The Loadstar - Making sense of the supply chain
A Trump presidency would put pressure on ocean rates and Asian exports. If Donald Trump becomes US president again next year, there will be more pressure on container freight rates, as he is expected to reinstate protectionist measures that will reduce imports.
Rates still slipping as peak season recedes and port strike threat ...
1 day ago · 18/10/2024. Freight rates are continuing their downward correction following the premature peak season and front-loading of volumes, leaving shipping lines facing an underwhelming winter. The Drewry World Container Index (WCI) this week continued its drastic downward trajectory, established in July, reaching $3,216 per feu, demonstrating that ...
Main News - The Loadstar
News in Brief podcast | Week 42 2024 | HHLA, MSC vs Gemini, and airfreight capacity shift. In this episode of The Loadstar’s News in Brief Podcast, host and news reporter Charlotte Goldstone recaps last week’s supply chain news, including insights on the upcoming Gemini Alliance, and ... The Loadstar News in Brief Podcast.
Freight rates will stay high next year – no respite for shippers ...
2 days ago · 17/10/2024. Some three million teu of new tonnage arriving next year will most likely be “more than offset” by further market disruption, ensuring no respite for embattled shippers, according to Drewry. As the prospect of more US east coast port strikes remains uncertain, the maritime consultancy drew up scenarios with a strike in January ...
Out-of-fashion LNG now the favourite fuel for new containerships
3 days ago · 16/10/2024. LNG appeared briefly to go out of fashion last year after being slammed as a ‘bridge to nowhere’ and a fossil fuel industry ‘con’. However, LNG-fuelled containerships have swept back to prominence in newbuild ordering, with a share of some 55% of the 2024 orderbook. A record 1.76m teu of LNG-powered tonnage has been ordered ...
Halifax a winner as vessels re-route due to US east coast strike
5 days ago · 14/10/2024. The Canadian east coast gateway of Halifax – and, by extension, port operator PSA which runs its two container terminals – has emerged as the main winner from the three-day ILA stoppage on the US east and Gulf coasts. “Despite the Chinese Golden Week contributing to a temporary rise in blank sailings, Halifax saw increased ...
News in Brief podcast | Week 41 2024 | Strike fallout and …
07/10/2024. % buffered. 00:00. 00:00. In this episode of The Loadstar’s News in Brief Podcast, host and news reporter Charlotte Goldstone recaps last week’s supply chain news and offers a preview of stories that might appear on The Loadstar this week. Ms Goldstone is joined by The Loadstar managing editor, Gavin van Marle, and The Loadstar ...
Scores of ships en route to USEC will be forced to wait out strike ...
26/09/2024. A prolonged strike on the US east and Gulf coasts could prove “toxic” to global container supply chains – and even if industrial action lasts only a few days, it is likely to have ramifications into 2025. Xeneta chief analyst Peter Sand said today there were fears of a knock-on effect that ships being stuck at US east and Gulf ...
US-China 'tariff war' tough on importers as supply chain costs …
20/08/2024. Attempts by businesses to reduce their dependence on Chinese imports are becoming more difficult as the US-China tariff war intensifies. In May, US president Joe Biden announced a 100% border tax on Chinese-made electric vehicles, to protect domestic manufacturers, while other products such as lithium batteries, solar panels and ...
Chinese container makers reveal surge in orders - The Loadstar
05/06/2024. China International Marine Containers (CIMC), the largest container manufacturer, said that container orders were up five-fold in Q1 24, to 494,400 teu, as the equipment shortage bites. In contrast, reefer orders decreased by 23%, to 9,300 teu, a trend CIMC blamed on declining consumption of refrigerated goods caused by inflation.