Containers
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Container rates slide as parties head into negotiations
Carriers and shippers will meet in Long Beach next week to begin negotiating this year’s transpacific contracts. Discussions are expected to be protracted as both sides push hard
Box shipping settles into the new ‘new normal’
The initial shock phase of the Red Sea crisis is coming to an end. With demand now set to ease the market has a chance to settle
Red Sea crisis deals blow to Piraeus’ standing as East Med’s transhipment king
Lloyd’s List Intelligence data shows calls of larger tonnage, 10,000 teu and above, at Piraeus have more than halved since mid-December, when carriers began Red Sea rerouting. The port’s container throughput also sustained a double-digit drop in January
Svitzer prepares to go it alone
Towage and terminal service may not be a high-growth sector. But the chief executive says there are benefits to avoiding the cyclicality of other shipping segments
War halves Ukraine’s maritime trade
A corridor established by Ukraine’s armed forces enables vessels to move freely to and from some of the country’s seaports, but maritime trade remains a fraction of what it once was as other key ports remain closed or under occupation
The Lloyd’s List Podcast: What this year’s P&I renewals mean for shipping
This year’s annual P&I renewals have been less dramatic than previous editions — Minimal vessel churn combined with higher premiums, improved investment returns and modest pool claims saw marine mutuals find a sweet spot. Our insurance editor David Osler pulled together a panel of industry experts to examine what it means for shipping
Falls in Red Sea ship traffic stabilise as Suez transits hit fresh low
Weekly gain in smaller, feeder containerships filling the void left by larger east-west vessels now transiting around the Cape of Good Hope
The week in newbuildings: Cruise sector revival
Carnival and Royal Caribbean both confirmed orders following a pandemic-induced absence from the newbuilding market since 2020
The week in charts: Russia’s Sea of Azov trade reconfigures | Houthi threat to shipping to remain | Scrubber-fitted boxship capacity climbs to new highs
Ukraine’s naval campaign forced Kerch Strait traffic offline and pushed the region’s main transhipment hub south; Houthis will continue to pose a risk to shipping even if Israel withdraws from Gaza and a ceasefire holds; and more than a third of the container shipping fleet now scrubber-fitted
Houthi threat to shipping will remain whatever Gaza outcome, say analysts
Houthi attacks have successfully forced the reconfiguration of international trade flows with Bab el Mandeb transits halved, according to Lloyd’s List Intelligence data
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Latest From Ports and Logistics
Grimaldi expands capacity on Igoumenitsa service
Brindisi-Igoumentisa service ‘an essential bridge’ for transport between Italy and Greece
Kuehne+Nagel profits fall as market normalises
A ‘persistently challenging’ environment characterised 2023. But earnings remain far above pre-pandemic levels
EU to support shore power and e-fuel projects in ports with $1bn fund
The EU has launched a call for proposals from the transport sector, as the bloc aims to support alternative fuel projects that will help countries reach net zero targets
More from Containers
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Latest From Containers
Box carriers still in strong position as market weakens
Even as losses emerged in the final quarter of the year, container line results remained strong. But overcapacity and increasingly urgent demands from decarbonisation will test their mettle
The mess of EU ETS compliance: ‘No pub, no beer’
The EU has added a compliance burden without the regulatory framework for companies to comply with it. Lack of charter clauses is one of the biggest challenges chartering ‘has ever faced’
Kuehne+Nagel profits fall as market normalises
A ‘persistently challenging’ environment characterised 2023. But earnings remain far above pre-pandemic levels
Container rates slide as parties head into negotiations
Carriers and shippers will meet in Long Beach next week to begin negotiating this year’s transpacific contracts. Discussions are expected to be protracted as both sides push hard
Hamburg feels effect of northern range slowdown
Throughput was down in 2023 as weak economic conditions and geopolitical tensions affected trade. For terminal operator HHLA, there was a hit to revenues as well
Euroseas newbuild charter illustrates bounce in market for boxships
Nasdaq-listed owner aims to ‘continue capitalising’ on firmer market for other vessels coming open, including three 1,800 teu newbuildings
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