'Cargo collision' expected as transpacific capacity tightens and rates rise
Transpacific shippers keen to take advantage of the 90-day tariff time-out are likely to be ...
© Denys Yelmanov
Interesting companion piece, from FreightWaves, to today’s news that Soren Toft is moving from Maersk Line to become chief executive at MSC, its 2M partner but also one of its fiercest competitors. The current orderbook suggests that MSC will close the gap in capacity that currently separates the two rivals. It reports: “Although MSC has a far bigger orderbook, FreightWaves understands that as those vessels join the fleet, chartered vessels will be released. Is it possible that Toft might implement ...
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