Containerships News

 

East Coast Dockworkers Strike Halts Half of US Ocean Shipping

Oct 01, 2024

Dockworkers on the U.S. East Coast and Gulf Coast began a strike early on Tuesday, their first large-scale stoppage in nearly 50 years, halting the flow of about half the nation's ocean shipping after negotiations for a new labor contract broke down over wages.The strike blocks everything from food to automobile shipments across dozens of ports from Maine to Texas, in a disruption analysts warned will cost the economy billions of dollars a day…

All Eyes on China as Trump Retakes the White House

Nov 06, 2024

Donald Trump’s victory in the US Presidential Election is has importers on edge, fearing another spike in ocean container shipping freight rates premised on President Trump's vow on blanket tariffs of up to 20% on all imports into the US and additional tariffs of 60% to 100% on goods from China…

Container Vessel Deliveries Soar

Nov 05, 2024

Just ten months into 2024, shipyards’ deliveries of container ships have reached a new annual record. A total of 410 ships with a capacity of 2.5m TEU have been delivered, surpassing the previous full year high of 2.3m TEU in 2023,” says Niels Rasmussen…

ILA 'Scaremongering' with Hyperbolic Box Rate Claims -Xeneta

Oct 01, 2024

The International Longshoremen’s Association (ILA) on Tuesday has gone ahead with strike action at U.S. ports from Maine to Texas and accused ocean container carriers of ‘gouging customers’.The ILA confirmed the strike in an announcement yesterday…

Shippers Race to Find Alternatives as US Port Strike Looms

Sep 25, 2024

U.S. companies that rely on East and Gulf Coast seaports have been importing early, shifting goods to the West Coast, and even putting cargo on pricey flights to hedge against a threatened Oct. 1 strike that could jam supply chains and reignite inflation ahead of the U…

US Sues Containership Dali Owner for Baltimore Bridge Destruction

Sep 18, 2024

The U.S. Justice Department on Wednesday filed a civil claim seeking $103 million from the two Singaporean companies that owned and operated the container ship that in March toppled the Francis Scott Key Bridge in Baltimore, killing six people and paralyzing a major transportation artery for the U…

US Imports Surge Amid Threat of East Coast Port Strike

Sep 10, 2024

Imports of U.S. container cargo in August jumped 12.9% from a year ago as a summer volume surge delayed cargo at major ports and anxiety builds over a threatened longshore worker strike on the East Coast and Gulf of Mexico on Oct. 1, trade data provider Descartes Systems Group said on Tuesday…

US Retailers Rush Holiday Imports Amid Fears of Strikes and Supply Chaos

Aug 13, 2024

Retailers are fueling a summer rush of imports to the United States this year as companies guard against a potential strike by port workers and ongoing shipping disruptions from attacks in the Red Sea ahead of a shortened holiday shopping season…

Chinese Port Blast Raises Serious Safety Concerns for Container Shipping

Aug 09, 2024

A major explosion on board a containership berthed at the port of Ningbo-Zhoushan in China raises serious safety concerns, a shipping analyst said.The incident took place Friday, with video footage showing a massive explosion on board Taiwanese…

Maersk Anticipates Slower Growth Following Red Sea Crisis Surge

Aug 07, 2024

Maersk expects global container shipping growth to slow from a strong start to the year, when customers soaked up goods to prevent them from being held up by Red Sea attacks and other disruptions, it said on Wednesday.The Danish company, viewed as a barometer of world trade…

Greek Coast Guard Makes Million Dollar Cocaine Bust

Aug 06, 2024

Greek authorities have confiscated cocaine valued at more than 1 million euros ($1.10 million) that was hidden in a sea container for bananas, the coast guard said.The drugs, seized from a vessel in Piraeus port on Monday, were found with the…

ZIM Opens USA Headquarters in Virginia Beach

Jul 30, 2024

Israeli ocean carrier ZIM celebrated the grand opening of its new U.S. headquarters in Virginia Beach, Va.'We are excited to open our new U.S.A. headquarters in Virginia Beach. This milestone is a testament to our commitment to growth and innovation…

US Importers Balk at Return of $10,000 Container Shipping Rate

Jul 15, 2024

The cost to ship a standard 40-foot container of toys, auto parts or other goods from Shanghai to New York has jumped to nearly $10,000, fueling frustration among importers and prompting some experts to say the market is in a bubble.The Drewry…

Hapag-Lloyd and ZeroNorth Team Up on Bunker Procurement

Jun 26, 2024

A new partnership between container carrier Hapag-Lloyd and tech company ZeroNorth will aim to develop and launch a new bunker procurement and planning solution for the maritime industry.The partners said on Wednesday that they will set out…

Brazil's Container Port Operator Seeks to Avert 'Congestion' Surcharge

Jun 13, 2024

TCP, an arm of China Merchants Port, is working to dissuade a logistics firm from applying a surcharge on outgoing cargos at South America's largest container terminal, TCP Commercial Director Carolina Brown said.France-based logistics firm CMA CGM's $150 surcharge…

Logistics News

DP World Marks Record 8.3% Growth in Container Handling for 2024

DP World Marks Record 8.3% Growth in Container Handling for 2024

Lithuanian Port Goes Forward with Quay Reconstruction for Offshore Wind

Lithuanian Port Goes Forward with Quay Reconstruction for Offshore Wind

Smuggled Horses Intercepted at Port

Smuggled Horses Intercepted at Port

AD Ports and CMA CGM to Operate New Terminal in Congo

AD Ports and CMA CGM to Operate New Terminal in Congo

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