HMM leads as South Korea embarks on state-backed box fleet expansion
HMM said today it would increase its box ship fleet to 130, with a combined ...
According to Drewry: if the 2M vessel-sharing agreement between Maersk Line and MSC gets the green light, by the beginning of next year four alliances will control 98.5% of all effective capacity between Asia and Europe.
This, the transport consultant suggests in its Container Insight Weekly publication, will make it easier for ocean carriers to fine-tune capacity to meet seasonal fluctuations in demand.
Despite shipper angst over the power of the mega-alliances, Drewry argues that the bigger an alliance or consortium, the smoother the schedule disruption caused and the more alternative sailings there are to cater for roll-overs.
Shippers however, will no doubt await the proof of the pudding before resting easy on the benefits
'I'm scared', says Boeing whistleblower, after two others suffer mysterious deaths
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
Indian trade disrupted as port congestion forces liner services to skip calls
Shipper frustration as spot rates rise alongside demand, and cargo is rolled
Don't get too confident for Q2, market risks haven't disappeared, warns Yang Ming chief
Flexport's newly liveried aircraft ready as business looks up
Don't chase that final dollar, warning to shippers delaying signing new contracts
Comment on this article