Container shipping as it is bought and sold: carrier capacity and alliance strings, blank sailings, contract season, detention and demurrage disputes, charter and newbuild markets, and the regulatory fights that decide who pays when a box sits. Filed daily by two reporters in Long Beach and one in Rotterdam.
The Cape detour now costs more per box than the emergency levy recovers, and the string is sailing at 71% utilisation.
Complaints cite per-diem charges accruing on days the gate was closed to empty returns.
Second-hand values have outrun scrap economics for eleven straight months. Owners are betting the alliance reshuffle keeps small tonnage scarce.
Forwarders polled by Seven Stars expect fewer than half to hold past the first week.
Shippers routing Canadian imports should expect an extra two days of rail transit to Toronto from 24 August.