MSC and CMA CGM gobble up capacity from non-operators
Don’t forget those intra-regionals…
Maersk is leading the way in laying-up surplus tonnage while demand remains weak across the main east-west tradelanes, but the carrier could leave itself exposed to aggressive market share grabs by rivals.
According to an Alphaliner survey, Maersk tops the ocean carrier idle tonnage rankings, with 29 ships with a capacity of 281,400 teu, in lay-up, including 17 of more than 7,500 teu.
Maersk is followed by its 2M partner, MSC, which has 13 vessels idled with a capacity of 119,000 teu, ...
Amazon pushes into LTL for small package fulfilment and UPS does a u-turn
New senior management for DSV as it readies for DB Schenker takeover
Volumes set to 'fall off a cliff' as US firms hit the brakes on sourcing and bookings
Asian exporters scramble for ships and boxes to beat 90-day tariff pause
Temporary tariff relief brings on early transpacific peak season
'Tariff madness' will prompt renegotiation of ocean shipping contracts
Response to tariffs by Chinese importers may see extra costs for US shippers
Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers
Comment on this article
Rajeev Kathuria
March 22, 2023 at 2:06 pmIt would be idle that instead of weekly sailing ,they make 10 days sailing & do Slow Steaming to counter this sluggish demand