Carriers divert vessels from Ningbo, as fears of ‘another Yantian’ grow

By Alex Lennane 12/08/2021 Ships are beginning to divert from Ningbo to Shanghai, following yesterday’s decision to close the Ningbo Meishan Island International Container Terminal (MSICT) due to Covid. All operations at the terminal were suspended at 3am today, with the gate-in of export containers limited to two days of a vessel’s ETA. CMA CGM said cargo […]

US ports face peak-season ‘gridlock plus’ as anchorages fill

Around 80 container ships are now at anchor awaiting berths at US ports Greg Miller, Senior Editor Follow on TwitterFriday, July 30, 2021 The fear voiced by Port of Los Angeles Executive Director Gene Seroka earlier this year was that “we will still have vessels at anchor come midsummer,” when terminals pivot to handling the peak […]

Typhoon brings more supply chain chaos in China, closing air, sea and rail hubs

By Sam Whelan 26/07/2021 More freight delays are expected in China this week, after typhoon In-Fa forced the closure of Shanghai’s container port and airport over the weekend. And last week, the typhoon brought devastating rainfall and flooding in China’s central Henan province, disrupting operations at Zhengzhou (CGO), a major airfreight hub for cargo carriers such as Cargolux. A […]

UP temporarily stopping eastbound container service to Chicago,

7-day suspension scheduled to begin Sunday Joanna MarshThursday, July 15, 2021 Union Pacific is temporarily suspending eastbound service from West Coast port terminals to its Global IV intermodal facility in Chicago to help ease “significant congestion” at inland terminals, especially Chicago, and at the ports. The suspension is aimed at helping ocean carriers reduce backlogs. UP […]

‘I paid ridiculous charges, my cargo still got rolled and the carrier wanted more’

By Mike Wackett 25/06/2021 Short-term freight rates from China to North Europe have breached the $20,000 per 40ft mark, while transpacific carriers are quoting rates of up to $25,000 to the US west coast. And there was one report of $32,000 from Shanghai to Los Angeles being quoted this week, The Loadstar has seen several quotes from the […]

Mounting evidence that container crunch will persist until 2022

Retail inventory-to-sales levels still historically low despite higher spending on services Greg Miller, Senior EditorFollow on TwitterMonday, June 21, 2021 5 minutes read A widely held theory on pandemic spending is that container imports surged because Americans bought a lot more goods when COVID prevented them from buying services. Ergo, with more vaccinations and fewer hospitalizations, […]

Major shipping firms warn of worsening congestion at China’s Yantian port

Reuters Major shipping companies have warned clients of worsening congestion at Shenzen’s Yantian port in southern China following the discovery of several asymptomatic cases of COVID-19 in the city. Yantian International Container Terminal (YICT), one of China’s busiest container ports with an annual handling volume of more than 13 million twenty-foot equivalent units (TEU), has […]

Brace for impact: Data shows US import demand still rising

Record port volumes over recent months could be just the beginning Greg Miller, Senior EditorFollow on TwitterTuesday, May 4, 20210 9,972 4 minutes read As Deutsche Bank analyst Amit Mehrotra told American Shipper back in March, “You ain’t seen nothing yet.” He was right. The latest data reveals that despite a deluge of inbound cargo since the second […]

Egypt Seizes Ever Given Ship in Suez Canal, Demands Compensation

CAIRO—Egypt has seized the container ship that last month blocked the Suez Canal, the vessel’s owner said Tuesday, amid a dispute over how much compensation the country is owed following the weeklong shutdown of the waterway. The move turns up pressure on Ever Given’s Japanese owner to negotiate a settlement that Egyptian authorities are claiming should be roughly […]

Evergreen container ship blocks Suez Canal traffic

20,000-TEU Ever Given reportedly ‘stuck sideways’ Kim Link-Wills, Senior EditorTuesday, March 23, 20219 21,260 1 minute read Tweets of a ship “stuck sideways” in the Suez Canal may prompt skepticism. And then one sees the images. Indeed, a container ship is stuck sideways in the Suez Canal blocking both northbound and southbound traffic.  The ultra large container […]