# 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:** 4
**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 17, 2022, 4:03pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/61 "2022-10-17T16:03:55Z")
> **[Shippers eye Index Linked Container Contracts to obtain better ocean freight...](https://www.hellenicshippingnews.com/shippers-eye-index-linked-container-contracts-to-obtain-better-ocean-freight-rates-value/)** Surprise, surprise: > **[Market Volatility causing the classic ‘boom and bust cycle’ in the container...](https://www.hellenicshippingnews.com/market-volatility-causing-the-classic-boom-and-bust-cycle-in-the-container-shipping-industry-container-xchange-october-forecaster/)** ---
**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 18, 2022, 11:19am UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/62 "2022-10-18T11:19:25Z")
Maybe time to look closer to home for the cause of the problem?: > **[Inflation Scapegoats No More: Ocean-Shipping Prices Collapse | National Review](https://www.nationalreview.com/2022/10/inflation-scapegoats-no-more-ocean-shipping-prices-collapse/?utm_source=recirc-desktop&utm_medium=blog-post&utm_campaign=river&utm_content=more-in&utm_term=first)** > > Politicians attacked ocean carriers as opportunistic price gougers, but now the companies risk unprofitability as container rates collapse. > [@](#): > > Politicians will also be left without one of their favorite inflation scapegoats. Blaming the greedy foreign-shipping companies for higher prices when freight rates are collapsing isn’t very convincing. That was never how inflation worked to begin with — shipping prices are relative prices, and they don’t represent a general increase in the price level — but now there isn’t even circumstantial evidence to support the scapegoat story. But at least they can still blame their other favourite scapegoat; 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:** [October 19, 2022, 9:28pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/63 "2022-10-19T21:28:01Z")
> **[Evergreen joins compatriot lines in renegotiating shipping contract rates -...](https://theloadstar.com/evergreen-joins-compatriot-lines-in-renegotiating-shipping-contract-rates/)** > > Evergreen has followed its fellow Taiwanese carriers, Yang Ming and Wan Hai, in beginning to renegotiate contract terms with shippers. The carrier’s general manager, Eric Hsieh, said today: “We need to reduce the spread between the contract and... Some wants to blame inflation on the high freight rates, but here is a different view: > [@](#): > > He said: “Inflation is the biggest reason for the freefall of freight rates.” ---
**Author:** ![spowiednick](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/spowiednick/32/35668_2.png) [@spowiednick](https://forum.gcaptain.com/u/spowiednick)\ **Post date:** [October 21, 2022, 10:07am UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/64 "2022-10-21T10:07:09Z")
> **[Inactive boxship levels hit two-year high - Splash247](https://splash247.com/inactive-boxship-levels-hit-two-year-high/)** > > Inactive tonnage as a percentage of the overall container fleet is now at its highest level in two years, according to Alphaliner, the latest in a wide-ranging series of data points highlighting the sector’s swift change in fortunes. The proportion... ---
**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 26, 2022, 12:47pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/65 "2022-10-26T12:47:34Z")
> **[Carriers under pressure to take more decisive action to stem declines -...](https://splash247.com/carriers-under-pressure-to-take-more-decisive-action-to-stem-declines/)** > > It’s the topic that has sparked the most debate in the container sector all month – just where is the floor for rates? Analysts seem divided on how much lower rates will head before settling at a new normal level. According to SHIFEX, one of a host... It’s the topic that has sparked the most debate in the container sector all month – just where is the floor for rates? ---
**Author:** ![spowiednick](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/spowiednick/32/35668_2.png) [@spowiednick](https://forum.gcaptain.com/u/spowiednick)\ **Post date:** [October 31, 2022, 12:35am UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/66 "2022-10-31T00:35:44Z")
[Limited scrap potential as tonnage overhang imminent - Container News (container-news.com)](https://container-news.com/limited-scrap-potential-as-tonnage-overhang-imminent/) [Smaller Containerships Most Likely to Face the Chopping Block (gcaptain.com)](https://gcaptain.com/smaller-containerships-most-likely-to-face-the-chopping-block/?subscriber=true&goal=0_f50174ef03-7f1dbfbc62-139815037&mc_cid=7f1dbfbc62&mc_eid=1ec7e062ef) ---
