Main News - The Loadstar
4 days ago · Maersk dismisses fears over capacity constraints at key Gemini port Maersk is confident that its key South-east Asia hub of Tanjung Pelepas (PTP) will handle the pressure of being the most important global hub in the upcoming Gemini Cooperation network.
Rates reflect strong demand bounce and call for more ocean …
Nov 8, 2024 · The WCI’s Shanghai-Rotterdam leg grew 16% week on week, to finish at $3,954 per 40ft, while the Shanghai-Genoa leg jumped 21%, to $4,399 per 40ft.
Yang Ming extends charters and is set to order new box ships
Nov 6, 2024 · Yang Ming’s chairman Tsai Feng-ming says the Taiwanese carrier is feeling the heat from compatriot peer Wan Hai Lines’ aggressive newbuilding spree.. Yang Ming’s only newbuildings are five 15,500 teu ships commissioned in May 2023, while, Wan Hai, widely tipped to join one of the container shipping alliances next year, has 30 vessels on order, amounting to …
US port strike called off as ILA and USMX reach 'tentative' …
Jan 9, 2025 · “This agreement protects current ILA jobs and establishes a framework for implementing technologies that will create more jobs while modernising east and Gulf coast ports – making them safer and more efficient, and creating the …
MSC 'to offer feeder vessel' to get stranded Canadian cargo to its ...
Nov 21, 2024 · MSC appears to have decided against leaving Montreal-destined shipments at the port of Halifax, and is said to be set to provide a feeder service to ferry them on to the Quebec port, which had been hit by one of a spate of strikes across Canada.
The Loadstar - Making sense of the supply chain
Maersk dismisses fears over capacity constraints at key Gemini port Maersk is confident that its key South-east Asia hub of Tanjung Pelepas (PTP) will handle the pressure of being the most important global hub in the upcoming Gemini Cooperation network.
2025 M&A Outlook: Consolidation pressures meet a private equity …
Dec 23, 2024 · 2024 review: Are we in the early stage of an improving logistics demand cycle? With the IMF forecasting global GDP growth of 3.2% in 2024, global merchandise trade volumes are projected to also rebound, reaching a growth rate of approximately 2.3%. This marks a significant improvement from the 1.1% decline in 2023. The uptick in trade volume has directly …
Cosco to boost box fleet ahead of Trump tariffs and alliance …
Nov 15, 2024 · Despite the restructuring of the three container shipping alliances, and MSC’s emergence as a solo operator, Cosco Shipping Holdings (CSH) said its liner operators would continue building capacity, while pursuing service quality.
Freight rates on major ocean trades out of India continue to slide ...
Oct 24, 2024 · A ONE source said: “We need to deploy a few more vessels to call via the Cape of Good Hope and to deal with some terminal issues.” Still, freight forwarders expect rates for bookings to the US and Europe to further soften through December, at least, before some signs of a reversal are seen.
Shippers struggle to find capacity amid growing shortage of …
Dec 13, 2024 · Shippers there also face a shortfall of available reefer equipment. According to specialist Metro, South American exporters have struggled with a 73% shortage of reefer boxes.