# Container Shipping News **URL:** \ **Category:** Maritime News\ **Created:** [April 30, 2022, 11:30am UTC](https://forum.gcaptain.com/t/container-shipping-news/62965 "2022-04-30T11:30:33Z")\ **Posts on this page:** 20\ **Page:** 3
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [August 25, 2022, 1:09pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/41 "2022-08-25T13:09:06Z")
Consolidation of Container Feeder lines: > **[Tim Hartnoll venture acquires Bengal Tiger Line and Caribbean Feeder Service...](https://splash247.com/tim-hartnoll-venture-acquires-bengal-tiger-line-and-caribbean-feeder-service/)** > > Tim Hartnoll-led private equity venture HICO Investment Group has bought Bengal Tiger Line (BTL) as well as acquiring a majority shareholding in Caribbean Feeder Service in the latest chapter of container consolidation. No price has been revealed for... > **[HICO Investment Group](https://www.hico.one/)** > > HICO is an investment company focused on the maritime and logistics sector, with interests in hospitality ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [August 25, 2022, 8:20pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/42 "2022-08-25T20:20:56Z")
> **[More on 53ft box logistics](https://www.worldcargonews.com/news/more-on-53ft-box-logistics-69589)** > > CARRIER53' has started a dedicated supply chain service for importing new 53ft containers into the US. From what I can see the Carrier53’ shipping line specializes in one-way shipments of 53ft US domestic containers from the manufacturers in China to the US. Nothing said about any return cargo. (??) ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [September 7, 2022, 10:21am UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/43 "2022-09-07T10:21:09Z")
Is the party over??: > **[BCOs in renegotiation mode as rates slide - Splash247](https://splash247.com/bcos-in-renegotiating-mode-as-rates-slide/)** > > With freight rates in free-fall shippers are busy renegotiating their contracts with containerlines, who are facing up to the reality that the liner party is fizzling out. The Shanghai Containerised Freight Index (SCFI) spot box freight rate index... ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [September 7, 2022, 11:55am UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/44 "2022-09-07T11:55:52Z")
But the good times keep rolling for the Container leasing companies: > **[Drewry: Surplus of Six Million TEU Built Up by Carriers Will Recede](https://maritime-executive.com/article/drewry-surplus-of-six-million-teu-built-up-by-carriers-will-recede)** > > As the surge in container shipping grew in 2020 and 2021 carriers around the world were scrambling to find enough boxes to accommodate shipments while... ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [September 11, 2022, 11:37am UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/45 "2022-09-11T11:37:02Z")
> **[Empty Containers Will Overwhelm Ports in 2023 Warns Sea-Intelligence](https://maritime-executive.com/article/empty-containers-will-overwhelm-ports-in-2023-warns-sea-intelligence)** > > Ports around the world have been complaining for nearly a year about the build-up of empty containers blaming the containers piling up in their yards... > [@](#): > > In its analysis of the eventual normalization of supply chains and the potential ramifications on the flows of empty containers, Sea-Intelligence highlights the decline in the time it takes from when the cargo is ready at the exporter until the importer takes delivery. Pre-pandemic, the transportation time was 45 days on average, peaking at a transportation time of 112 days in February 2022, which has since been reduced to 88 days, as of the end of August they report. > > “As transportation time is now getting shorter, these additional containers will be released back out of the supply chain, and they will start to pile up, primarily in Europe and the U.S.,” predicts Murphy And more slotts will be available to carry more containers across the ocean faster, thus causing more port congestions because of inefficient ports and lack of efficient infrastructure to handle the inshore transport, unstuffing, stuffing and returning containers to the ports/inland depots. > [@](#): > > The Port of Los Angeles and Long Beach have been threatening for nearly a year to institute fees based on excess dwell times to encourage carriers to clear out containers. > This comes despite complaints from shippers that contended during 2022 that carriers were rushing ships back to Asia with empties to the detriment of U.S. exporters. So shipping companies are to blame because they bring too many containers too fast across the oceans? (Only to have to steam around out of sight for days, (burning fuel and causing GW) while waiting on wharf space. On top of that they charge demurrage (rental) when their containers are not redelivered within the agreed and contracted free time. It is unfair, AVIS would NEVER do that if you failed to redeliver your rental car on time. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [September 11, 2022, 9:28pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/46 "2022-09-11T21:28:17Z")