**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:** [November 3, 2022, 3:48pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/67 "2022-11-03T15:48:39Z")
> **[AD Ports splurges $800m to take over Global Feeder Shipping - Splash247](https://splash247.com/ad-ports-splurges-800m-to-take-over-global-feeder-shipping/)** > > AD Ports Group has made its largest ship investment to date, spending $800m to take an 80% stake in Dubai-based Global Feeder Shipping (GFS), creating a feeder giant in the process. GFS has 26 owned and operated vessels with a total capacity of... ---
**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:** [November 5, 2022, 9:55pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/68 "2022-11-05T21:55:37Z")
> **[OOCL orders seven 24,000 teu methanol-compatible vessels - Hong Kong Maritime...](https://www.hongkongmaritimehub.com/oocl-orders-seven-24000-teu-methanol-compatible-vessels/)** > > Hong Kong’s Oriental Container Lines (OOCL) today (2 November) revealed an order for seven methanol-compatible 24,000 teu container vessels with expected delivery starting from the third quarter of 2026. Under the terms of a contract \[...\] > [@](#): > > Under the terms of a contract dated 28 October 2022, the vessels will be built by Nantong COSCO KHI Ship Engineering Co., Ltd. The cost of each vessel will be US$239.85m amounting to a total investment of US$1,678.95m. Delivery starts in 2026. ---
**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:** [November 5, 2022, 10:15pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/69 "2022-11-05T22:15:55Z")
Meanwhile MSC is building more mega ships with conventional propulsion: > **[Chinese shipyards unleash a series of 24,000 TEU giants intended for MSC,...](https://www.offshore-energy.biz/chinese-shipyards-unleash-a-series-of-24000-teu-giants-intended-for-msc-evergreen/)** > > Chinese shipbuilders are pressing ahead with the construction of the world's largest containerships set to enter the market. ---
**Author:** ![spowiednick](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/spowiednick/32/35668_2.png) [@spowiednick](https://forum.gcaptain.com/u/spowiednick)\ **Post date:** [November 8, 2022, 11:32am UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/70 "2022-11-08T11:32:21Z")
[Brand new ONE New Panamax container ship grounding, Brazil – Maritime Bulletin](https://www.maritimebulletin.net/2022/11/08/brand-new-one-new-panamax-container-ship-grounding-brazil/) ---
**Author:** ![freighterman1](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/freighterman1/32/11176_2.png) [@freighterman1](https://forum.gcaptain.com/u/freighterman1)\ **Post date:** [November 9, 2022, 11:15pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/71 "2022-11-09T23:15:29Z")
What a difference a year makes… > **[Container-ship logjams off US ports finally easing as imports fall](https://www.freightwaves.com/news/container-ship-backlogs-off-ports-finally-winding-down-as-imports-fall)** > > Declining imports have led to fewer container ships waiting off ports, injecting more capacity into the market, a negative for spot rates. [From the article] _… the ship backlog off the West Coast continues to dwindle. There were eight container vessels in the queue off Los Angeles/Long Beach. On Thursday, there were only six, tying the record low hit three times previously in the past three weeks. Los Angeles/Long Beach used to be the epicenter of the container-ship traffic jam, with a peak of 109 vessels waiting on Jan. 9…There were 13 ships waiting for berths in Oakland, California, on Friday. The queue off Vancouver, British Columbia, was down to six, with none waiting off Seattle/Tacoma…_ Amazing how what is a _cause celebre_ and forum-fodder one year fades into obscurity the next. Any stevedoring company or trucking company who bought expensive chassis to handle the container glut had better have paid them off in a year. ---
**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:** [November 24, 2022, 7:39pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/72 "2022-11-24T19:39:30Z")
From feast to famine is but a short step in shipping: > **[Cold lay-ups in the frame as liners look at all options in their toolbox -...](https://splash247.com/cold-lay-ups-in-the-frame-as-liners-look-at-all-options-in-their-toolbox/)** > > Liners will idle as much as 1.5m teu of tonnage next year as the container market eases with analysts warning images of boxships in lay-up could become commonplace once again. British consultants Drewry are forecasting idling will reach approximately... ---
