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Container line Hapag-Lloyd is trying to mitigate the current market-wide shortage of containers and thus places one of its biggest-ever orders for new containers.
The congestion problems in terminals throughout both Europe and North America show no signs of material improvement, says Seaintelligence.
Når trafikproppen med over 360 skibe i kø i Suez-kanalen er opløst, vil containermarkedet være ramt af efterdønninger i to til tre måneder, vurderer shippinganalytiker, der forudser et tovtrækkeri mellem rederier og afskibere om ratetillæg på grund af øgede omkostninger.
Når trafikproppen med over 360 skibe i kø i Suez-kanalen er opløst, vil containermarkedet være ramt af efterdønninger i to til tre måneder, vurderer shippinganalytiker, der forudser et tovtrækkeri mellem rederier og afskibere om ratetillæg på grund af øgede omkostninger.
The container ship Ever Given has now been refloated, and work will resume at noon, at which point the ship's direction is expected to be fully restored, says the Suez Canal Authority.
After a weekend of continued attempts to refloat Ever Given, the Suez Canal Authority considers introducing new meassures named Plan C which involves the complex offloading of containers, writes media Egypt Today.
Liner carrriers, among them MSC and Maersk, are rerouting a large number of vessels south of Africa. Still, MSC describes the Suez Canal blockage as a major disruption that will impact the second quarter of 2021 heavily.
Germany's Hapag-Lloyd buys Dutch container line NileDutch, which specializes in container shipping to and from West Africa. NileDutch has a fleet capacity of around 80,000 teu and 16 offices globally.
Container makers are scrambling to meet a surge in demand for the metal boxes that transport close to 90 percent of the world's goods around the globe. A trade boom in the container market has thrown close to 25 million boxes off their normal routes.
The number of container ships queuing off ports on the US West Coast has been reduced in recent weeks, writes Bloomberg. However, a double-digit number of vessels still await berthing space to unload cargo.
Major bottlenecks throughout global logistics chains cause customers to enter contracts with liner companies that go beyond the usual 6-12 months. Danish retailer Coop is one example, writes media.
If US ports were better equipped and worked like ports in Asia, the severe bottlenecks on the US West Coast might have eased off long ago. CEOs of two container majors strike back with a surprisingly clear quest to invest more and work longer hours.
2020 was a true roller coaster ride for MPC Container Ships, in which a crisis plan in the summer was replaced by record-high rates later in the year. The boom has continued into 2021, and the shipowner projects a six-fold increase in earnings this year.
US retail trade stockpiles are very low and if retail sales following the coronavirus pandemic follow normal a development pattern, it could mean continued import growth in the container market for the rest of the year, reports Sea-Intelligence.
The long-term container contracts currently being negotiated will be unusually expensive for the customers this year. Scan Global notes increases in the range of 50 to 75 percent, the logistics operator tells ShippingWatch. Others point to a doubling of price levels.
Bottlenecks in the container sector mean that Maersk's ships are having "big problems" in terms of arriving on time, acknowledges CEO Søren Skou. The CEO has set an ambitious target for schedule reliability already this year.
A.P. Moeller-Maersk expects to earn even more money in 2021 than in the red-hot container market for 2020. The first quarter this year will be exceptionally strong, projects the company, after which the market is expected to normalize.
The container lines have blanked 42 sailings in relation to the Chinese New Year, which begins this week. This is less than half as many as a year ago, writes Sea-Intelligence.
The world's largest shipowner, Seaspan Corporation, has ordered two new container ships with a capacity of 24,000 teu apiece. The ships are chartered out to a container line on 18-year contracts.
The booming container market has bolstered Maersk's coffers so much that the company now has USD 20 billion to use on acquisitions, shows an analysis a few days before Maersk publishes its 2020 annual report. But analyst doubts that Maersk will be able to achieve its earnings target for logistics before 2023.
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The massive traffic problems plaguing container ports on the US West Coast have spread to nearby ports, informs Hapag-Lloyd. And weather has started to trouble other major US ports.
Container lines are losing revenue on the massive traffic problems in ports across the globe. Routes from China to the US West Coast alone trigger double-digit million dollar losses.
A growing number of container ships arrive late, show new data from Sea-Intelligence. In December, less than half of the ships arrived in ports on time. And there are no prospects of improvement before the second quarter, says the analyst firm.
Maersk is likely headed for an operating profit of more than USD 6 billion in the first three months of the year and USD 10 billion for 2021 as a whole, projects Clarksons Platou Securities. A quarterly increase of 50 percent in freight rates could boost the operating profit.
The major European container lines spend the profits from the lucrative year 2020 on improving their debt and capital structures rather than on ordering new ships and making acquisitions, writes Alphaliner.
Chartering Manager - Ultrabulk 
Dry Cargo Operator - XO Shipping 
Project manager - SDK 
