Container Shipping Rate Increase Fades Quickly as Market Weakness Persists Toward Year-End
As the Christmas season approaches, market sentiment suggests that it is not an ideal time for container shipping companies to raise freight rates. Shipping alliances had originally planned to implement rate hikes on December 1. However, on the afternoon of December 1, an Asian member of a major shipping alliance unexpectedly announced that it would […]
LA Port Container Ship Fire: Up to 117 Boxes Damaged on ONE Henry Hudson
A major fire incident occurred at the Port of Los Angeles last Friday night, November 21, when the container vessel ONE Henry Hudson caught fire and exploded at the Yusen Container Terminal. The incident temporarily disrupted port operations and drew significant attention across the global shipping industry. Fire Contained, No Crew Injuries Reported Fortunately, all […]
POL and POD in Ocean Freight: Meaning, Differences, and Key Roles in International Shipping
POL and POD in Ocean Freight: What They Mean and Why They Matter In international ocean freight shipping, the terms POL and POD are essential for understanding the movement of cargo from origin to destination. These terms indicate the main loading and unloading ports used during transportation, and they play a critical role in how […]
Fully Cellular Container Ships: The Backbone of Global Containerized Trade
Fully cellular container ships are specialized cargo vessels designed exclusively for transporting containers. Both the cargo hold and deck are purpose-built to accommodate containerized cargo. These ships feature grid-style cell guides and vertical rail systems within the holds to secure containers and allow for multi-level stacking. On deck, their flat structural design supports stacking up […]
Understanding Shipping Schedules, Voyages, and Ocean Routes in Maritime Logistics
What Is a Shipping Schedule? A shipping schedule refers to a carrier’s planned arrangement for the deployment of vessels. It details: What type of ship is being used When the ship will depart and arrive The itinerary from the port of origin to the destination Shipping schedules can be categorized based on the type of […]