**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:** [November 26, 2022, 2:48pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/73 "2022-11-26T14:48:15Z")
> **[Delhi seeks independence from China's hold on box manufacturing](https://www.seanews.com.tr/delhi-seeks-independence-from-chinas-hold-on-box-manufacturing/195055/)** > > THE Indian government has earmarked Bhavnagar city (pop 643,365) in north west Gujarat near the Alang shipbreaking beaches as the centre of the nation's new container manufacturing, reports Delhi's Mint, a unit of the Hindustan Times Most of these containers will probably get stuck somewhere due to gridlock and need replacement. Good business model for the manufacturers. ---
**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:** [November 26, 2022, 3:00pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/74 "2022-11-26T15:00:45Z")
> **[Maersk 'test case' could shift balance of power in container shipping - The...](https://theloadstar.com/maersk-test-case-could-shift-balance-of-power-in-container-shipping/)** > > Maersk and subsidiary Hamburg Süd, are accused by customer OJ Commerce of failing to meet contractual obligations, collusion and retaliation. ---
**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:** [December 12, 2022, 8:30pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/75 "2022-12-12T20:30:12Z")
Back to normal?: > **[Container market collapse sees first ships heading for scrap - Splash247](https://splash247.com/container-market-collapse-sees-first-ships-heading-for-scrap/)** > > The container market collapse is in full view with ships heading for scrap and other vessels taking the long way back to Asia via the Cape of Good Hope to soak up capacity. Both Clarksons and Braemar are reporting that several smaller containerships... ---
**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:** [January 3, 2023, 8:19pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/76 "2023-01-03T20:19:19Z")
> **[Sea-Intelligence: Overcapacity Could Trigger Container Price War](https://maritime-executive.com/article/sea-intelligence-overcapacity-could-trigger-container-price-war)** > > During the surge in container shipments, the carriers had every possible vessel sailing to maximize capacity on their routes. Now as volumes have slac... ---
**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:** [January 5, 2023, 12:14pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/77 "2023-01-05T12:14:20Z")
> **[Maersk joins rivals in softening contract conditions for shippers - The Loadstar](https://theloadstar.com/maersk-joins-rivals-in-softening-contract-conditions-for-shippers/)** > > Carriers are tempting BCOs with flexible long-term contract options for 2023 as shippers are “burnt” by rigid high cost contracts ---
**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:** [January 9, 2023, 9:56pm UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/78 "2023-01-09T21:56:47Z")
> **[Top 10 container lines: How did rankings change during boom?](https://www.freightwaves.com/news/top-10-container-lines-how-did-rankings-change-during-the-boom)** > > The top 10 liner operators hiked aggregate capacity by 13% in 2000-22 and continue to control 85% of the global fleet. ---
**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:** [January 17, 2023, 11:26am UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/79 "2023-01-17T11:26:53Z")
What a difference a few months can make in Shipping: > **[Secondhand containership prices in free fall - Splash247](https://splash247.com/secondhand-containership-prices-in-free-fall/)** > > Secondhand boxship prices are falling off a cliff. After a very muted second half of 2022 in terms of sales, the opening 17 days of 2023 have registered some severe drops in prices for the previously buoyant sector. Brokers Southport Atlantic note... ---
**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:** [January 17, 2023, 11:31am UTC](https://forum.gcaptain.com/t/container-shipping-news/62965/80 "2023-01-17T11:31:21Z")
Container shipping is doing better in some segments and areas than in the Main-line /East-West trade: > **[Boxships cascade back to the intra-Asia trades - Splash247](https://splash247.com/boxships-cascade-back-to-the-intra-asia-trades/)** > > As the liner shipping party comes to a close, ships are cascading back from the long-haul east-west lanes to regional trades. Latest data from consultancy Linerlytica shows that the total boxship capacity employed on the intra-Asia trades are rising... [Previous page](https://forum.gcaptain.com/t/container-shipping-news/62965.md?page=3) [Next page](https://forum.gcaptain.com/t/container-shipping-news/62965.md?page=5)