Maersk vessel forced to omit Cape Town as congestion mounts
The port of Cape Town is facing significant congestion, which is set to worsen this ...
The containership orderbook ratio now stands at just over 4m teu, or 27% of the active fleet, after a rush of new commissions in the past week.
Most notably, Maersk Line confirmed this week that it had ordered 20 ships, comprising six 17,000 teu units and two 9,000 teu units at Yangzijiang Shipbuilding, and six 15,000 teu units each at Hanwha Ocean and New Times Shipbuilding. These vessels will be LNG-propelled.
VesselsValue estimates that the 17,000 ...
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
Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers
Response to tariffs by Chinese importers may see extra costs for US shippers
Comment on this article