> **[Shipping lines and container owners in the US struggle to return empty...](https://www.hellenicshippingnews.com/shipping-lines-and-container-owners-in-the-us-struggle-to-return-empty-containers-to-china/)** ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [September 13, 2022, 11:08am UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/47 "2022-09-13T11:08:01Z")
Meanwhile the Chinese are producing more new containers (if all sizes) to fill the need for empties in their market: > **[20ft containers are not nearing extinction: Drewry - Splash247](https://splash247.com/20ft-containers-are-not-nearing-extinction-drewry/)** > > Following a contraction in output of newbuild 20ft shipping containers in 2021, ordering has recovered strongly this year, and contrary to popular opinion UK consultancy Drewry expects its share of the global container equipment fleet to remain above... > [@](#): > > In the first eight months of the year manufacturers based in China, which account for over 96% of global output, produced close to 500,000 teu, which was up almost 64% year-on-year and 35% on the corresponding period in 2020. Drewry expects output for the full year to total at least 900,000 teu, up from just below 560,000 teu in 2021 ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [September 16, 2022, 11:31am UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/48 "2022-09-16T11:31:13Z")
Empties are not all bad news: > **[Empties Help Port of Long Beach Surpass Los Angeles in August](https://gcaptain.com/empties-help-port-of-long-beach-surpass-los-angeles-in-august/?subscriber=true&goal=0_f50174ef03-f6d0f2bf90-169863069&mc_cid=f6d0f2bf90&mc_eid=4674ba0fbe)** > > The Port of Long Beach on Thursday reported having its second busiest August on record, with cargo volumes less than 1,000 TEUs off its monthly record and even surpassing its... ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [September 16, 2022, 12:14pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/49 "2022-09-16T12:14:19Z")
> **[COSCO details $4.9bn boxship fleet expansion plans - Splash247](https://splash247.com/cosco-plans-4-9bn-boxship-fleet-expansion/)** > > COSCO Shipping, the world’s fourth largest carrier, is to massively add to the global containership orderbook, detailing a $4.9bn outlay in new ships. The container arm of China’s largest maritime conglomerate has laid out plans to order 32 ships... ![image](https://us1.discourse-cdn.com/flex016/uploads/gcaptain_maritime_forum/original/3X/1/2/12acaebdc70b524f98a3fe6d8413e7543e07ce62.jpeg) I spot at least 7 mega container ships in COSCO colours in different stages of construction at this yard alone. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [September 19, 2022, 10:30am UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/50 "2022-09-19T10:30:28Z")
Are the party over for the Container Lines?: > **[‘Hard landing’ forecast for container freight rates - Splash247](https://splash247.com/hard-landing-forecast-for-container-freight-rates/)** > > Container shipping has been warned to brace for a hard landing rates-wise as multiple indices around the world plunge further. Utilisation rates are sliding despite an increase in blank sailings. Spot rates, as recorded by the Shanghai Containerized... Who are the US Government going to blame and US Shippers going to sue then?? ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [September 21, 2022, 11:01am UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/51 "2022-09-21T11:01:15Z")
Hard time also for the smaller and newer Container Lines that operate in the spot market using chartered ships: > **[Exposed carriers struggling to pay sky-high charter rates - Splash247](https://splash247.com/exposed-carriers-struggling-to-pay-sky-high-charter-rates/)** > > The abrupt plummet in boxship charter rates is making plenty of headlines, with warnings that some carriers are struggling to keep up with their rental payments for ships signed earlier at sky-high prices. Classic panamax tonnage has been fixed in... ---
**Author:** ![neutralobserver](https://avatars.discourse-cdn.com/v4/letter/n/c0e974/32.png) [@neutralobserver](https://forum.gcaptain.com/u/neutralobserver)\ **Post date:** [September 21, 2022, 1:00pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/52 "2022-09-21T13:00:42Z")
I think there’s an eighth in the background. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [October 5, 2022, 12:38pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/53 "2022-10-05T12:38:25Z")
