Boxship chartering interest turns to feeder vessels

With almost all larger boxships having been snapped up in the charter market, shipping lines are turning their attention to the smaller ships.

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https://container-news.com/boxship-chartering-interest-turns-to-feeder-vessels/

GRIs and blank sailings halt long-haul rate slide

Mainline operators achieved their first rate gains of 2025 by implementing general rate increases (GRIs) for 1 April, according to Linerlytica’s report.


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https://container-news.com/gris-and-blank-sailings-halt-long-haul-rate-slide/

Shippers turning to futures and longer-term contracts to manage risks

Daily turnover of Asia-North Europe (EC) container freight futures traded on the Shanghai Futures Exchange has reached US$1.5 billion.

Speakers at the “Navigating the Volatility of Container Freight Rates” conference in Singapore today (24 March), said that years ago, interest in such futures wasn’t high, but disruptions caused by the Covid-19 pandemic, the blockage of the Suez Canal with Ever Given in March 2021, the Red Sea crisis and geopolitical tensions, have made it necessary to hedge...

https://container-news.com/shippers-turning-to-futures-and-longer-term-contracts-to-manage-risks/

Container lines still hesitant about returning to Red Sea

All mainline operators are sticking to detours round the Cape of Good Hope, according to Linerlytica’s analysis.

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https://container-news.com/container-lines-still-hesitant-about-returning-to-red-sea/

Trump’s new tariffs unlikely to reverse trade deficit

Tariffs that the Trump 2.0 administration is imposing on Chinese imports would not reverse the US’ deteriorating container trade imbalance with China, according to Linerlytica’s report.

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https://container-news.com/trumps-new-tariffs-unlikely-to-reverse-trade-deficit/

What a difference a year makes

Red Sea diversions were in their infancy in January last year and followed a series of major industry challenges, including the pandemic, the Ever Given crisis, the US/China trade dispute, the Panama Canal drought and, last but not least, the Ukrainian war.

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https://container-news.com/what-a-difference-a-year-makes/

Transpacific rate rebound gives box lines upper hand in contract negotiations

Transpacific rates have shot up ahead of an increasing likely industrial action by US East Coast port workers. This will give mainline operators bargaining power when discussing 2025 contract rates, according to Linerlytica’s report.

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https://container-news.com/transpacific-rate-rebound-gives-box-lines-upper-hand-in-contract-negotiations/

HMM follows MSC and CMA CGM, turning to pre-owned boxships

High charter costs have made HMM join two giant ocean carriers MSC and CMA CGM in buying elderly secondhand feeder ships.

HMM’s spokesperson told Container News that the company is currently in discussions to buy three 2005-built feeder ships. These are MPC Container Ships’ 2,500 TEU AS Paola and Regional Container Lines’ 2,400 TEU Wanda Bhum and Xutra Bhum.

HMM’s spokesperson said, “HMM actively seeks fleet expansion and diversification possibilities. We are considering second-hand boxships for...

https://container-news.com/hmm-follows-msc-and-cma-cgm-turning-to-pre-owned-boxships/

Mexico can be US West Coast alternative as volumes soar

An anomaly has arisen in container shipping data as US West Coast imports from Asia saw rates falling on fears of a US recession, while US dockers’ strikes on the East Coast and the election have raised fears of further disruption.

Xeneta chief analyst Peter Sand, however, considers Mexico a viable alternative for US imports, claiming that Mexican ports have already shown they can handle the increased demand, with China volumes increasing 30% year-on-year.

“Mexico effectively takes some risk off...

https://container-news.com/mexico-can-be-us-west-coast-alternative-as-volumes-soar/