#vessel-capacity
(7 articles)Oakland Port Exports Outpace Imports in April Amid Vessel Consolidation
The Port of Oakland processed 184,492 TEUs in April 2024, marking a modest 0.7% decline from the previous month but reflecting a stabilizing trend in West Coast container traffic. Notably, exports of
Blank Sailings Surge as Port Congestion Tightens Container Capacity
The ocean freight market is experiencing a significant uptick in blank sailings—canceled scheduled voyages—driven by persistent port congestion and service reliability challenges. This trend reflects
Evergreen Orders Five 24,000 TEU LNG Ships for $1.3B+
Evergreen, the world's seventh-largest shipping line, has finalized a significant procurement order for five 24,000 TEU LNG dual-fuelled container ships valued between $1.3 billion and $1.48 billion f
Chipolbrok Launches Latest Heavy Lift Vessel
Chipolbrok, a prominent heavy lift and project cargo shipping specialist, has launched its latest heavy lift vessel, representing a capacity expansion within the specialized breakbulk segment. This fl
Zim Q1 Earnings Plunge 129% Amid Hapag-Lloyd Merger Uncertainty
Zim's first-quarter financial results reveal the mounting pressure on global liner operators amid market volatility and regulatory uncertainty. With a year-on-year earnings collapse of 129% and a net
Tight Box Ship Fleet Lifts Charter Rates Amid Middle East Chaos
Container shipping markets are operating at near-maximum utilization globally, with commercially idle capacity remaining exceptionally low despite nine weeks of Middle East military disruption. The co
Yang Ming Container Shipping: Is Recovery Momentum Sustainable?
Yang Ming Marine Transport, a major Taiwan-based container shipping line, is under scrutiny as analysts evaluate whether the current shipping recovery has sufficient structural support to sustain gain