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Monday, May 19, 2025
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Port congestion shows strain on chaotic container market

Port congestion, particularly in northern Europe, is raising concerns of increasing delays and rising port charges as ports struggle to handle an increase in...

Recession looms as tariffs turn trade upside down

Tariffs are driving global markets into recession, succumbing to the inevitable supply and demand imbalance as carrier capacity rises and demand diminishes. Shipping lines are...

Boxship chartering interest turns to feeder vessels

With almost all larger boxships having been snapped up in the charter market, shipping lines are turning their attention to the smaller ships. ...

GRIs and blank sailings halt long-haul rate slide

Mainline operators achieved their first rate gains of 2025 by implementing general rate increases (GRIs) for 1 April, according to Linerlytica’s report. ...

Shippers turning to futures and longer-term contracts to manage risks

Daily turnover of Asia-North Europe (EC) container freight futures traded on the Shanghai Futures Exchange has reached US$1.5 billion. Speakers at the “Navigating the Volatility...

Container lines still hesitant about returning to Red Sea

All mainline operators are sticking to detours round the Cape of Good Hope, according to Linerlytica’s analysis. French box line CMA CGM remains the only...

Trump’s new tariffs unlikely to reverse trade deficit

Tariffs that the Trump 2.0 administration is imposing on Chinese imports would not reverse the US’ deteriorating container trade imbalance with China, according to...

What a difference a year makes

Red Sea diversions were in their infancy in January last year and followed a series of major industry challenges, including the pandemic, the Ever...

Transpacific rate rebound gives box lines upper hand in contract negotiations

Transpacific rates have shot up ahead of an increasingly likely industrial action by US East Coast port workers. This will give mainline operators bargaining...

MSC torches most vintage ships

  Linerlytica’s report states that the 1982-built 1,438 TEU sister pair MSC Eyra and MSC Malin, the most aged vessels in MSC’s fleet, were sold...
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Maersk announces new leader for Eastern Africa

Effective May 5, Tito Okuku has been appointed Managing Director for Eastern Africa at A.P. Moller - Maersk. Okuku brings over 25 years of leadership...

CMA CGM sees revenue and earnings rise amid market uncertainty

French shipping company CMA CGM has achieved improved financial results in the first quarter of 2025. In particular, CMA CGM reported US$13.26 billion in revenue,...

Konecranes names new President and CEO

Finnish port equipment manufacturer Konecranes has appointed Marko Tulokas as its new President and CEO as of June 1. He will succeed current President and...

Tripoli port operations halted after clashes erupt in Libya

Due to the ongoing security situation in Tripoli, Libya, port operations have been suspended until further notice. The German ocean carrier Hapag-Lloyd announced the temporary...
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