Rates update, week 51: GRIs boost prices, with more to come in January
Container spot rates on the transpacific trades shot up this week, on the back of ...
FDX: GOODBYE TIMEAMZN: SCRUTINYGM: BAD BEHAVIOURDHL: STICKING PEP: UNFAIR COMPETITIONKNX: JBHT RIPPLE EFFECTJBHT: DOWNGRADESDHL: SHINING ON WEAKNESSKNIN: ENOUGH DAMAGE DONE NOWLINE: BOUNCING BACKMAERSK: LOOKING AHEADUPS: UPGRADE AHEAD OF EARNINGSAMZN: BETTING ODDSJBHT: EARNINGS MISSJBHT: EARNINGS SEASON IS HEREDHL: BOTTOM FISHINGDSV: DOWN
FDX: GOODBYE TIMEAMZN: SCRUTINYGM: BAD BEHAVIOURDHL: STICKING PEP: UNFAIR COMPETITIONKNX: JBHT RIPPLE EFFECTJBHT: DOWNGRADESDHL: SHINING ON WEAKNESSKNIN: ENOUGH DAMAGE DONE NOWLINE: BOUNCING BACKMAERSK: LOOKING AHEADUPS: UPGRADE AHEAD OF EARNINGSAMZN: BETTING ODDSJBHT: EARNINGS MISSJBHT: EARNINGS SEASON IS HEREDHL: BOTTOM FISHINGDSV: DOWN
At the beginning of this year, some 281 containers were lost overboard off the Dutch coast from the ultra large container ship MSC Zoe, while it was en route from Sines to Bremerhaven. A criminal investigation in the district court of Amsterdam is currently underway, according to World Cargo News, but it also suggested that problems with the vessel’s “black box” are making the investigation difficult: “it has not been possible to make a correct reading of the ship’s Voyage Data Recorder, so it cannot be determined exactly when the ship’s captain first became aware the ship was losing containers, and thus whether there was a time lapse when he reported the incident to the coastguard authorities.”
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