Spot rates on transpacific surge after news of tariff time-out
Container freight spot rates shot up on the transpacific trades this week, with an immediate ...
Newbuilding activity has continued unabated, as liner operators compete for market share ahead of the reshuffling of container shipping alliances in 2025.
Maersk Line and Hapag-Lloyd, set to launch their Gemini Cooperation in February, have reportedly ordered up to 28 17,000 teu LNG dual-fuel box ships from China’s Yangzijiang Shipbuilding for delivery between 2027 and 2029.
Maersk Line reportedly wants 10 vessels, while Hapag-Lloyd has ordered a dozen, with options for another six, in a combined order estimated at $5.88bn.
“We do not ...
European port congestion now at five-to-six days, and getting worse
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Ocean rates rise after tariff pause acts as 'starting gun' for more front-loading
Carriers react quickly to transpac demand surge, but rates remain muted
ONE opts for South Korean newbuilds to avoid hefty US port fees
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Crew saved as MSC box ship, hit by 'monsoon' off Indian coast, sinks
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