Containers
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Container rates sink further as hopes fade for port strike reprieve
End of US port strike means capacity control could soon once again become the key driving force in the freight market
One Hundred Ports: Box ports tread water as the ‘tepid 20s’ persist
A second successive year of subdued volume growth is seen by the global container port sector as the industry settles into post-pandemic norms
US port strike ends after three days but backlog could take weeks to clear
The dockworker strike at US east and Gulf coast ports turned out to be brief, minimising market impacts. However, there will be still be supply chain effects: The offshore backlog had already risen to 60 containerships by the time the deal was reached
Alliance reshuffle carries contrasting fortunes for European and Med port majors
The announcement of new alliance networks in 2025 on the trunk Asia-Europe trade will bring sizeable fresh business for ports increasing their call quota, while others will be counting the cost of missing out on lucrative loops
How US port strike could unintentionally boost shipping profits
The decline in container shipping rates since July should theoretically be reversed by the ILA strike at US east and Gulf coast ports. Rates should bounce back in the coming months due to ships tied up in queues. Charter rates should rise as well
Biden backs dockworkers union as the containership queues build
The Biden administration will not intervene and put a quick halt to the strike at US east and Gulf coast ports. The strike will only end soon if carriers buckle to union demands. Carriers look like they are holding firm, implying the port shutdown will persist
MEPC82: WSC hopes Green Balance Mechanism will live on ‘in some form’
World Shipping Council chief executive Joe Kramek said shipping industry is being heard in GHG talks; attention on Red Sea crisis and seafarers welcome
ILA goes on strike and spreads fake news on $30K shipping rates
Dockworkers at US east and Gulf coast ports are manning the picket lines. The fight has gotten ugly fast. The union is inaccurately claiming container rates have quintupled when they have actually fallen by double digits, and ILA president Harold Daggett has lashed out at ocean carriers, dubbing them ‘greedy bastard corporations overseas’
Saudi ports bear brunt of lines’ Red Sea contingency plans
Carriers’ dual east-west trade offerings for 2025 show Jeddah and King Abdullah as the ports that stand to lose the most from sustained rerouting around the Cape of Good Hope
The week in newbuildings: Containership orders prevail
CLdN, Marinakis Group, Navios Maritime Partners and an undisclosed buyer sign up for 16 containerships to boost capacity ordered this year to some 3m teu
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Latest From Ports and Logistics
European Commission approves MSC’s HHLA deal
Hamburg Hafen und Logistik operates three of the four container terminals at the Port of Hamburg, as well as a ro-ro and bulk terminal
Container rates sink further as hopes fade for port strike reprieve
End of US port strike means capacity control could soon once again become the key driving force in the freight market
Charcoal should always be treated as dangerous goods, new guidance says
The guidelines have been published by Cargo Incident Notification System, which includes major shipping lines as well as the International Group of P&I clubs
More from Containers
Are you sure you'd like to remove this alert? You will no longer receive email updates about this topic.
Latest From Containers
European Commission approves MSC’s HHLA deal
Hamburg Hafen und Logistik operates three of the four container terminals at the Port of Hamburg, as well as a ro-ro and bulk terminal
Container rates sink further as hopes fade for port strike reprieve
End of US port strike means capacity control could soon once again become the key driving force in the freight market
Charcoal should always be treated as dangerous goods, new guidance says
The guidelines have been published by Cargo Incident Notification System, which includes major shipping lines as well as the International Group of P&I clubs
US port strike ends after three days but backlog could take weeks to clear
The dockworker strike at US east and Gulf coast ports turned out to be brief, minimising market impacts. However, there will be still be supply chain effects: The offshore backlog had already risen to 60 containerships by the time the deal was reached
Alliance reshuffle carries contrasting fortunes for European and Med port majors
The announcement of new alliance networks in 2025 on the trunk Asia-Europe trade will bring sizeable fresh business for ports increasing their call quota, while others will be counting the cost of missing out on lucrative loops
Zemba survey highlights gaps between e-fuel promises and reality
The Aspen Institute’s Zemba non-profit said green e-fuels could be available for its next green freight tender, but big challenges remain in getting shipping to use them
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