Containers
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Panama Canal finally begins to rebound after drought-driven dive
Despite positive momentum in March, neopanamax locks transits were 18%-20% below levels in the same month in 2022 and 2023, and panamax locks transits were down 36%. The nascent recovery has far to go
Red Sea rerouting hits east Mediterranean transhipment hubs
The closure of the Red Sea route to the Mediterranean has seen larger vessels skip the region; this in turn has sent transhipped volumes elsewhere
Panama Canal finally begins to rebound after drought-driven dive
Despite positive momentum in March, neopanamax locks transits were 18%-20% below levels in the same month in 2022 and 2023, and panamax locks transits were down 36%. The nascent recovery has far to go
Resilient US economy continues to buoy container shipping demand
America’s economy remains a relative bright spot for container shipping demand. US imports held firm at healthy levels in March and are now aligning with the growth trend seen prior to the pandemic
APM Terminals steps up port efficiency drive as new alliance launch looms
Better productivity at transhipment hubs will improve throughput for the entire network and bolster resilience against continuous disruptions, port operator’s Asia chief Jonathan Goldner tells Lloyd’s List
No major east coast fallout from Baltimore container blockage
Container shipping flows have adjusted to the Baltimore bridge accident. Rates to the east coast continue to decline despite the port closure, driven lower by normalisation of supply chains following Cape of Good Hope diversions
War zone GPS jamming sees more ships show up at airports
More than 100 cargo-carrying vessels appeared to show up in Beirut airport yesterday. AIS manipulation, common in the region since Hamas’ October 7 attack on Israel, has taken off
Red Sea attacks pull idle containership capacity back to pandemic levels
Carriers signed multi-year charters during the supply chain crisis. A key question for ship lessors is: Will Red Sea disruptions persist beyond the maturity dates of those pandemic-era charters?
Baltimore bridge collapse vessel owners could still claim general average
The idea of GA has been around for over two millennia. But today’s cargo underwriters hate it and the International Union of Marine Insurance has campaigned against it for decades
Transpacific contract negotiations going down to the wire
The upside scenario for shipping lines — Houthi-inflated spot rates spur big gains in annual transpacific rates — is not happening, says Flexport. Carriers are seeking relatively small year-on-year increases
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Latest From Ports and Logistics
Protest group threatens supply chain disruption
The war in Gaza and actions in Yemen have seen protests against events in the region. One group is now threatening to disrupt trade to make its feelings known
Bangkok port’s newest relocation attempt unlikely to materialise
Pollution reduction cited as the main reason behind relocation, but other private terminals nearby could make any move redundant
Former Guangzhou port chairman detained in misconduct probe
Guangzhou port has been reviewing projects carried out during Li’s tenure
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Latest From Containers
Detained Rostock ship raises knotty sanctions questions
The detained Atlantic Navigator II shows what happens when sanctions clash
Maersk completes China’s first ship-to-ship methanol bunkering in Shanghai
Danish shipping giant carried out the landmark bunkering for its second methanol-powered containership Astrid Maersk, which is due for delivery between 2024 and 2025
Travlos calls on EU to safeguard shipping for public benefit
Shipping panel at Greek political and economic summit underlines role of industry in preserving EU’s competitiveness and security
Protest group threatens supply chain disruption
The war in Gaza and actions in Yemen have seen protests against events in the region. One group is now threatening to disrupt trade to make its feelings known
Bangkok port’s newest relocation attempt unlikely to materialise
Pollution reduction cited as the main reason behind relocation, but other private terminals nearby could make any move redundant
Panama Canal finally begins to rebound after drought-driven dive
Despite positive momentum in March, neopanamax locks transits were 18%-20% below levels in the same month in 2022 and 2023, and panamax locks transits were down 36%. The nascent recovery has far to go
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