Gemini carriers cut back loading allocations on challenging southern India trade
Southern India’s ocean trade continues to be a challenging market for both Maersk and Hapag-Lloyd, ...
Photo: Hapag-Lloyd
More new containerships have been commissioned from shipyards this week, with orders this year set to be a record number.
Figures from VesselsValue show that 254 box ships have been ordered this year.
Stringent environmental regulations are prompting fleet renewals, while mainline operators seem certain the Red Sea crisis will continue, keeping tonnage supply tight.
Besides the 24 ships Hapag-Lloyd announced yesterday, this week has seen Pacific International Lines (PIL) order five 9,000 teu vessels ...
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