Carriers put on a brave face amid further decline in ocean spot rates
Container spot freight rates on the main east-west trades saw another week of declines, although, ...
New evidence has emerged as to the cause of the container collapse on the ONE-operated Madrid Bridge, which has the dubious distinction of being the first overboard box incident of 2022.
An initial investigation – a copy of which has been passed to The Loadstar – reveals that the vessel had begun idling south of the Azores, in the mid-Atlantic, on 2 January to delay its arrival at the port of New York.
However, on 7 January, a large swell, along with 22-knot ...
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