News

Latest industry related news items

Ports need to escape congestion and delays as global trade rebuilds

02/03/21

Few corners of the global container supply chain were left unscathed by severe congestion at terminals last year, but new data from IHS Markit, released today, shows just how significant the problem became.

HMM's newbuild box ships set to boost capacity on Asia-Europe FE4

24/02/21

HMM is strengthening its status within THE Alliance with the earlier-then-expected deployment of its eight 16,000 teu class newbuilds next month.

Container congestion chaos as Yantian pushes deadlines pre-new year holiday

10/02/21

Severe congestion has hit roads leading to the southern Chinese container gateway of Yantian, as exporters desperately try to clear a backlog of orders before the new year holiday begins at the end of the week.

China factory activity slows on new Covid-19 wave

02/02/21

Factory activity in China slowed slightly in January, official data showed Sunday, as the country rushed to stamp out a recent coronavirus wave in northern China. The purchasing managers' index (PMI), a key gauge of manufacturing activity, came in at 51.3 this month, as the world's second-largest economy tightened Covid-19 precautions ahead of the Lunar New Year.

Carriers announce Asia-Europe blankings for CNY

27/01/21

Ocean carriers are to cancel several headhaul sailings to North Europe around the Chinese New Year holiday next month.

LA-bound 13,100 -TEU Maersk Essen loses 750 containers at sea

25/01/21

A Maersk ship has lost 750 containers overboard in the Pacific during a storm en route to Los Angeles.

Liner industry sees 37% of containers rolled over

25/01/21

The container shipping industry has suffered an unprecedented supply chain challenge with cargo delays reaching all-time high levels and at least 37% of containers worldwide being rolled over.

End to box shortage may be in sight

25/01/21

After an extraordinarily difficult 2020, an end to the exceptional container equipment shortage experienced in recent months could be in sight, according to container monitoring specialist Container xChange.