'Tariff madness' will prompt renegotiation of ocean shipping contracts
Today’s “absolutely nuts” container shipping market will spur contract renegotiations, as rates and minimum quantity ...
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By Mike Wackett
2M partners Maersk and MSC have extended the suspension of their TA4/NEUATL4 transatlantic loop through to September.
The service, which deploys five vessels with an average capacity of 5,300 teu and has a rotation of Antwerp-Rotterdam-Bremerhaven-Liverpool-New York-Savannah-Port Everglades-Savannah, was originally suspended until mid-June and to mid-July.
Maersk attributed the new move to “continued market demand reductions in North America and Europe caused by the Covid-19 pandemic”. The service is now stemmed to be reinstated from Europe in the first week of September ...
Comment on this article
David Thompson
June 25, 2020 at 2:01 pmIndependent container Line now operate from Southampton. They transferred from Liverpool last July.
David Snell
June 25, 2020 at 2:06 pmHi. Please note ICL no longer call at Liverpool, they switched to Southampton months ago.
Mike Wackett
June 25, 2020 at 2:12 pmWell spotted eagled-eyed Dave and David I was probably thinking of ICL’s new Cork call!
Now corrected. Thanks for your attention.
Vladimir Eremin
June 29, 2020 at 6:31 pmThere is also direct ICL service from UK to US.