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Booming May rates mask the looming capacity bomb

Massive increases in container shipping rates since 2 May are the consequence of Asian port congestion, US import demand, reduced Asia to Europe capacity...

Red Sea crisis still leaves alliances short of ships, as newbuildings fully absorbed

The three container shipping alliances are still short of 36 ships, or 10% of the required tonnage, to entirely fulfill their 25 Asia –...

OCEAN Alliance rolls out new service network

OCEAN Alliance, consisting of CMA CGM, COSCO, Evergreen and OOCL, has announced the launch of its updated service network, called "DAY 8 Product". After extending...

Container shipping alliance landscape: Dominant OCEAN Alliance extension leaves THE Alliance stranded

The extension of cooperation among OCEAN Alliance partners has established a framework for the operation of major container lines in the coming years. As CMA...

Lack of newbuildings costs OCEAN Alliance’s Asia-Europe frequency

Since the members of OCEAN Alliance (CMA CGM, COSCO Shipping Lines and Evergreen Marine Corporation) did not have many newbuildings join their fleets, nor reassign...

Carrier alliance analysis: Ocean Alliance expands on Asia-North Europe

Sea-Intelligence looked at the development in capacity market shares between the three carrier alliances on the Transpacific and Asia-Europe trades. Capacity market share is the...

Ocean Alliance’s dominant era comes after 2M breakup

The Ocean Alliance comprising CMA CGM, COSCO Shipping Lines and Evergreen Marine Corporation is set to become the largest box shipping alliance once the...

“Schedule reliability recovery rate for 2M was above Ocean and THE Alliance for Asia-North Europe trade lane,” reports Sea-Intelligence

To gauge which of the three container carrier alliances recorded the fastest post-pandemic recovery in schedule reliability, Danish maritime data analysis company Sea-Intelligence pegged...

Blanked sailings now the norm

Blanked Asia-Europe sailings have become expected in liner operators' routines, according to Alphaliner's latest report today (16 August). Record newbuilding deliveries have made operators reduce...

Alliances’ capacity stands at just 39%

Alphaliner's latest report shows that the major container shipping alliances control just 39% of the global box shipping fleet, far below the 80% they...
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NYK buys segments of ENEOS Ocean’s shipping business

NYK will acquire 80% of the shares of a new company to be established by ENEOS Ocean Corporation, a consolidated subsidiary of ENEOS Holdings,...

NWSA reports higher container volumes in 2024

The Northwest Seaport Alliance (NWSA), a partnership between the ports of Seattle and Tacoma, handled 321,432 TEUs in June, representing a significant growth of...

Port of Rotterdam nears 7 million TEUs in first half

In the first half of the year, Port of Rotterdam's container throughput increased by 4.2% in tonnes to 67.1 million tonnes and by 2.2%...

Port of Los Angeles achieves another monthly container gain

Port of Los Angeles processed 827,757 TEUs in June, translating to a 10% increase over the previous month and less than 1% compared to...