,000 per day in the past week
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