Containers
Stay informed with the latest news, analysis, and market insight from the container shipping industry through our expert coverage
Bid to hike liability limits for non-US owners unlikely to make statute books
‘It’s a nice stunt by a politician, but it hasn’t gotten any traction,’ argues Clyde & Co partner
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
Bid to hike liability limits for non-US owners unlikely to make statute books
‘It’s a nice stunt by a politician, but it hasn’t gotten any traction,’ argues Clyde & Co partner
Temporary US strike resolution ‘driven more by political intervention’ than ‘traditional collective bargaining’
‘The solution was driven more by political intervention than it was by a traditional collective-bargaining process, and it is a temporary solution,’ MSC executive Bud Darr told a New York forum last week. ‘The dynamics around that may very well change a bit after the election’
Panama Canal ends fiscal year 2024 with 29% plunge in total transits
Ship transits through the Panama Canal were flat in September versus August, as the waterway continued to handle fewer vessels per day than available reservation slots. In the fiscal year that ran through to the end of last month, transits fell by almost one-third versus the prior year
New Hong Kong shipping chamber’s success could test China’s continued trade leadership
Its future success may serve as a test to whether China can continue its economic miracle and to lead global trade and energy transition
The lessons of Panama Canal drought for future shipping routes
The 2023-2024 drought at the Panama Canal was historically severe and had major impacts on container, LPG, LNG and dry bulk shipping routes. Alexei Oduber, head of shipping agency GAC Panama, outlines the lessons learnt
Baltimore bridge litigation: The US courtroom drama that doesn’t star Tom Cruise
Verdict could go either way, with legally well-founded claim for limitation pitched against understandable anger of entire city
Container lines poised to post highest quarterly profits since pandemic
Listed liner companies are set to report their best quarterly results in two years, courtesy of the ongoing Red Sea crisis and the pull-forward of cargo ahead of the US port strike. But 3Q24 will likely mark the peak of the current cycle, with lower results ahead
More boxship newbuilding orders needed to keep pace with demand growth
The top 10 containership operators still operate some 680 vessels aged 20 years or older, representing a capacity of 2.6m teu. Some carriers will simply need new tonnage to rejuvenate their existing fleets. Meanwhile, investment is heavily focused on large ships, which could mean a shortage of feeder tonnage is looming
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Latest From Ports and Logistics
Europe’s biggest ports fight back against drug smugglers
Belgium and the Netherlands have reported their efforts to combat drug smuggling in Europe’s biggest ports to the International Maritime Organization, including new controls to stop PIN code fraud
SIPG appoints new president after year-long vacancy
The former president, Yan Jun, resigned in July last year and was charged for taking bribes totalling $5m
Temporary US strike resolution ‘driven more by political intervention’ than ‘traditional collective bargaining’
‘The solution was driven more by political intervention than it was by a traditional collective-bargaining process, and it is a temporary solution,’ MSC executive Bud Darr told a New York forum last week. ‘The dynamics around that may very well change a bit after the election’
More from Containers
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Latest From Containers
Bid to hike liability limits for non-US owners unlikely to make statute books
‘It’s a nice stunt by a politician, but it hasn’t gotten any traction,’ argues Clyde & Co partner
France proposes big windfall tax hit on shipping
Other countries could follow French lead if plan proves a successful money maker, warns boxship expert
SIPG appoints new president after year-long vacancy
The former president, Yan Jun, resigned in July last year and was charged for taking bribes totalling $5m
Hyundai Heavy to hire Thai welders to overcome labour shortage
To address workforce shortages, the South Korean shipbuilder has teamed up with the Thai government, which is eager to give its domestic labour force a chance to get a job
Temporary US strike resolution ‘driven more by political intervention’ than ‘traditional collective bargaining’
‘The solution was driven more by political intervention than it was by a traditional collective-bargaining process, and it is a temporary solution,’ MSC executive Bud Darr told a New York forum last week. ‘The dynamics around that may very well change a bit after the election’
Athina Martinou, matriarch of the Martinos shipping clan, dies at 97
One of the most beloved personalities in shipping, Martinou remained a keen hunter and fisherwoman into her 90s and was recognised with a number of awards in Greece and Malta
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