Now one of these greedy container lines are offering incentive to US importers who return empty containers quickly: > **[Trees for teus: CMA CGM’s creative bid to get early container returns in the...](https://splash247.com/trees-for-teus-cma-cgms-creative-bid-to-get-early-container-returns-in-the-us/)** > > Trees for teus is French liner CMA CGM’s snappy new way to improve supply chain fluidity in a green fashion. The Rodolphe Saade-led firm has just unveiled its new TEUs to Trees Early Container Return Incentive Program, which will provide customers... Will that work better than to enforce demurrage for late return per contract? Left to be seen. IMHO nothing helps if the infrastructure is not there to handle the volum of trade. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [October 6, 2022, 9:49pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/54 "2022-10-06T21:49:00Z")
How long was Adam in Paradise?: > **[Now Maersk suspends Asia-USEC loop: 'when demand recovers, it will return' -...](https://theloadstar.com/now-maersk-suspends-asia-usec-loop-when-demand-recovers-it-will-return/)** > > Maersk Line has announced it is suspending the TP28 Asia-US east coast service as carriers cut capacity in bid to restore spot freight rates Sounds like a major exodus from the Far East - US container trade. (??) ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [October 8, 2022, 7:22pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/55 "2022-10-08T19:22:17Z")
> **[The Cargo Integrity Group of Seven Updates its Container Safety Guidance |...](https://www.hellenicshippingnews.com/the-cargo-integrity-group-of-seven-updates-its-container-safety-guidance/)** Well secured cargo? Example: ![image](https://us1.discourse-cdn.com/flex016/uploads/gcaptain_maritime_forum/original/3X/e/b/eb5048063bc00e2be063550d69c10cd755db45cc.jpeg) Loaded Flat Racks container onboard the MATZ MAERSK Photo: Rob van den Houten © ---
**Author:** ![tugsailor](https://avatars.discourse-cdn.com/v4/letter/t/a9adbd/32.png) [@tugsailor](https://forum.gcaptain.com/u/tugsailor)\ **Post date:** [October 9, 2022, 1:58am UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/56 "2022-10-09T01:58:31Z")
Hahahaha!!! ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [October 10, 2022, 12:25pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/57 "2022-10-10T12:25:56Z")
It is feast or famine in Container shipping, as in all other branches of the shipping industry: > **[Where’s the floor for container shipping?  - Splash247](https://splash247.com/wheres-the-floor-for-container-shipping/)** > > Assessing where the rates floor is in the consolidated container shipping market is keeping experts busy as multiple indices continue to report steep declines. UK consultants Drewry last week lowered its demand outlook for 2022 to 1.5%, and to 1.9%... ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [October 11, 2022, 3:38pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/58 "2022-10-11T15:38:23Z")
Markets are falling but more ships are joining the market in the years to come: > **[MSC’s orderbook breaks multiple records - Splash247](https://splash247.com/mscs-orderbook-breaks-multiple-records/)** > > With Yangzijiang Shipbuilding recently confirming Mediterranean Shipping Co (MSC) has ordered a dozen LNG dual-fuelled 16,000 teu ships, the orderbook at the world’s largest carrier now stands just shy of 2m teu, a figure so large that analysts are... Maybe good for the breakers?? ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [October 12, 2022, 10:04am UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/59 "2022-10-12T10:04:36Z")
> **[FBX Index: Back to 2020 levels | Hellenic Shipping News Worldwide](https://www.hellenicshippingnews.com/fbx-index-back-to-2020-levels/)** ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [October 13, 2022, 12:09pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/60 "2022-10-13T12:09:27Z")
> **[HSBC brings forward its trough scenario for container shipping  - Splash247](https://splash247.com/hsbc-brings-forward-its-trough-scenario-for-container-shipping/)** > > Banking major HSBC has brought forward its trough scenario for container shipping given the extreme speed with which the sector’s fortunes have declined in recent months. At the current pace where spot rates are plummeting by 7.5% every week, freight... [Previous page](https://forum.gcaptain.com/t/container-shipping-news/62965.md?page=2) [Next page](https://forum.gcaptain.com/t/container-shipping-news/62965.md?page=4)