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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
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
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
Ever Given contract ruling highlights value of Lloyd’s Open Forms
‘The case serves as a reminder to parties to ensure, even when time is short, that a binding contract should be concluded between the parties on all matters,’ says Fiona Cain of Haynes Boone
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Latest From Ports and Logistics
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
Finnlines installs shore power on three vessels
Finnlines said the project will help it to decarbonise its fleet and reduce the environmental impact on port communities. But widespread shore power will not be simple
South Korea vows to double container fleet capacity by 2030
Fleet expansion plan puts spotlight on South Korea’s largest container shipping line HMM and could require an almost doubling in fleet size
More from Containers
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Latest From Containers
Large shippers showing more interest in emission-reducing fuels
Maersk shipped more than half a million teu through its low-carbon services in 2023. But at the smaller end of the market, logistics providers have further 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
South Korea vows to double container fleet capacity by 2030
Fleet expansion plan puts spotlight on South Korea’s largest container shipping line HMM and could require an almost doubling in fleet size
Capacity deployment remains unstable on main lane trades
Red Sea rerouting and other disruptions are playing havoc with vessel deployments. The unstable environment could leave carriers at risk of a price war
Week in charts: GPS jamming sees ships show up at airports | Russian crude exports defy price cap | Ship carrying Russian timber held in Rostock
GPS jamming in the Mediterranean has surged recently, the G7 price cap imposed on Russian oil has been exceeded in March, plus German authorities detain a general cargoship carrying Russian timber in Rostock
Türkiye’s Arkas orders four new panamax boxships
Arkas plans to renew some of its 50-strong fleet in a bid to reduce emissions and better comply with new environmental regulations
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