Containerships News Updates

Business, Logistics, TCA

Behind the Efforts to Free the Ever Forward

The Ever Forward, a 1,095-foot cargo carrier with more than 4,000 full shipping containers, is the largest ship to have ever run aground in the Chesapeake Bay, and freeing it is an arduous and cumbersome process. The first attempt to refloat the ship will begin at noon March 29.

March 28, 2022
Business, Logistics, TCA

Ship Could Be Stuck in Chesapeake Bay for Weeks

Officials say it could take days or weeks to free a containership stranded near Gibson Island in the Chesapeake Bay since the evening of March 13.

March 17, 2022
Business, Logistics

Containership Ever Forward Stuck in Chesapeake Bay

A year after a giant containership got stuck in the Suez Canal for almost a week and disrupted global trade for months, another Evergreen Marine Corp. vessel has run aground, this time near the U.S. capital.

March 14, 2022
Business, Logistics

Container Shipping Rates May Take Two Years to Fall to Normal

Ocean freight rates, which have pummeled retailers and manufacturers throughout 2021, may take more than two years to return to normal levels if past market cycles are any guide.

November 16, 2021
Business, Equipment, Logistics

Pacific, Atlantic Ports Report Strong Growth in August Amid Tight Supply Chains

As volumes continue to surge at the nation’s ports on the coasts of the Pacific, Atlantic and Gulf of Mexico, two of the nation’s biggest facilities — Los Angeles and Long Beach — are taking the first steps to expand their hours of operations to 24/7 to keep up with the backlog of freight.

September 22, 2021
Business, Equipment, Logistics

Ports on Both Coasts Report Strong July Numbers

Imported goods continued to flood into the U.S. in July as the nation’s ports produced substantial container volumes.

August 18, 2021
Government, Business, Technology, Logistics

Containership Bottleneck Nears Its February Record

The biggest U.S. trade gateway with Asia is clogged with the most inbound container vessels in more than six months, threatening to extend transportation delays, bite further into margins for American importers and boost prices for consumers.

August 16, 2021
Government, Business, Logistics

229% Surge in China-US Shipping Costs Drives Inflation Pressure

The cost to ship a boxload of goods to the U.S. from China edged close to $10,000 as the world’s biggest economy keeps vacuuming up imports amid slower recoveries from the pandemic from Europe to Asia.

July 8, 2021
Business

Egypt Bids Adieu to Suez Canal Saga With Payoff, Party

For a nation that provides safe passage for so many ships through its waters, Egypt offered up rather special treatment for the Ever Given.

July 7, 2021
Government, Business, Safety

Ever Given Saga Nears End, Ship Poised to Leave Suez Canal

A giant containership that had blocked Egypt’s Suez Canal for nearly a week earlier this year will be released on July 7 following an agreement between authorities and the vessel’s owners, the canal operator said July 4.

July 6, 2021