Ultra large box ships and the distorted shipping cycle
Received wisdom – are the wheels coming off?
Supply in container shipping has become “febrile and extreme”, according to analysts at Transport Intelligence (Ti), as the sector lurches between a surge in the requirement for capacity and a large increase in the supply of new vessels.
Stanley Smulders, director of marketing and commercial for ocean carrier ONE, told The Loadstar on the sidelines of the Multimodal Exhibition in Birmingham that the Red Sea crisis had upset the balance of supply and demand in ocean shipping.
“In our industry, the market ...
Keep our news independent, by supporting The Loadstar
Spot rates on transpacific surge after news of tariff time-out
Shippers should check out the 'small print' in China-US tariff cuts
'Cargo collision' expected as transpacific capacity tightens and rates rise
Houthis declare blockade of port of Haifa – 'vessels calling will be targets'
European port congestion now at five-to-six days, and getting worse
Another CMA CGM vessel heading for Suez Canal – 'to mitigate schedule delay'
News in Brief Podcast | Week 20 | 90-day countdown, India and Pakistan
Threat to airport operations as India revokes security clearance for handler Çelebi
South America will benefit as air cargo traffic diverts from the transpacific
CMA CGM will carry on investing after 'solid' Q1, despite unclear outlook
Air cargo forwarders stick to spot rates – a long-term contract would be 'foolish'
Comment on this article