China’s Ministry of Transport

Wan Hai wades into Pacific demand speculation as rates stay high

Wan Hai Lines president Tommy Hsieh expects Transpacific freight rates to remain high until at least the end of this year, even as container carriers are being urged to deploy more vessels amid the traditional peak season.

Commenting on rising Transpacific freight rates, which have become a concern raised by China’s Ministry of Transport and the US Federal Maritime Commission, Hsieh believes, “Although carriers can add more capacity to the US market, container availability remains tight. So even...

https://container-news.com/wan-hai-wades-into-pacific-demand-speculation-as-rates-stay-high/

Congestion at North American terminals as Covid takes its toll

Carriers are reporting a number of pinch-points at US and Canadian ports as container volumes have increased to in excess of pre-pandemic levels while inland infrastructure has suffered due to a lack of staff and terminal congestion.

Maersk has advised its customers that, “The peak season is being defined by a number of volume-related challenges and we encourage customers to add more buffer to supply chain schedules to allow for potential disruptions and delays.”

The lines are also experiencing...

https://container-news.com/congestion-at-north-american-terminals-as-covid-takes-its-toll/

HMM Oslo heads for Europe with a full load

HMM Oslo, the company’s second 24,000TEU ship, has left for Europe, according to a company statement on 31 May, with all its slots full, repeating a feat achieved by sister vessel HMM Algeciras.

HMM Oslo began service on 11 May, loading containers in Busan New Port, Hyundai Pusan Newport, before moving on to Shanghai, Ningbo and Yantian in China. The ship then moved to Singapore before departing for Europe on 28 May.

HMM Oslo loaded 19,504TEU altogether. The company’s first 24,000TEU ship, HMM...

https://container-news.com/hmm-oslo-heads-for-europe-with-a-full-load/