Index-linked agreements: 'shippers have to have the stomach for them'
Shippers pondering the pros and cons of index-linked agreements (ILAs) “have to have the stomach ...
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By Mike Wackett
Maersk Line has today signed a new building contract with Daewoo Shipbuilding & Marine Engineering for eleven, plus six optional, second-generation Triple-E container vessels with a capacity of 19,630 teu each.
Comment on this article
Chas Deller
June 02, 2015 at 5:39 pmMike , u may remember the impact on rate levels
when Maersk announced Emma Maersk(14500 teu) rates
plummeted – so my guess is that this news will put
a dagger in the hearts of some ‘financially’
strapped carriers, who will fear a repeat of that.
Maybe its Maersk’s final plan to eliminate
‘pesky’ competition, goodness knows rates are
at subsistence level on many routes – thank
goodness for low cost oil — at least