Gavin van Marle

4 days ago | theloadstar.com | Gavin van Marle

Global terminal operator DP World is set to plough some $760m into its Caribbean transhipment hub of Caucedo, following the signing of a Memorandum of Understanding (MoU) with the Dominican Republic’s Ministry of Industry, Commerce. Half of the investment will go into expanding the container terminal from 2.5m teu to 3.1m teu, expansion of the quay and breakwater, to accommodate next-generation vessels, crane, container handling, IT, and landside infrastructure.

4 days ago | theloadstar.com | Gavin van Marle

Let’s go The first caveat is these figures don’t show the tariff effect in terms of volumes and pricing – the trade will have to wait another month until that data is established, unfortunately. However, let’s get the big numbers out of the way first: as per a Premium request to the CTS team, the the exact number of loaded containers shipped during the first quarter of 2025 was 44,876,867 teu, compared to 43,071,459 teu shipped in the first three months of ...

1 week ago | theloadstar.com | Gavin van Marle

A divergence in container spot freight rates between the Asia-Europe and Asia-North America trades emerged this week, with pricing declines into Europe getting sharper, while rates to North America strengthened, week on week.

1 week ago | theloadstar.com | Gavin van Marle

It was a somewhat phlegmatic CEO Vincent Clerc addressing analysts at yesterday’s first-quarter Maersk earnings call. Some parts of the business had performed well – take a bow, APM Terminals – while others still had ground to make up – the EBIT margin in Logistics & Services was 4.1%, still stubbornly below the targeted 6% but way better than the measly 1.5% achieved this time last year. It probably doesn’t matter that much at the moment because these are relatively small ...

1 week ago | theloadstar.com | Gavin van Marle

Despite President Trump’s claim this week that Yemen’s Houthi rebels had “surrendered to the US” and were to cease their attacks on Red Sea shipping, Maersk CEO Vincent Clerc said today that a return to Suez Canal transits this year was extremely unlikely. “There is a strong link between what’s going on in Yemen and what’s going on in Gaza, and therefore, given what we’re seeing every day and the expectation that it’s worsening on the ground in Gaza and that ...